Latest Midas Franchise News

Midas, Inc. is in discussions with potential buyers to sell the majority of its network of 77 Parts Warehouse, Inc. (PWI) quick-delivery parts distribution locations. A number of PWI locations will be closed or consolidated with other distribution locations as part of this process. The company is no
Midas Canada will establish new marketing partnerships with leading creative advertising agency DDB Canada and media planning and buying agency Carat beginning in April, according to Glenn Root, Midas' vice president for Canadian operations. "These new agency relationships will enhance Mi
Midas, Inc. (NYSE:MDS) is launching a month-long marketing campaign today using high-profile television exposure in support of its first-ever national promotion of maintenance services at more than 1,600 Midas shop in the United States. The "Midas Touch" maintenance package includes an o
Midas, Inc. (NYSE:MDS) has completed the sale of Huth, Inc., in Hartford, Wisc., to Hartford Benders, Inc., a newly formed company owned by current Huth plant manager Joseph Becker and Tom Hechimovich, owner of Hechimovich Machining, Inc., of Hartford. The company produces Huth Benders, used in
Midas, Inc. (NYSE:MDS) has completed a comprehensive re-launch of its www.midas.com website that features significantly improved graphics and navigation capabilities, as well as enhanced educational and background information on the company and its services for consumers, investors and prospective f
Midas, Inc. (NYSE:MDS) has entered into an agreement calling for AutoZone (NYSE:AZO) to be the exclusively endorsed supplier of Arvin brand exhaust products to the more than 1,600 Midas shops in the United States. The exhaust products will be supplied to AutoZone by the Light Vehicle Aftermarket div
The presentation by Midas, Inc. (NYSE:MDS) at the Morgan Keegan Specialty Retail Conference in New York on Tuesday, May 24, will be available via real-time webcast from 9:35 until 10:05 a.m. EDT. The presentation by Alan D. Feldman, Midas' president and chief executive officer, and William M.
Two of the earliest automobile drivers - Fred Flintstone and Barney Rubble - appear in a new commercial for automotive services provider Midas (NYSE:MDS) as part of its "Trust the Midas Touch" campaign. In the spot, Fred and Barney appear in a Midas shop with questions for the Midas mech
Midas, Inc. (NYSE:MDS) has signed a new five-year credit agreement with its existing bank group for an unsecured $110 million revolving credit facility. The new facility includes a $30 million accordion feature which allows the company to increase the facility to $140 million. The lending group i
The presentation by Midas, Inc. (NYSE:MDS), at the Gabelli Automotive Aftermarket Symposium on Tuesday, Nov. 1, in Las Vegas will be available real time via webcast from 4:00 to 4:30 p.m. PST (7:00 to 7:30 p.m. EST). The presentation by Alan D. Feldman, Midas' president and chief executive of
Midas, Inc. (NYSE:MDS), one of the world's largest providers of automotive services, is kicking off a year-long 50th anniversary celebration by making the daily drive a little easier for at least one lucky (or unlucky) commuter. From Jan. 9 through Feb. 6, 2006, Midas will conduct a search for t
At its quarterly meeting today, the board of directors of Midas, Inc. (NYSE:MDS) elected Alan D. Feldman, 54, president and chief executive officer since joining the company in January 2003, to the additional post of chairman. He will succeed Robert R. Schoeberl, 70, who has served as chairman si
How far are you willing to drive to work? For Dave Givens of Mariposa, Calif., the answer is 186 miles - one way - good enough to take first place in the search by Midas, Inc. (NYSE:MDS) for "America's Longest Commute." Givens out-drove thousands of other entrants to take home the grand
Midas, Inc. (NYSE:MDS) is launching a new series of television commercials that feature everyday life stories to dramatize how people can depend on Midas automotive services to help customers keep their vehicles operating safely and reliably. In the spot "Busted," which debuts today, a te
Midas, Inc. (NYSE:MDS) will present at the Sidoti & Company Emerging Growth Institutional Investor Forum in Boston on Monday, June 5, 2006. Alan Feldman, Midas' chairman and chief executive officer, and William Guzik, senior vice president and chief financial officer, will lead the presentat
Midas, Inc. (NYSE:MDS) has signed an amendment to its existing five-year $110 million unsecured revolving credit facility that reduces borrowing costs, increases the accordion feature and eliminates key restrictions affecting the company's use of cash. The amended facility increases the accor
Midas, Inc. (NYSE: MDS) will present at the Sidoti & Company Emerging Growth Conference in San Francisco on Thursday, Sept. 28 at 10:25 a.m. PDT. Alan D. Feldman, Midas chairman and chief executive officer, and William M. Guzik, senior vice president and chief financial officer, will lead the pre
Midas, Inc., (NYSE:MDS) has been designated as an approved vendor partner of Comdata Corporation to begin providing automotive repair and maintenance services to certain Comdata fleet fuel card customers. Comdata, a leading business-to-business issuer of fleet fuel and other payment card systems,
Midas, Inc. (NYSE: MDS) will present at three upcoming investor conferences, starting this week with the Gabelli & Company Automotive Aftermarket Symposium in Las Vegas. Alan D. Feldman, Midas chairman and chief executive officer, and William M. Guzik, senior vice president and chief financial of
The board of directors of Midas, Inc., (NYSE: MDS) has elected William M. Guzik, chief financial officer, as executive vice president of the company, effective immediately. He had served as senior vice president and chief financial officer since 2001. Guzik, 47, joined Midas in 1999. "Bill