The founders of GCR Tires & Service believed in two core concepts - one, that the store manager was the most important person in the organization, and two, that the way to attract and retain the best store managers was to share ownership with them.
The commercial truck market remains in good shape heading into the new year. “Our 2023 forecasts belie current economic activity," says Kenny Vieth, president of ACT Research.
Despite inflation and climbing interest rates, fleets are still ordering new trucks as September Class 8 orders in the United States reached an all-time high.
Some of the country’s biggest
commercial tire dealers are
holding their breath to see how
high inflation will go and how
it will impact their businesses
in the months to come.
Many recently commented that high inventory levels have been a big challenge.
Bob Purcell, who along with his wife, Juanita Purcell, own Potosi, Mo.-based Purcell Tire & Rubber Co., threw the first pitch at the Oct. 7 St. Louis Cardinals game.
Bridgestone Americas Inc. is investing $60 million in its Bandag tread rubber manufacturing plant in Abilene, Texas. The infusion will increase the plant's output by 16% and will include a 50,000-square-foot expansion.
Retread industry legend, former executive director of the American Retreaders Association and Tire Industry Hall of Fame member Marvin Bozarth recently died at the age of 85.
Bridgestone Americas Inc. says it is the final stages of selling 25 GCR Tires & Service locations and four retread plants to a couple of "strategic buyers." The transactions will close later this month.
Green Bay, Wis.-based Pomp’s Tire Service Inc. has acquired Tredroc Tire Services Inc., which is based in Elk Grove Village, Ill. The transaction - which includes 17 locations, four retread plants and two distribution centers - closed on Sept. 2.
Retreaders endured an uneasy 2020, but they pushed forward with investments in facilities and technology as they remained focused on the future. Here's a look at the domestic retread tire market in 2021, and some of the people making things happen.