ITDG reports a record year in 2014
The Independent Tire Dealers Group LLC completed its 20th anniversary year with record numbers for new members, volume bonuses and dividend payments.
Ten new shareholders also joined ITDG in 2014, bringing the total to 97.
“The Independent Tire Dealers Group now has membership in 41 states that represent 140 plus members with 550 plus locations,” says Michael Cox, CEO and president.
Members and shareholders received $7 million in volume bonuses and dividends. ITDG has distributed more than $47 million to its members and shareholders in the past ten years.
Since Jan. 1, 2015, four new members with a combined 20 locations have joined ITDG.
"We are positioned once again to have another record year both in top and bottom line growth along with additional new members and shareholders,” says Cox. "We would like to thank all the manufacturers, vendors and distributors that have supported our organization throughout these remarkable growth years. We are excited about the continued growth int he years ahead."
ITDG is one of the largest "Affinity Groups" in the country, originating in Southern California in 1994.