K&M Tire Inc. is moving into the northeastern U.S. with the acquisition of MotoStar Tire and Auto Products Inc.
MotoStar, which was founded in 1993 by Gene Bova, has distribution facilities in Albany, N.Y., Merrimack, N.H., and Lisbon Falls, Maine.
Adding the MotoStar operations into K&M's business gives the Delphos, Ohio-based tire distributor 26 locations in 14 states. K&M says its market reach spans customers in 27 states.
“We are very pleased to have the MotoStar employees and customers join K&M and will work hard to provide a large offering of high quality products, dependable deliveries, competitive pricing and excellent service,” says Cheryl Gossard, vice president of K&M.
MotoStar's business served customers across seven states. Bova says, “We have known K&M for a long time and respect their business model and focus. Adding K&M’s strengths to MotoStar makes us very excited about the future.”
K&M President Ken Langhals says, “As we continue to grow our company and serve our customers, we will always remain committed to our core values of making the customer the most important person in our business and stay focused on our mission of continuous improvement in all we do.”
Langhals founded K&M Tire in 1970. The company employs more than 500 people and distributes tires along with a parts and equipment. For more information, visit www.kmtire.com.