The consolidation of tire distributors continues. The latest move is in Canada, where Distribution Stox has acquired Distribution CPP.
OK Tire Stores Inc. plans to spend $100 million over the next five years to expand its distribution capabilities. It's the most significant expansion in the company's 66-year history.
Trelleborg Wheel Systems has acquired Pneus ICM Inc., an industrial tire distributor and service provider in Montreal.
There's another big change afoot in the North American tire distribution landscape. This time, it's in Canada. Groupe Touchette Inc. is acquiring Atlas Tire Wholesale Inc. The combined companies expect sales to reach between $550 million and $650 million.
A fourth province in Canada has permitted the use of wide-base truck tires, effective July 1, 2017.
Huayi Tire Canada Inc., the marketer and distributor for Double Coin Holdings Ltd. and its associate brands, has named Robert Vetter the east region fleet sales manager.
The owner of the two busiest Midas locations in Canada says offering an extensive tire inventory and more than a dozen tire brands has transformed his business. Consider Jeff Hall’s success a sign of what’s to come at Midas stores across North America.
Nokian Tyres plc is opening its first distribution center in Canada, and the tire maker recently increased the capacity of its Albany, N.Y. warehouse by 150%. Nokian says it is experiencing strong year-over-year growth in both Canada and the U.S.
Point S Canada held its first annual congress June 1-2, 2016, and celebrated the growth of Point S Development in North America. The company says it is ahead of schedule in introducing the brand in both Canada and the U.S.
Worldpac Inc. has opened a new regional branch warehouse in London, Ontario. The facility is the company’s 24th location in Canada.
Michelin North America Inc. is expanding the Michelin Commercial Service Network (MCSN) to Canada.
Titan Tire Reclamation Corp. (TTRC), a subsidiary of Titan International Inc. celebrated the grand opening of its first facility designed to recycle giant scrap mining tires in the oil sands of North America.
After a bidding process and a battery of tests with Vipal Rubber Corp.'s V167 tread, the Société de Transport de Montreal (STM), located in Montreal, Canada, will begin retreading its tires using Vipal products.