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Halfords Buys Nationwide, Plans 200 More Centers
February 22, 2010
Halfords Group has bought Nationwide Autocentres in a £73.2 million deal, which managers described as the next logical step in its expansion plans.
Nationwide, which has been owned by private equity group Phoenix since 2006, employs 900 mechanics and serves roughly 500,000 customers a year. Nationwide offers customers and fleets MOTs, servicing and repairs, but also recently increased the...
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Michelin Takes Stake in French Distributor
February 22, 2010
Groupe Michelin and the Group Taquipneu have signed an agreement that sees the global tire manufacturer take “a minority stake” in French commercial vehicle and industrial tire distribution specialists Taquipneu SA.
Details of the size of the stake and the value of the deal have not been released.
The strategy is for the two companies to work together in a mutually beneficial ...
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Dexel Joins Continental Truck Tire Network
February 22, 2010
Dexel Tyres has been appointed as a partner in Continental Tyres’ national dealer network, ContiNetwork.
Director Glyn Cainey says that he is delighted to be representing Continental Tyres in the area: “Continental is a highly regarded brand with excellent products at competitive prices which are becoming increasingly in demand from discerning operators keen to cut their annual tire...
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Tenneco Touts Mufflers in New Promotion
February 22, 2010
Dealer service techs installing Walker and DynoMax emissions control products during April and May can earn prepaid debit cards valued at up to $60, this part of the Walker “Muffler for Life” promotion from Tenneco Inc.
Available to members of Tenneco’s Expert Plus loyalty program, the “Muffler for Life” promotion will enable installers to earn $15, $30, $45 or...
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ArvinMeritor Adds Capacity to Mexico Distribution Center
February 18, 2010
ArvinMeritor Inc. officially opened its new aftermarket parts distribution center in Cienega de Flores, a suburb of Monterrey, Mexico. The new DC is part of the world-class manufacturing facility that houses the company’s commercial vehicle business operations in Mexico.
The company’s presence in Monterrey dates back more than 35 years, to its successful Sisamex (formerly Dirona...
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Heavy Snowfall Causes TCI Warehouse Roof Collapse
February 18, 2010
Michelin North America sent its Michelin Disaster Response Unit trailer to a Tire Centers L.L.C. (TCI) warehouse in Dallas last week after heavy snow caused part of the roof to collapse.
TCI, a wholly-owned subsidiary of MNA, said the 16,000-square foot Dallas warehouse is roughly 30 years old. A section of the roof caved in Feb. 12 after record snowfall in the Dallas area. In addition to the roof...
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Exide, Truck Pride Form Battery Supply Agreement
February 10, 2010
Exide Technologies and Truck Pride Partners have formed a supply agreement that designates Exide as the preferred vendor for the Truck Pride Partners battery line.
Exide will supply a full aftermarket line, including automotive, heavy duty, marine, golf cart, electric vehicle, lawn and garden and power sport products. The two-year agreement includes Exide branded and Truck Pride private label batteries...
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ATD Plans Public Stock Offering
February 08, 2010
American Tire Distributors Holdings Inc. is planning an initial public offering of its common stock, the company announced Friday.
The Charlotte, N.C.-based company plans to trade on the New York Stock Exchange under the symbol ATD.
The number of shares to be offered and the price range for the shares have not yet been determined.
ATD expects to raise about $230 million, according to a filing...
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Worth Watching: Maritime Shipping Woes Set to Slam Tire Industry
February 04, 2010
At the end of January, certain shipping companies indicated that they are considering what is known as "super slow-steaming" on the Asia-Europe route.
This news, which potentially extends the already long time it takes for Far Eastern tires to go from “on the water” to “in the warehouse,” serves to highlight the complicated business of getting tires produced...
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Mighty Distributing Sold to Mexican Parts Maker
February 01, 2010
Mighty Distributing System of America Inc. has been acquired by Grupo Gonher S.A. de C.V., a Monterrey, Mexico-based auto parts maker and distributor.
Terms of the deal were not released.
Grupo Gonher distributes parts across Mexico and exports to OEM customers in 18 countries.
Ken Voelker will remain in place as president and CEO of Mighty Distributing System, as will most of its executives...
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STTC Buying TCI Locations from Michelin
January 26, 2010
Michelin North America has agreed to sell the assets of 19 of its Tire Centers LLC locations in the northeastern U.S. to Service Tire Truck Centers.
The deal, set to close on Jan. 29, includes TCI locations in Massachusetts, Maryland, Virginia, New York, New Jersey and New Hampshire. STTC is based in Bethlehem, Pa.
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Eurotire Expands Global Organization
January 25, 2010
Eurotire Inc. has added three new personnel members to its global organization, reporting to senior management at its New York headquarters.
Kent Henschen has joined Eurotire as vice president of marketing and corporate communications. Henschen’s responsibilities with Eurotire include corporate vision and market and product strategies; global corporate brand; supporting senior management...
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Atturo Picks Terry's Tire Town
January 15, 2010
Alliance, Ohio’s Terry’s Tire Town has been named the exclusive regional distributor for Atturo high performance tires.
Terry’s Tire Town will handle the Taiwan-produced brand for Delaware, Michigan, Indiana, Maryland, Ohio, Pennsylvania, West Virginia and Virginia.
Atturo officials said they are seeking new distributors for the North East and South East states, as well...
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FPS Distribution Warehouse in Glasgow Fully Stocked
January 14, 2010
Parts distribution company FPS has opened a new warehouse branch at the Blochairn Industrial Estate in Glasgow to serve Scotland. The new FPS facility officially opened its doors on Sept. 28, although the full stocking process took another month to complete.
This included the addition of Klarius type-approved exhaust and CAT systems, including over 2,500 exhaust references and 600 CAT references...
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Automotive Distribution Network Aligns With Auto Pride
January 07, 2010
The Automotive Distribution Network has aligned with the Auto Pride Network, effectively making Auto Pride a separate marketing entity of ADN.
“Auto Pride will maintain its own board of directors and control over the marketing direction of the group,” said ADN president Mike Lambert. “ADN will perform the group functions of product research and accounting, in addition to providing...
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East Coast Wholesaler Albert Tire Relocates
December 21, 2009
Albert Tire Co., a wholesaler for the east coast market, has moved to a new facility in West Deptford, N.J.
The distributor, which employs 65, now occupies a 163,560-square-foot facility off Crown Point Road in Gloucester County.
The company, formerly located in Pennsauken, N.J., was founded more than 90 years ago. Albert Tire expects to ship 3,000 tires daily from the new site, according to...
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Bauer Built Builds New Iowa Center
December 16, 2009
Durand, Wisc.-based Bauer Built Inc. has expanded and relocated one of its oldest tire centers.
The tire distributor, retailer and retreader moved into a new facility in Mason City, Iowa, earlier this week. The new full service tire facility will allow Bauer Built to better serve commercial customers, including the addition of truck and bus alignment capabilities.
Bauer Built originally entered...
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Ouch! RMA Reports Tire Shipments Way, Way Down
December 14, 2009
Tire shipments through the first half of 2009 posted perhaps their worse performance in history, according to new data from the RMA.
OE passenger tire shipments through the first six months feel an incredible 54.3% vs. the same period last year. By comparison, OE shipments for the first half of 2008 were down 10.8% year-over-year.
The replacement side wasn’t much better, off 11.9% vs...
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Hercules Opens Expanded Chicago TDW Faclity
December 08, 2009
Hercules Tire & Rubber Co. has moved its Chicago Tire Dealer’s Warehouse branch to a new, larger facility in nearby Franklin Park, Ill.
The new Chicago TDW facility has 50% more capacity, a state-of-the-art inventory management system and expanded loading docks, and will now provide "will call" service to customers, Hercules said.
“Our TDW division continues to grow...
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Watts and Trelleborg Tie-up in France
December 07, 2009
Trelleborg Industrial Tires Europe has appointed Watts Tyre Group as the sole distributor of its industrial tires range in France.
Under the terms of the new agreement, Trelleborg Industrial Tires Europe will transfer its France-based industrial tire operations to Watts Tyre Group. The cooperation, announced today, is designed to leverage the brand awareness and quality of Trelleborg’s product...
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