Caliber Collision Centers Acquires Premier Autobody in Round Rock, Texas; Enters Austin Market.IRVINE Irvine, town, Scotland Irvine (ûr`vĭn), town (1991 pop. 32,507), North Ayrshire, SW Scotland, on the Irvine River estuary. Industries include iron and brass foundries. Other products are chemicals, electric goods, and clothing. , Calif--(AutomotiveWire)--June 10, 1999-- Caliber Collision Centers, an Irvine-based operator of high-quality collision repair facilities in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). and Texas, Thursday Thursday: see week. announced the completed acquisition of Premier Autobody in Round Rock, Texas. The acquisition represents the company's entry into the Austin Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum marketplace, enabling it to significantly increase its market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" , production capacity, and service coverage in Texas, the second largest automobile market in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Terms of the deal were not disclosed. "By acquiring Premier Autobody, Caliber entered a new market in Texas, filling a void between our Dallas/Fort Worth and San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. centers," said Doug DOUG Dumb Old Utility Guy Boazman, vice president, Texas Operations for Caliber Collision Centers. "Austin is key in our growth strategy for Texas and is a market which we plan to grow to improve our coverage in the state and to meet the demands of our insurance partners." Earlier this month, Caliber acquired Body Shops of America, a 50,000 square-foot center in West Fort Worth. Consistent with its plans to become the largest operator of collision repair centers in Texas, the company plans to continue acquiring high-quality centers throughout the Dallas/Fort Worth and Austin markets in addition to building several new locations before the end of the year. Premier Autobody, founded in 1986 by Dave and Bob Hamby, is an 18,000 square-foot facility that provides foreign and domestic paint and collision repair and factory precision "unibody" repair. "During the past 14 years, we have focused on quality and customer satisfaction to create one of the outstanding collision repair centers in Austin," said Dave Hamby. "However, we recognized that consolidation in our industry would bring even more far-reaching benefits to our customers and insurers. After speaking with several other collision repair consolidators, we believed that Caliber offered comprehensive benefits for our employees not offered by the others, and the opportunity to incorporate new technologies and production systems that would greatly decrease our repair cycle times while increasing overall quality." Bob and Dave Hamby will assist in the transition of the facility to a Caliber Center with Bob Hamby assuming the role of Center Manager. About Caliber Collision Centers Founded in 1991 and with headquarters in Irvine, Caliber Collision Centers is an operator of high-quality collision repair facilities in California and Texas. Caliber currently owns and operates 24 facilities and plans to continue acquiring, developing and integrating high-volume collision repair centers, while providing innovative collision repair solutions and automobile physical damage claims support. |
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