Nissan June sales rise 13.3%

Nissan announced today June sales of 124,228 vehicles, an increase of 13.3 percent compared to June 2014 sales and a June record.

The record comes as Nissan saw May U.S. sales of 134,779 vehicles, a decrease of 0.8 percent compared to May 2014 sales, according to a release.

Nissan Division (which does not include the company's Infinity division) finished the month at 114,243 vehicle sales, up 13 percent on a unit basis.

Infiniti sales in June totaled 9,985, an increase of 16.5 percent.

“Consumer demand for crossovers continues to gain momentum as strong sales gains from Rogue and Murano drove Nissan to a record June,” Fred Diaz, senior vice president of Nissan U.S. sales and marketing and operations, said in the release. “We also continue to ramp up availability for the all-new 2016 Maxima, which went on sale in June and has quickly become one of the hottest products in the Nissan showroom.”

Nissan sold 4,037 Maxima vehicles in June compared to 3,528 in June 2014, an increase of 14.4 percent. May 2014 to May 2015 sales of the Maxima dropped of 51.5 percent.

Likewise, sales of the well-recognized Altima were up month over month (12.7 percent)

Overall sales of Nissan crossovers, trucks and SUVs set a June record, up 30.3 percent.

The Nissan North America Inc. office is based in Franklin.

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Clarcor sells packaging unit

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Omega targets early 2016 to begin Nashville operations

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Noranda promotes VP to lead primary aluminum unit

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Jun 30, 2015 6:56 AM

Q&A: Warren Hayslip of Quality Industries

Warren Hayslip is president and CEO of La Vergne-based precision metal fabrication company Quality Industries.

With the company about to open a new facility in Texas, Post Managing Editor William Williams caught up with Hayslip (pictured) for a quick chat. 

Quality Industries is prepping for a move to a new facility in Denton, Texas. What will the move entail?

The 86,000-square-foot expansion will increase our production capacity and expand our office space to deliver products and support services to our customers in the Denton area, the state of Texas, and throughout south central and southwestern United States. 

In terms of production capabilities, we will transfer and add a variety of assembly work centers in our new Denton facility and add other metal fabrication technologies — including welding, punching and bending/forming. We expect the plant expansion to be followed by additional investments to further solidify our presence in the Texas area.

Construction is expected to be completed by late November this year, with a move-in date targeted for December. We will start out with about 40 employees, and that employment figure is projected to increase in 2016 as a result of additional capital investments, new product programs and anticipated growth in demand.

Relatedly, there have been changes at your La Vergne headquarters/facility. For example, I understand a recently purchased powder coat system cost $3.7 million. Your industry seemingly requires major capital outlays at various times. What is the QI approach to this?

QI is investing $12.5 million in capital projects and millions of dollars more in equipment and IT improvements.

QI is committed to an aggressive investment policy to strategically position our company for the future. 

Modernization of equipment and related advancements in our technical capabilities are critical elements in our overall investment policy and strategy.

Any personnel updates?

Earlier this year, we named Chris Fann as senior vice president of operations and Gary Carter as vice president of information technology and enterprise transformation. Their leadership experience will be quite valuable, and they will play crucial roles in our expansion and growth efforts.

Further, in addition to our new senior leadership, we are adding talented personnel at the middle- and junior-level ranks of our company. Finally, to strengthen the corporate governance of our company, we are recruiting and adding new outside directors with substantial and diversified experience.

Your 2014 revenues were $92 million. You projected 2015 revenues of $115 million. When does your fiscal year end and what type progress are you making to hit that mark?

We operate on a calendar year basis and are confident that we will achieve our revenue objectives for this year.

What are some of the major challenges currently facing the precision metal fabrication industry?

Filling skilled production positions — such as advanced welders and machine/die/tool technicians — continue to be a challenge for the industry. As a result, vocational and technical training are critical initiatives for our industry’s long-term success.

The Fabricator's 2015 Fab 40 ranks Quality Industries among the nation’s top five metal fabricators. Your thoughts? 

QI’s ranking as one of the largest custom/contract metal fabricators in the U.S. is due to the steady accumulation of leading-edge production capabilities and the employment of experienced employees over the past 40-plus years. 

Today, we feel QI stands out as one of the most diverse metalworks companies in the U.S. — with stamping, punching, laser cutting, bending, roll forming, welding, painting, powder coating, and a wide variety of assembly operations — and a company with an enduring, strategic commitment to quality and operational excellence.

Jun 29, 2015 6:45 AM

MEIKO names Braun as president

La Vergne-based commercial washing equipment manufacturer MEIKO USA announced today it has promoted Markus Braun to president.

Braun (pictured), who most recently oversaw the company's global sales and marketing for cleaning and disinfection appliances, will lead MEIKO's corporate strategy, resource allocation and growth of U.S. market business, according to a release.
Braun joined MEIKO Germany in 1998 as a sales and marketing manager and led the company’s cleaning and disinfection division. His team developed the domestic and international business, representing more than 20 percent of the group’s annual revenue. In other capacities within the company, Braun served as a trustee for the Oscar and Rosel Meier Foundation, the owner of the MEIKO Group.
“MEIKO is a company based on quality and reliability, traits Markus personifies,” Dr. Stefan Scheringer, MEIKO Group CEO, said in the release. “Markus has been a critical member of our senior management team for nearly two decades and consistently demonstrated incredible leadership and the ability to effect valuable change. I am pleased to appoint him to the position of president of MEIKO USA, Inc. and look forward to seeing the positive results as we continue to expand in this important region.”

Born in Germany, Braun has been an active member of the German Healthcare Export Group since 2000 and has served as a member of its board of directors since 2003. He has been repeatedly confirmed to the position of chairman of the organization since 2004. Braun received an engineering degree from the University of Cologne (located in Germany).

“Each market and industry presents its own unique challenges. Over the last several years, I’ve studied the evolution of the U.S. marketplace, particularly as it pertains to environmental issues and healthcare,” said Braun. “I am looking forward to seizing the opportunities that exist here and building upon the strengths of the team. I’m honored and excited to lead a new chapter of growth and expansion for MEIKO USA.”
Founded in 1927 in Germany, MEIKO supplies its commercial washing equipment to health care providers and food service companies in Europe, Canada, Asia, Australia and the U.S.

Jun 24, 2015 12:40 PM

Marketers move exec here to help run Nissan account

New VP had been at Detroit firm for seven years
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LP EVP sets exit date

Louisiana-Pacific Executive Vice President Jeff Wagner has signed the papers governing his retirement from the company, effective July 1. Wagner, who had led LP's oriented strand board business until earlier this year, will walk away with a deal to be paid his $355,000 salary and health insurance for the next 18 months and have his restricted stock vest as scheduled, among other things.

Jun 23, 2015 8:54 AM

Noranda hires bauxite, refining leader

Exec had been Rio Tinto division COO
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The triple bottom line

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