Point S Development has signed a franchise agreement in the Philippines as part of its ongoing push to spread its banner throughout Asia.
In addition to working on the eastern expansion of the Point S brand in the U.S., Tire Factory Inc. has continued to build up the foundation of its cooperative in western states, adding 20 locations in 11 states in 2017.
Point S Development is continuing its global expansion with the opening of an office in Singapore to coordinate the growth of Point S Asia.
Point S tire dealers in North America are stocking the company's first Point S-branded tire, the Winterstar ST.
Point S France and Siligom, two networks of independent tire dealers in France are joining forces and creating a new group which represents 650 retail outlets, 500 independent entrepreneurs, 4,000 employees and a consolidated turnover of 580 million euros.
Point S Canada held its first annual congress June 1-2, 2016, and celebrated the growth of Point S Development in North America. The company says it is ahead of schedule in introducing the brand in both Canada and the U.S.
At the closing gala of the Congress of Point S France, before more than 500 merchants and suppliers, Point S Canada was awarded an honorary prize for the most impressive banner launching campaign, as well as the most impressive network transformation.