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SEMA, DAY TWO: TIA finances 'very strong'

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The Tire Industry Association (TIA) "anticipates ending the 2005 fiscal year in a very strong position," outgoing TIA President Dick Gust told TIA members earlier today during the SEMA (Specialty Equipment Market Association) Show.

"We continue to exceed budget goals and for the first time in recent history, we are contributing to our reserve account."

Gust addressed TIA members this morning at the group's annual "Breakfast with the President" event.

Yesterday, TIA officials reported that the association will sink $200,000 into training initiatives.

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