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UVSL Universal Automotive Industries - Common Stock (MM)

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Share Name Share Symbol Market Type
Universal Automotive Industries - Common Stock (MM) NASDAQ:UVSL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Universal Automotive Appoints Two New Managers

06/05/2004 12:00pm

PR Newswire (US)


Universal Automotive Industries (NASDAQ:UVSL)
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Universal Automotive Appoints Two New Managers ALSIP, Ill., May 6 /PRNewswire-FirstCall/ -- Universal Automotive Industries, Inc. today announced the appointment of Larry Newman and Arnold Slutsky to managerial positions at the company's Autospecialty division. Larry Newman joins Autospecialty's Undercar Products Group as sales team program group manager. Larry brings more than 20 years of relevant experience to Autospecialty, most recently as director of sales at Tri-State Stores, an automotive retailer with 12 locations. His experience also includes store operations manager and vice president of sales and marketing for GMG Partners. During that time, he also spent two years developing and managing the Parts Plus Program for GMG. Arnie Slutsky has been named purchasing manager at Autospecialty's Supply Chain division, based in Alsip, Illinois. Arnie's career has been focused in automotive parts and distribution, sales, purchasing, and account development, and includes over 20 years of progressive experience. Some of the positions he has held throughout his career include owner and CEO of his own auto parts importing and distribution center, and factory agent for a variety of overseas and international firms. In his last position, Arnie not only founded the company, he managed direct sales and quality control, from the factory to the importer. He cites developing a factory / customer network which ensured distribution processes to the United States, Canada and Mexico. "We are pleased to have attracted these two respected industry veterans to our company," said Arvin Scott, president and chief executive officer of Universal Automotive Industries. "Their strong industry backgrounds and expertise will play an important role in Universal's on-going development." About Universal Automotive Industries, Inc. Universal, headquartered in the Chicago area, specializes in the distribution and manufacture of brake rotors and other brake parts under its trademarks UBP - Universal Brake Parts, Evolution and Ultimate in the United States and Canada. The company's proprietary brands also include Autospecialty, ValuMaxx and PowerStop. Universal Automotive Industries also provides TRW-branded brake rotors and drums and suspension products. DATASOURCE: Universal Automotive Industries, Inc. CONTACT: Robert W. Zimmer of Universal Automotive Industries Inc., +1-708-293-4050, extension 227, or Roger Pondel of PondelWilkinson Inc., +1-323-866-6006 Web site: http://www.universalbrake.com/ Company News On-Call: http://www.prnewswire.com/comp/133263.html

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