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Les Schwab Tire Centers

Les Schwab Tire Centers Is For Sale

Les Schwab Tire Centers Inc. is for sale. The Bend, Ore.-based company’s board of directors and its shareholders, who are all relatives of founder Les Schwab, have hired Goldman Sachs Group Inc. to find a buyer.

Toyo Will Continue to Tap 'Influencers'

"Influence the influencers" will be Toyo Tire U.S.A. Corp.'s mantra as it continues to build purchase intent among consumers, Tim Chaney, the company's vice president of marketing, told Modern Tire Dealer during last week's Specialty Equipment Market Association (SEMA) Show.

Les Schwab No Longer Holds Exclusive Rights to Toyo in Northwest U.S.

For 52 years Les Schwab Tire Centers Inc. had an exclusive, multi-state territory with Toyo Tire USA Corp. That deal, which effectively locked out other tire dealers, including online retailers, from selling Toyo-branded products in the northwest corner of the U.S., has come to an end.  

Les Schwab Has Picked Its Next CEO

After 11 years as the top executive at Les Schwab Tire Centers Inc., Dick Borgman plans to retire June 30. He will be replaced by Jack Cuniff, the company’s chief financial officer since 2008.