The Tire Industry Association (TIA) has named LeAnn Harley as its director of marketing and communications.
Snap-on Inc. has acquired substantially all of the assets of Pro-Cut International Inc. for approximately $42 million in cash.
Pro-Cut, with 2013 sales of approximately $24 million, designs, manufactures and distributes on-car brake lathes, related equipment and accessories used in brake servicing by automotive repair facilities.
“Pro-Cut’s advanced brake servicing product line enhances and increases Snap-on’s offering of productivity solutions for vehicle repair facilities, including independent shops, national service chains and OEM dealerships,” says Nick Pinchuk, Snap-on chairman and chief executive officer.
“We believe Pro-Cut will be an important addition to our Repair Systems & Information Group and will help us move further along our coherent growth runway of expanding with repair shop owners and managers. We look forward to welcoming Pro-Cut associates to the Snap-on family.”
Modern Tire Dealer’s European Writer John Stone visited the recent Tire Technology Expo in Hanover, Germany, where the latest tire production innovations were on display.
Bear’s Tires Inc. in San Diego, Calif. won the first place prize in the fourth-quarter Nexen Next Level sweepstakes. Owner Mike Power's tire purchases earned him a $30,000 award.
The leader of the United Steelworkers union says the International Trade Commission has made "a huge mistake" in not imposing tariffs on truck and bus tires from China. And based on early feedback from Modern Tire Dealer readers, tire dealers and particularly retreaders agree.
Tireco Inc. has added six sizes to its commercial van lineup, which features the new Milestar Steelpro MS597S.
No tariffs will be assessed on truck and bus tires manufactured in China and imported into the U.S. The International Trade Commission (ITC) has upended the tariff investigation by voting today against imposing tariffs on these products.
Tyrexpo Asia 2017 and the inaugural edition of GarageXpo Asia will be held in conjunction with each other March 21-23, 2017, in Singapore. The events are organized by SingEx Exhibitions Pte. Ltd.
Goodyear Tire & Rubber Co. has been named the world’s most admired tiremaker by Fortune magazine for the fifth straight year.
Allpart Supply Inc. has opened a training facility in Arlington, Texas, for wheel balancing and automotive lift owners and operators.
Colleen Horn Doyle, a fourth-generation member of the McCarthy family, is the new corporate attorney for McCarthy Tire Service Inc.
Cooper Tire & Rubber Co. is recalling certain Discover M+S Sport tires in 15- through 19-inch sizes. The potential number of units affected is 7,067.
Tire Factory Inc. members have rebranded the vast majority of their 206 stores to the Point S banner at a breakneck pace. And leaders of the Oregon-based cooperative are unveiling new programs with two big hopes: the momentum of current members continues, and more independent tire dealers join their network.
Cooper Tire & Rubber Co. posted net income of $69.3 million on net sales of $783.9 million for its fourth quarter ended Dec. 31, 2016. That compares to income of $59.2 million on sales of $775.5 million for the same period in 2015.
ATV Inc. has acquired six stores in the greater Los Angeles metro area. The purchase expands ATV's network of American Tire Depot stores to 98 outlets, all in California.
The Mid-America Tire Dealers Association (MATDA) has joined the social media content platform developed by the Tire Industry Association (TIA) and the Automotive Marketing Foundation (AMF).