Tire Factory Inc. has acquired Nussbaum Distributing Inc., the Memphis-based tire distributor it partnered with at the end of 2017 to expand its reach into the eastern U.S.
The consolidation of tire distributors continues. The latest move is in Canada, where Distribution Stox has acquired Distribution CPP.
Icahn Automotive Group LLC has revealed eight priorities for a multi-year transformation plan, and managing the company’s tire inventory is near the top of the list.
Michelin North America Inc. has opened its largest distribution center in the world — in Greenville, S.C. It spans 45 football fields with the capacity to move four million tires a year.
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.
SKU proliferation, tire distribution, online sales — Rich Kramer tackled them all at the 2018 International Tire Exhibition and Conference (ITEC).
Hankook Tire Co. Ltd. has bought Reifen-Mueller KG, an independent German tire wholesaler and retailer.
TireHub LLC is a go. The joint venture for passenger and light truck tire distribution between Goodyear Tire & Rubber Co. and Bridgestone Americas Inc. will begin serving customers the first week of July.
The landscape for U.S. tire distribution continues to change, as two more companies are combining forces. U.S. AutoForce (USAF) has acquired Tire's Warehouse Inc. (TWI) as of June 1, 2018.
What spurred Michelin North America Inc. to buy 50% of TBC Corp. from Sumitomo Corporation of Americas (SCOA)? Michelin Chairman and President Scott Clark says the resulting joint venture “is about increasing our service capabilities and increasing our scale so that we can be a better supplier to both independent dealers and to provide secondary supply to our direct customers.”
Tire’s Warehouse Inc. is opening a new distribution center June 15, 2015, in Union City, Calif. This is the sixth warehouse in California for Tire’s Warehouse, which also conducts business in Fountain Valley, Redlands, Santa Fe Springs, Sylmar, and the headquarters in Corona.
Singapore-based Stamford Tyres Corp. intends to reintroduce its Sumo Akina line in North America in a big way. The company is already promoting the new Akina ST-07 passenger car tire.
Chad Isaacs has purchased Countrywide Tire and Rubber Inc., an international wholesale distributor of tires, inner tubes and wheels.