Network Tire and Traction Tire unite
Independent distributor Network Tire LLC will begin operating under the Traction Tire name on May 1, 2015. That’s the day Traction Tire LLC’s purchase of Lansdale, Pa.-based Network Tire is finalized.
Network Tire serves the markets of Pennsylvania, New Jersey, Delaware and New York from its Lansdale warehouse. With the addition of the Lansdale warehouse, Traction Tire will operate seven facilities. Traction Tire’s other six warehouses are in:
* Bensalem, Pa.;
* Wilmington, Del.;
* Ewing Township, N.J.;
* Willingboro, N.J.;
* Egg Harbor Township, N.J.; and
* North Brunswick, N.J.
Network Tire was founded in 1984 and is based in Lansdale. Traction Tire is based in Bensalem and was established in 1985.
Traction Tire’s executive team consists of Andy Chalofsky, president; Allen Mott, vice president of operations; and Joe Cote, vice president of sales. Chalofsky also is a co-owner of Network Tire. He became president of Traction Tire when he purchased that company in August 2014.
Chalofsky says the convergence of the two companies into one entity will enhance Traction Tire’s identity as a premier tire distributor. He expects Traction Tire’s sales will exceed $90 million in 2015. He says the acquisition enables Traction Tire to provide competitive pricing and larger coverage. In addition, Traction Tire will be able to service a wider area range with greater efficiency, a better fleet and expedited delivery time.
“The importance both companies hold in their customers is the leading force behind the joining of Network Tire into Traction Tire,” Chalofsky says.
“Management’s main goal in this venture is to communicate with our customers throughout this process. All key members of both companies have joined together in the Traction Tire family during this business venture. Traction Tire is excited for the additional opportunities this business venture has to offer and continues to thank the customers for their continued and valued patronage.”
Traction Tire supplies mostly passenger tires and also offers tires for small commercial trucks and small farm and garden trucks. The company has approximately 150 employees.
For more information, visit www.tractiontire.com or call (215) 642-3170.