logo_sm.gif (4042 bytes)
Your Source for Up-To-Date News and Research on the Collision Repair Industry 

 
Subscribe to INSIGHT Editor's Desk News Alerts
click here to subscribe to the FREE INSIGHT Editor's Desk News Alert Email


lftspace.GIF (57 bytes)
SUBSCRIBERS-ONLY
Today's News
INSIGHT This Month
INSIGHT Archives
Survey Center
Letter to the Editor
Business Tools
Subscription Information
CSI Reporting
Financial Analysis
IRS Audit Guide
Management/
Technical Info

Market Watch Rates
INSIGHT Inside this month's issue...
Feedback
Letter to the Editor
cntspace.GIF (53 bytes)
Monday March 2

Mitchell International Achieves Record Revenues in 2008

Mitchell International Inc., a provider of information, workflow, and performance management solutions to the property and casualty claims and collision repair industries, has announced record business performance results for 2008.

Mitchell grew revenue by over 15 percent on a year-over-year basis, and is on pace to achieve similar growth in 2009—with sales expected to exceed a quarter of a billion dollars.

Moreover, Mitchell made substantial gains in new customer additions, adding over 2,500 new collision repair shops to its network in 2008.

“We are proud of our strong performance in 2008, especially given the challenges presented by the economy,” said Alex Sun, President and CEO, Mitchell International. “The fact that Mitchell achieved balanced growth across its key business lines was especially encouraging.”

Mitchell’s physical damage business benefitted from a number of product lines. WorkCenter(TM) Total Loss, WorkCenter Dispatch, and ABS(TM) Enterprise each more than doubled revenue year over year, and AutocheX grew by 20 percent.

Sun added, “As our business results demonstrate, Mitchell was, and is, firing on all cylinders, with even more powerful momentum and results expected in 2009. Thanks to the tireless efforts of our over 1,300 dedicated colleagues and the continued support of our customer base, Mitchell is stronger than it has ever been.”

©2009 Collision Repair Industry INSIGHT
All Rights Reserved

FEATURED
LINKS:

Sherwin-Williams Automotive Finishes

DuPont Automotive Refinish

Spies-Hecker Automotive Refinish

PreFab Ads

Akzo Nobel

National Auto Body Council
INSIGHT Supports the NABC!
Do You?