Del-Nat adds 6 stockholders to reach milestone
Del-Nat Tire Corp. recently added six new members. That increases the total number of company stockholders to 80.
The number of stockholders has grown close to 65% in the last two years.
The six new stockholders are
1. Michael Garzone, vice president of Tom Lyons Tire & Auto Center in Waltham, Mass., which serves the metro west Boston area.
2. Tim Roche, president of Kan Rock Tire in Flint, Mich.
3. Christopher Shore, president of Shore Tire Co. in Lenexa, Kan.
4. Dan Mitchell, president of the St. Louis, Mo., and Belleville, Ill., areas’ Mitchell Tire Service LLC and Froesel Tire.
5. Roger Cornelius, president of Statewide Tire Co. in Vandalia, Ill.
6. Larry Howell, president of Tire Centers Inc. in Yakima, Wash.
"These additions to the co-op, coupled with last year’s growth, have resulted in very positive momentum for Del Nat.,” says Randy Gaetz, vice president of sales and marketing. “We anticipate adding several more stockholder members in the coming months.
"We are seeing that more and more dealers are looking to join Del-Nat in order to maintain their independence. Del-Nat is committed to keeping the independent tire dealer independent.”
Del-Nat Tire, which has annual sales of more than $200 million, is made up of a network of tire dealers and distributors who are stockholders in the company. The cooperative offers each stockholder protected territories under one or more of the Del-Nat brand names: Delta and National passenger, light-truck and SUV tires; Chaparral light truck lines; and Akuret commercial tires for farm, OTR, truck and trailer applications.
“Some of the other companies we buy from offer just two or three types of tires, such as passenger and light truck tires or perhaps just ag (agriculture) tires,” says Tire Centers' Howell. "Del-Nat gives me the ability to offer our customers just about anything they need.
"Our industry has gone through some pain recently with price increases and inventory shortages, and Del-Nat has helped my business weather the storm.”
For more information on Del-Nat, visit www.delnat.com.