McCarthy Tire Acquires Roli Retreads
McCarthy Tire Service Co. Inc. purchased Roli Retreads Inc., a single location in Farmingdale, N.Y., from owner Richard Bucci.
Roli Retreads Inc. is family owned and operated and has served Farmingdale, and other Long Island communities for more than 35 years. This acquisition also includes a retread plant that is transitioning into a Bandag branded production facility. All operational Roli Retreads Inc. teammates will stay on with McCarthy Tire, including Bucci who will continue to lead and operate this location on U.S. Route 109.
“We’re excited about this acquisition and the impact it represents,” says John D. McCarthy Jr., president of McCarthy Tire Service.
“Not only will we be better positioned to serve the NY market, but it also increases our retread production capacity; delivering tremendous value to both our customers and the communities in which we operate.
“I’ve been in the tire business for 48 years and am proud of my team and what we’ve built together,” says Bucci.
“I’m also thrilled to be able to continue to serve my customers, but now with the support and strength of the McCarthy Tire family. I thank my team, our vendors and our customers for their dedication and look forward to serving them for many years to come.”
While McCarthy Tire Service already has a strong presence in New York state, this acquisition enables the company to take a more comprehensive commercial and retread service approach in the Long Island, N.Y. market.