Service Tire Truck Centers to acquire Volk Tire
Service Tire Truck Centers (STTC) of Bethlehem, Pa., has entered into an agreement to buy Trenton, N.J.-based Volk Tire Inc.'s commercial operations, including its Bandag retreading equipment.
STTC will consolidate Volk's commercial activities into its existing locations and will integrate the 60-year-old dealership's Bandag machinery into its three retread plants.
"We see this as an opportunity to increases Bandag and STTC's market share," says STTC Owner Walt Dealtry.
Volk has been a Bandag retreader for more than 40 years. Its owner, Bill Godley, will retire after four decades of service.
STTC is the fourth largest independent commercial tire dealership in the United States, according to Modern Tire Dealer data.