Document 3eMLykq8Z0xOKx5amBeoNGY8n

'"'~ FI'.ICTIOI:: UATERIALS ST./IJJD.A?J)S USl'ITU~E, Ii.'~C., :.210 P.0UTE 4, PP.J>R1US, i.~.J. 07652 'i. HElTJTES 0F ANNUAL HEETH!G of the F:!:UCTI0i:! lT~'f'ELif.LS STAADAP..DS INSTITUTE, U1C. Pednesday and Thursday, June 26, and 27, 1974, 8:30 A. M. at Hilton Head Inn, Hilton Head Island, South Carolina REPRESENTATIVES P.~ex Corporation R. Cutler ~uto Friction Corporation Stuart Comins Dendix Corporation Friction Eaterials Division F. E. Hessier Brassbestos Eanufacturing Corp. H. Simon Carlisle Corporation ':olded llaterials Division E. R. Zacharias Gatl:e Corporation F. T. Gatl~e General l'iotors Corporation Delco-i:loraine Division R. E. l~ettering (Proxy for !lr. Kick) Harerr.ont Corporation Grizzly Brake Division J. w. Greenen ~. K. Porter Co. Ther~oid ~ivision E. L. Herner i'..aybestos-llanhattan, Inc. D. E. Gm11 :"toyal Industries Brake Products D. Ogilvie S. K. Hellman Corp. J. E. Clegg '-fneeling Jrake Block Hfg. Co. L. Burgess ~rorld Bestos Company, Division of the Firestone Tire & Rubber Company L. E. Hay JTHERS P!lESE~IT' nendix Corporation !:.utonotive Afternarket Operations J. H. Kelly deavy Vehicle Systems Group Gatke Corporation .H.., . h,.,o '" J. Cooney Elliott Kaiser H. Boyle General l'!otors Corporation Delco-lioraine Division J. Hovorka llareF.ont Corporation Grizzly bral:e Division D. Carlson H. Knight A. Laus ~. K. Porter Co. Thermoid Division ,--,aybestos-lianhattan, Inc. Royal Industries Brake Products c.J. Blacl~ r.. H. ,R... Hoalli Sleeth c. :jetV"ell S. 1(. Hellman Corporation G. A. Carrigan \!heeling Ilral~e Block Hfg. Co. G. Stratton l,Jorld 3estos Company, Division of the Firestone Tire & Rubber Company Friction Eaterials Standards Inst. .R. J. Alleman F,T;' -"' Drislane Sticl~les, Kennedy & Van Steenburgh E. lT J:\.o Kennedy FMSI 06314 ., Hinutes of Annual Heeting -2- June 26 & 27, 1974 imT PRESENT Chrysler Corporation - Chemical Division Forcee 1~nufacturing Corporation Lasco Brake Products Corp., Ltd. Reddat.:ray Hanufacturing Co., Inc. Thiokol Chemical Corporation :rr. Gatke, President, called the ~Ieeting to order at 8:30 A.~!. !1L1UTES OF PRI:VIOUS liEETING The J:linutes of the Heeting held June 27 and 28, 1973 had been distributed. i.~o reading "t-7as requested nor lJere any corrections made thereto. Upon motion duly made, seconded and unanimously passed, it was [~SOLVED: That the minutes of the Neeting held June 27 and 22, 1973 be accepted as distributed. PRESIDEliT' S REPORT Hr. F. T. Gatke, President, opened the meeting ..rith a report on the Institute's progress during the past fiscal year. See EXHIBIT 1. Er. Gatke revieHed the activities of the Institute during the past year including such items as the honoring of Ll Daly, membership changes, committee activity, the timeliness of the Technical Catalogs, publication of the Clutch Facings Catalog and the booklet concerning the Institute, and start-up of the Institute Pension Plan. Upon completion of the President's report, upon motion duly Qade, seconded and unanimously passed, it uas RESOLV~: That the President's Report be accepted as read. TREASUPR'S REPORT lir. A. A. Laus, Treasurer, read the Treasurer's Report vhich included the following Exhibits: EZI)TSI'l' 3.1 - Dalance Sheet projected to June 30, 1974. E~~IBIT 3.2 - Income Statement for the 1973-74 fiscal year. EX:T!3IT 3. 3 - I';.etirenent Fund - H. G. Duschek. EXHIBIT 3. 4 - 'I'Ivelve Year Financial Highlights. l~r. Laus pointed out that the Treasurer's Report '"as made up during the first ''eek of June 1974 and that final June 30, 1974 ficures had to be estimated ~ased on the anticipated June expenses and year-end accruals. hnong the highlights, hr. Laus pointed out that an excess of incorJe over expenses of about $10,000 was projected for 1973-74, 'vith over $8,000 of this due to the Interest Income ,.;hich is not used in developing the budget. Over FMSI 06315 '""~ ,:linutes of Annual l:eeting -9- June 26 & 27. 1974 Relative to that section of the report on disc brake shoe nu111ber assignments, the Chairman advisc~cl thzt the Board of Directors had returned the problem of disc brake shoe drilling pattern identification to the Conmittee. T~e Committee had recommended use of the lininc-shoe assembly number (for example 779-D-36, or 779~"..-D-36) to indicate drilling patterns for the shoe. The Directors felt there should be some suffix or number identification to indicate the elise bral~e shoe drilling (possibly D-36, D-36A, etc.). The Com!"ittee uill re-study this problem. Hm,Tever, uhere the shoe drilling variation is strictly by the replacement narket--not for O.E. purposes--such chanpes ~.;rill not be considered for number or suffix assignment. A question that arose at the Director's ~ieeting concerned heavy duty shoes. It had been indicated that block numbers (such as 4515) li7ere being used to identify heavy air brake shoes. It uas suggested that Aimco be invited to send someone to the next meeting of the ~ata Book and Technical Committee for their imput on both heavy shoes and on disc brake shoe numbering. :~r. "loalli pointed out the stability of Catalog prices over these past years as evidenced by a revimr of the tHelve year financial summary EZHIBIT 3.4. upon motion duly made, seconded and unanilllously passed. it was ~SCLVE~: That the report of the Data Book and Technical CoBmittee be accepted as read. AS3ESTOS STUDY CO!tHTTEE REP()RT A timely report <7as not received for the t~bestos Study Committee. (In early July a report Has received 'rhich is shm.rn as EX:~IBIT 14.) The Secretary discussed several items \7ith the Committee Chairman prior to the meeting and it ~Tas recommended that these items be brought to the attention'of the Board. The EPA recently published a report on uaste uater effluents as conducted by Sverdrup and Parcel. l1ost of the ::rembers and Non-members in the friction materials business >vere included in this report. The Secretary had requested copies from EPA and intends to distribute copies to the ~1embership after receipt from t'he EPA. l\.S regards the EPf.. EI".issions Standard, the EPf. is considering a change from its worl: practices oriented "no visible etr.issions" standard tm;rards numerical standards. This is currently difficult llith the lack of reliable equipment for measuring airborne asbestos concentrations. The Secretary pointed out that in any QSlk\ revisions of the standard for asbestos in the Hark-place, the pressure is tmmrds stricter standards. Dr. Selikoff, for exanple, has stated that the only safe concentration is zero fiber per cc. The present 5 fibers per cc and the future 2 fibers ?er cc are realistic for friction material manufacturers and the industry should plan on these limits being no less strict in the future. Still further, in any re-uriting of the standards there is apparently a movement t011ards Hark practices and possibly m~ay from the numerical standards. FMSI 06316 ~.i:inutes of .t':.nnual ::.1eeting -10- June 26 & 27, 1974 Upon motion duly made, seco11dec! and unanimously passed, it lvas PESOLVBD: ~at the Secretary's co~nents be accepted as the J~bestos Study Committee report in lieu of a formal report. (JTH:CR AU'nHOTIVi:: ASS0CIATIONS At the Board of Directors Heeting on June 25, 1974, the Institute's relationships vrith various other automotive organizations were discussed. r.esolutions "ere passed by the Board lJhich specifically rejected proposed relationships with these organizations. The ~Iotor & r.quipment :~anufacturers Association (lmMll.) had suggested that economies of operation might exist if the Fl~SI came under their umbrella and administered their Jrake Parts I:anufacturers Council. The Ignition ::anufacturers Institute had made prelindnary inquiries as to whether ~:r. Lrislane might administer their Insitute. The Asbestos Information l:.ssociation, H/A had requested that the F~'$! be considered an "affiliated association". Prdle the Directors indicated a high regard for all these associations, formal association viaS turned dmV'n. BOAP~ OF DIRECTO~S REPORT At the Board of Directos I:ieeting on June 27, 1973, the follmo~ing resolutions were passed: 1. That the budget of $74,230 for the fiscal year starting July 1, 1973 be accepted. 2. 1o accept the recommendation of the out~oing Board that the annual rate for the Active 1:embers for the fiscal year starting July 1, 1973 be a basic rate df $1,050 and $650 for each category in 'vhich engaged: for the individual Regional l1ember $1,300; for trade groups holding Regional 11embership $2.200 and Licensees $500, 3. That the necessary committee be authorized to review the Constitution and By-La-vrs as regards the rights of the different membership classes, the fee structure, copyright authorization, and si~ilar problems. 4. That Hr. Allan E. Daly be honored for his contributions to the Institute by the a'Jard of an appropriate plaque. To aunrove all actions of the CoiiUllittees, of the Staff and of the Officers for the fiscal year ending June 30, 1973. Juring the year, the }~oard of Directors accepted the resignation of Standco as an Active liember. The Directors terminated the r~embership of Calfer !.frican Co. (Re[!:ional l:Iember), Cadillac Steel Products Co. and Grinnell 3tamping Co. (Licensees). FMSI 06317 , l1inutes of P..nnual Heeting -11- June 26 & 27, 1974 ~e Board of Directors reco~mended for ~egional ~~rnbership, Francisco Stedile, S.A and Jurid \1erke, Gn:bli. They voted Hisconsin Gasket into Licensee I tembership. At the Board l1eetine; on June 25, 1974, The Board approved the reports of the Officers and Comnittee Chairman--the same reports read to the Annual rfumbership Committee. In addition they recommended that Industrias Tecnicas Automotrices de Puebla, S.A. pe admittEd to Regional Eembership. The Board voted to continue the historical sales program for 1974-75. There were no capital expenditures approved for 1974-75. A contribution of $2,400 lJas voted to be transferred to the savinss account for Hiss Duschek 1s retirement fund. !Ir. Dris lane! s salary ,;as increased. The Board took no action as regards affiliation or association \lith other automotive trade associations. The minutes of the Board of Directors l:eetings are available to the Delegates and Alternates on request. At the conclusions of this report. A suggestion '"as made that the report on the Board of Directors activities be made prior to the Committee :leports to the ~1embers. In some cases Committee Reports had been delivered on whic:h suggestions, changes or other action had been taken by the Board. These actions \vere not lmovm until after the formal presentation of the individual committee report. This suggestion Has considered constructive, and in future years it Hill be planned to make a report on the Board of :1irectors activities to the ~fenbership prior to the Corni!littee ~eports. THE :YJmNATING COi~HTTEE I'.EPORT hr. Sinon, Cl1airman, reported that there \lere four Board of Directors terms which ':vere expirin<s t~lis year: J. 'H. Greenen, i'!aremont Corporation F. T. Gatke, Gatke Corporation F. E. ~!essier Bendix Corporation E. R. Zacharias, Carlisle Corporation After due coi'.sideration and in accordance with the requirements of the Institute's Constitution, the Chairman presented the follm1ing candidates for election to the Board of Directors. . ...J. II. Greenen 9 Earemont Corporation 1:;' ~ E. !iessier, 3endix Corporation E. n Zacharias, Carlisle Corporation J. E. Clegp-, s. v'-. 1-Jellman Corporation Other nominations Here called for but none. 'Jere made. Upon motion duly made, seconded and unanimously passed, it '-1as ~-ESOLV.i2D: That nominations be closed. 7he Secretary was directed to cast one vote for the election of the four nominees to the Board of Directors. The Secretary advised that the ballots FMSI 06318 :linutes of Annual 'Heeting -12- June 26 & 27, 1974 had been cast. Hr. Simon advised that ~rith the election of these candidates, and the three Directors "7hose terms have not expired, the Board nm.;r consists of the required seven i:embers. In a response to a question, the Chairman indicated that the Board nou consisted of these four Directors, plus the follouing three Jhose terms are due to expire on June 30, 1975: D. E. Gm1, J.aybestos-!!a..1hattan, Inc. R. L. Cutler, Abex Corporation H. Simon Brassbes tos l1anufacturing Corporation ***i=* There being no other business brought to the attention of the Hembership, on motion duly made, seconded and unanimously passed, it was RESJLVED: To adjourn. The Heeting was adjourned at 11;0!) /'. li. E. '.J. Drislane Secretary FMSI 06319