Volume 5 Issue 24
Sales at oil change and lubrication shops in the United States climbed 10% to $6.3 billion in 2021, compared to $5.7 billion in 2020, according to a joint report by the Auto Care Association and the Automotive Aftermarket Suppliers Association. This could reflect a rebound from impacts of pandemic-related restrictions during 2020, which marked a slight decline from 2019.
German-based grease and lubrication systems manufacturer H-T-L Perma USA is expanding its production capacity at a new headquarters in Charlotte, North Carolina, the company announced. Perma USA has operated factory in Charlotte since 1995. The company offers electrochemical single-point lubrication systems, electromechanical single-point lubrication systems and electromechanical multipoint lubrication systems.
Albemarle Corp. opened an additional plant Monday at its lithium production site in Antofagasta, Chile, part of a strategy of helping to meet spiraling global demand from electric vehicles and high-tech devices. Already one of the largest lithium producers in the world, United States-based Albemarle said the project will double its output in Chile.