Dealer Tire LLC reports Bain Capital Private Equity has made a significant investment in the company to accelerate growth and expansion. Financial terms of the private investment were not disclosed and proceeds will be used to purchase the interests of Lindsay Goldberg LLC, the company’s current investment partner since December 2014.
Robert Gross, executive chairman of Monro Muffler Brake Inc., will speak at the 17th annual ICR XChange Conference on Jan. 13, 2015, in Orlando, Fla.
The Hybrid Shop LLC (THS) has sold a 38% stake in its hybrid and electric vehicle conditioning business to an equity partner.
Free Service Tire Co. Inc. has installed a new, 140-inch autoclave at its OTR retread plant in Johnson City, Tenn., as part of the dealership's plan to increase its OTR retread production capacity.
Kumho Tire U.S.A. Inc. has been recognized by Trade & Industry Development magazine for its planned investment in a 150,000-square-foot facility in Macon, Ga.
Goodyear Tire & Rubber Co. is evaluating the possibility of investing as much as $250 million in its Topeka, Kan., plant to boost its OTR tire production capacity.