The Independent Tire Dealers Group LLC (ITDG) celebrated its continued growth during its annual meeting this year in Los Cabos, Mexico. CEO and President Michael Cox told attendees that the group had purchases exceeding $210 million in 2016 and was on track to top that total in 2017.
He also spelled out the following goals:
- $300 million in annual purchases in 2019.
- More than 700 locations nationally by the end of 2019.
Cox said the group was well on its way toward reaching these performance levels. “This type of growth could not be possible without the tremendous collection of professional independent tire dealers that make up the Group... and our many vendors/suppliers that support the Independent Tire Dealers Group. I had the fortune of working with many impressive executives during my years with Bridgestone/Firestone. One of these individuals taught me about the Japanese term ‘kaizen.’ This is the Japanese word for ‘continual improvement.’ Year after year we have set new milestones for the group. As I look to the future, that’s all I see: kaizen.”
ITDG has 104 shareholders, with members representing 620 stores in 46 states.