Tag Archives: Glass America

Auto Glass Safety Hearing Held in Maryland House of Delegates

Maryland’s House Environment and Transportation Committee meeting had an in-depth auto glass discussion as several industry members weighed in on HB 519, which would require those installing auto glass in the state to follow the AGRSS Standard. “House Bill 519 … Continue reading

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How Has Boyd Group Fared Through the Pandemic?

Boyd Group Services Inc. (The Boyd Group) released its 2020 third quarter financial report recently and noted its financial results were impacted significantly by the pandemic. According to the report, sales decreased by 10.3% to $508.3 million from $567.0 million … Continue reading

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Financial Results for Boyd Group Proves Impact of COVID-19

The COVID-19 pandemic definitely made an impact on industry companies, as was shown through the recent financial results for Boyd Group Services Inc. The company, which owns, Gerber Collision and Glass and Glass America, issued its financial results for the … Continue reading

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Safelite CEO Talks about Latest Acquisition and More

Safelite CEO and president, Tom Feeney, spoke with AGRR/glassBYTEs.com’s Deb Levy late last week about a variety of topics including the company’s recent TruRoad acquisition. Feeney also said there was absolutely no truth to the rumors of a possible acquisition … Continue reading

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Boyd Group: Strong Q2 Sales Despite Underperforming Auto Glass Business

The Boyd Group, parent company to Gerber Collision & Glass and Glass America, reported that its second quarter sales totaled $302.5 million USD ($384 million CAD), a 16-percent increase compared to 2016. The growth is attributed to several factors, one … Continue reading

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The Boyd Group Reports Steady Growth in Q1

The Boyd Group Fund, based in Winnipeg, Canada, and parent company to Gerber Collision & Glass and Glass America, reported its first quarter financial results for the three-month period that ended March 31. According to the report, despite facing unfavorable … Continue reading

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GNCS Lifts Second-Quarter Sales at Boyd Group

Canadian-based Boyd Group Income Fund, parent company to Gerber Collision & Glass and Glass America, reported that the recent addition of new customers at Gerber National Claim Services (GNCS) boosted same-store sales by 1.4 percent to overall growth of 5.1 percent in the second quarter.

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Gerber Collision & Glass Acquires Collision Care Centers

The Boyd Group, parent company to Gerber Collision & Glass and Glass America, has purchased a multi-store operation in Ohio and Kentucky consisting of ten collision repair centers. The locations are based in the Cincinnati region.

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Gerber Collision & Glass Opens New Florida Location

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has opened a collision repair center in Titusville, Fla. The center previously operated as Freddy Curtis Body Shop and will now be branded under the Gerber Collision & Glass name.

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Gerber Collision & Glass Opens New Oregon Location

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has acquired a collision repair center in Portland, Ore.

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Gerber Collision & Glass Opens Greenfield Location in Georgia

Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has opened a brand new collision repair location in Dallas, Ga. The center is located on the Charles Hardy Parkway, about 20 miles west of Atlanta.

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Gerber Collision & Glass Opens New Oklahoma Location

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has acquired a collision repair center in Sapulpa, Okla., about 15 miles south of Tulsa. The center previously operated as Finishing Touches Auto Body Shop.

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Boyd Autobody & Glass Acquires British Columbia Licensed Partner

Winnipeg, Canada-based the Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America in the U.S., has acquired a location operated by one of its long-time licensed partners. Boyd Autobody & Glass “Galaxie” has been a licensed partner since Sept 1997 and has operated in Burnaby, British Columbia, since 1977.

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Boyd Group Reports Double-Digit Growth in Sales

Boyd Group Income Fund, which owns Gerber Collision & Glass and Glass America, reported that first-quarter sales increased by 24.3 percent to $270.5 million USD ($350.4 million CAD), compared to $217.6 million USD ($281.8 million CAD) in the prior year. In addition to acquiring 20 collision repair facilities during the period, the company also purchased Ryan’s Auto Glass, which includes four locations serving the Cincinnati and Dayton, Ohio, area.

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Gerber Collision & Glass Adds Indiana Location

The Boyd Group, parent company to Gerber Collision & Glass and Glass America, has acquired a multi-store operation in Indiana consisting of six collision repair centers located in the Indianapolis region. The centers previously operated as Collision Cure Body Werks, … Continue reading

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TODAY’S BLOG: The Intersection of Collision Body Shops and Glass

“When airbags deploy in a crash, chances are good the glass is damaged. The collision repair and AGRR industries’ relationship goes back for decades. However, in recent years, it appears these ties have become stronger.” —Jenna Reed

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CEO Looks to Double Boyd Group’s Footprint in Five Years; Acquires J&M Body Shops

Canadian-based Boyd Group Income Fund, parent company to Gerber Collision & Glass and Glass America in the United States, among others, reported today that 2015 sales grew by 39.1 percent to $757. 4 million USD ($1.2 billion CAD) year-over-year. The company will likely double in size over the next five years, Boyd Group’s CEO said during the conference call.

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Glass America Acquires Ryan’s Auto Glass

Glass America, a subsidiary of the Boyd Group, has purchased Ryan’s Auto Glass, which includes four locations serving the Cincinnati and Dayton, Ohio, area. Ryan’s Auto Glass is a business unit of All Service Glass, which is based in Lima, Ohio. The corporate location in Lima is not a part of the deal.

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Gerber Collision & Glass Opens New Georgia Location

The Boyd Group, parent company to Gerber Collision & Glass and Glass America, among others, has opened a collision repair center in Conyers, Ga., about 24 miles east of Atlanta. “This new location increases our large market presence in the … Continue reading

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Alan Resnick Opens New Hampshire AGRR Company

Alan Resnick, who spent more than 14 years with Glass America, has opened his own AGRR company in Hooksett, N.H., called Car Glass of New England.

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Boyd Group: Strong Glass Sales Continued into Q3

“While glass sales are traditionally strongest in the second quarter of the year, we continued to see strong glass same-store sales growth in the third quarter,” said Brock Bulbuck, president and CEO of Boyd Group Income Fund, in a letter to shareholders.

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Gerber Collision & Glass Adds New Indiana Location

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has added a collision repair location in Schererville, Ind. The center is about 35 miles south of Chicago and previously operated as John’s CARSTAR Collision Center.

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Gerber Collision & Glass Gains New Florida Location

The Boyd Group Inc., parent company to Gerber Collision & Glass, Glass America and others, has opened a collision repair location in Estero, Fla. The center is about 20 miles south of Fort Myers, Fla.

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Gerber Collision & Glass Opens New Washington Location

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has acquired a collision repair location in Bremerton, Wash. The center previously operated as Clifford’s Auto Body and is located on a busy thoroughfare near the Bremerton Ferry Terminal, which is used daily by commuters to nearby Seattle.

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Gerber Collision & Glass Opens First Oregon Location

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, opened a collision repair location in Gresham, Ore. The center previously operated as Custom Touch Collision Care for 24 years. Gresham is located about 15 miles east of Portland.

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Gerber Collision & Glass Opens New Ohio Location

The Boyd Group Inc., parent company to Gerber Collision & Glass, Glass America and others, has opened a collision repair center in Mayfield Heights, Ohio. The location previously operated as Deacon’s Collision Center.

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Gerber Collision & Glass Opens Two Repair Locations in Ohio

The Boyd Group, parent company to Gerber Collision & Glass, Glass America and others, has acquired two collision repair centers in Dayton, Ohio. Both locations previously operated as Wayside Collision Centers.

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Gerber Collision & Glass Opens Two Colorado Locations

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has acquired two collision repair centers in Glenwood Springs and Grand Junction, Colo.

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Gerber Collision & Glass Gains New Location in Colorado

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has acquired a collision repair center in Highlands Ranch, Colo. The center was previously operated as Don Massey Collision Center and is located near Denver, Colo.

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Gerber Collision & Glass Opens New Location in North Carolina

The Boyd Group Inc., parent company to Gerber Collision & Glass and Glass America, has acquired a new location in Jacksonville, N.C. The center, previously operated as Moore Collision Center, is located on a major thoroughfare in Jacksonville and is co-located with the Moore Buick GMC dealership.

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Boyd Group Income Fund Added to the S&P/TSX Composite Index

After the close of trading on Friday, September 18, 2015, Boyd Group Income Fund (TSX: BYD.UN), parent company to Gerber Collision & Glass, Glass America and more, will be added to the S&P/TSX Composite Index.

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Gerber Collision & Glass Opens New Florida Location

The Boyd Group Inc., parent company to Gerber Collision & Glass, Glass American and more, has acquired a collision repair center in the Lake City, Fla. The center previously operated as Duval Automotive and is located on East Duval Street, a key thoroughfare in Lake City and close to the I-10 and I-75 interstate highways.

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Bulbuck: Strong Glass Sales Bolster Bottom Line

Strong glass sales and earnings contributed to a 37.4 percent increase in sales for Boyd Group Income Fund’s second quarter. Canadian-based Boyd Group is parent company to Gerber Collision & Glass, Glass America and others in the United States.

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Gerber Collision & Glass Opens New Repair Location in Arizona

The Boyd Group Inc., parent company to Gerber Collision & Glass, Glass America and others, has acquired a collision repair center Mesa, Arizona. The center previously operated as Red Mountain Collision.

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Gerber National Glass Services Coins New Name

The Boyd Group, parent company to Gerber Collision & Glass, Glass America and others, has changed the name of its third-party claims administrator from Gerber National Glass Services to Gerber National Claim Services.

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Boyd Group Shows No Signs of Slowing Growth

Boyd Group Income Fund, parent company to Gerber Collision & Glass, Glass America and others, has increased its existing revolving credit facility to fund future growth. How much credit does the company now have access to?

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Boyd Group Sales Way Up, Slight Net Loss in Q1 2015

All the acquisitions seem to be paying off—at least in their sales numbers. The Boyd Group, parent company for Glass America, Gerber Collision & Glass and others, has increased its first quarter sales by 53.4 percent to $281.8 million (Canadian … Continue reading

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Boyd Group Nominates Sally Savoia to Board of Trustees

Boyd Group Income Fund, parent company to Glass America, Gerber Collision and Glass and more, has announced the nomination of Sally A. Savoia for election to its board of trustees. Savoia was most recently corporate vice president and chief human resources officer, USA for Praxair Inc., an international industrial gases supplier with 2014 revenues of $12.3 billion USD.

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Boyd CEO “Glass Acquisitions Represent Opportunity for Future”

More glass company acquisitions could be in Boyd Group’s future, said Brock Bulbuck, CEO. However, right now, Canadian-based Boyd Group Income Fund, parent company to Gerber Collision & Glass, Glass America and Hansen Collision and Glass, is focused on integrating the glass businesses it has acquired over the last year, Bulbuck said.

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Former Technician Sues for Overtime Pay

Jose Aleman, a former AGRR technician for Glass America in Miami-Dade County, Fla., has sued the company alleging he was not paid for overtime work.

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Boyd Group to Pay Monthly Cash Distribution

Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, announced a cash distribution for January 2015 of $0.041 per trust unit. The distribution will be payable on February 25, 2015 to unitholders of record at the close of business on January 31, 2015.

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Boyd Group Names New CFO, Expands in Florida

Canada-based Boyd Group Income Fund, which owns Gerber Collision & Glass, Glass America and more, has named Narendra “Pat” Pathipati as executive vice president and chief financial officer. Pathipati succeeds Dan Dott, who will remain with Boyd as senior vice president of finance for a one-year transition period. Following the transition, Dott will retire on December 31, 2015.

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Boyd Group Income Fund Announces Cash Distribution

Boyd Group Income Fund, parent company to Gerber Collision & Glass and Glass America, has announced a cash distribution for the month of December 2014 of $0.041 per trust unit. The distribution will be payable on January 28, 2015 to unit holders of record at the close of business on December 31, 2014.

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Boyd Group CEO Calls Same-Store Glass Sales “Meaningful”

Third-quarter same-store sales for Boyd Group Income Fund, parent company to Gerber Collision & Glass and Glass America, increased $9.74 million USD ($11.0 million CAD) or 8.8 percent in the U.S. “U.S. glass sales were meaningful, but slightly lower than the 8.8-percent same-store growth,” said Brock Bulbuck, president and CEO during a conference call.

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Boyd Group Income Fund Completes Bought Deal Financing

Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, has closed its previously announced $100 million CAD bought deal financing consisting of 1,181,000 trust units at a price of $42.35 CAD per unit and $50 million CAD aggregate principal amount of 5.25 percent convertible unsecured subordinated debentures due October 31, 2021.

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Boyd Group Announces Cash Distribution

Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, announced a cash distribution for the month of September 2014 of $0.04 per trust unit.

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Boyd Acquires Seven Collision Repair Centers

The Boyd Group, parent company to Glass America, Gerber Collision & Glass and others, has signed a definitive agreement and concurrently closed the acquisition of Champ’s Holding Co. Champ’s owns and operates seven collision repair centers in Southeast Louisiana.

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Boyd Group Announces a Bought Deal Financing for Gross Proceeds of Approximately $100 Million CAD

Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, has entered into an agreement to raise about $100 million CAD through an offering of units at $42.35 CAD each and the sale of convertible debentures. The Fund intends to use the net proceeds of the offering to repay bank indebtedness under its revolving credit facility as well as to fund acquisitions and for general corporate purposes.

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Boyd Group 2Q Sales Up 48 Percent

Sales for Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, has increased by 48.2 percent to $202.8 million for the second quarter, compared with sales of $136.9 million for the same period last year. Sales were up thanks to the glass business, recent acquisitions and a rise in same-store sales, according to officials.

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Boyd Group Income Fund Named to the Profit 500 List of Canada’s Fastest-Growing Companies

Boyd Group Income Fund, parent company to Gerber Collision & Glass, Glass America and more, has been ranked 301st in the 26th annual Profit 500 ranking of Canada’s Fastest-Growing Companies by Profit Magazine.

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Cheskis Anticipates Changes with Acquisition of Netcost

Gerber National Glass Services (GNGS), a third-party automotive glass claims administrator (TPA), might soon move away from its partnership with LYNX Services, which provides call center services. Boyd Group Income Fund is purchasing Netcost Claims Services (NCS)—and bringing with it, a call center—to combine with GNGS, according to Eddie Cheskis, CEO of Glass America, a Boyd Group subsidiary.

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Boyd Group to Acquire NCS

Boyd Group Income Fund, parent company to U.S.-based Gerber Collision & Glass, Glass America, Hansen Collision and Glass among others, is acquiring Schaumburg, Ill.-based Netcost Claims Services (NCS), an automotive glass claims administrator for insurer companies.

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Former Employee, Glass America Reach Settlement over Allegations of Fair Labor Standards’ Violations

Theresa Troutman, a former customer service representative for Glass America in Allegheny County, Pa., and Glass America have entered into “a confidential settlement agreement,” and the judge has dismissed her lawsuit alleging that she often worked through her lunch break and was not compensated for it.

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Boyd Group Reports 41-Percent Growth in Quarterly Sales

Boyd Group Income Fund, parent company to U.S.-based Gerber Collision & Glass, Glass America, Hansen Collision and Glass among others, has reported a 41-percent increase in sales to $183.6 million for the first quarter, compared to sales of $130.6 million in the same quarter of the prior year. The glass business contributed incremental sales of $11.5 million, primarily attributable to the acquisition of Glass America, according to officials.

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Boyd Group Changes Policy for Election of Trustees, Directors

The Board of Trustees for Boyd Group Income Fund, parent company to Glass America, Gerber Collision & Glass and others, has adopted a Majority Voting Policy in respect to the election of trustees and directors of subsidiaries at its annual General Meeting of Unit Holders.

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Boyd Group Reports 33-Percent Upswing in Annual Sales

Boyd Group Income Fund, parent company to U.S.-based Gerber Collision & Glass, Glass America, Hansen Collision and Glass and others, has reported a 33.1-percent increase in annual sales to $578.3 million from $434.4 million in 2012. Same-store sales grew by 4.1 percent.

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Former Employee Sues Glass America Alleging Fair Labor Standards’ Violations

Theresa Troutman, a former customer service representative for Glass America in Allegheny County, Pa., has sued Glass America alleging she was not paid for overtime work. In particular, she alleges she often worked through her lunch break and was not compensated for it.

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Boyd Group Consolidates U.S. Automotive Retail Glass Under Glass America Brand

Boyd Group Income Fund, parent company to Gerber Collision & Glass, Glass America, Hansen Collision and Glass and others, has consolidated its U.S. automotive glass retail operations under the Glass America brand, according to Eddie Cheskis, CEO of the U.S. glass division.

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Alan Resnick Leaves Glass America

Alan Resnick—who has been with Glass America since 1999, most recently as vice president of sales and operations—left the company at the end of December to pursue new opportunities.

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What Were the Top Stories of 2013?

Big companies grabbed big attention in 2013. From Guardian to Safelite to Boyd Group Income Fund, news from these industry giants dominated the top ten list of most clicked on glassBYTEs.com™ articles for the year. Whether shedding assets, being sued or acquiring other companies, the industry wanted to know what these AGRR companies were doing.

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Boyd Group Arranges New Credit Facility

The Boyd Group has secured a new five-year, $100 million (U.S. dollars) revolving credit facility with an accordion feature that can increase the facility to a maximum of $135 million (U.S. dollars).

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Boyd Group Sees 40-Percent Upswing in 3Q U.S. Sales

Boyd Group Income Fund, parent company to U.S.-based Gerber Collision & Glass, Glass America, Hansen Collision and Glass and others, reported that third-quarter sales in the U.S. came in at $129.6 million, up $37.8 million or 41.1 percent, from the same period of 2012. The increase is largely due to acquisitions, including Glass America and Hansen Collision and Glass, according to company officials.

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