China’s Qingdao Doublestar Industrial Co. Ltd. is opening its first warehouse and distribution center in the U.S., with an assist by Del-Nat Tire Corp.
Executives from both companies were in Memphis on Nov. 5 to sign an agreement whereby Qingdao Doublestar will warehouse and distribute Doublestar brand medium radial truck tires from Del-Nat’s facility in South Memphis.
The 486,000-square-foot distribution center will handle Doublestar medium truck tires. Doublestar also makes shoes and products, which could represent future opportunities, Del-Nat president Jim Mayfield told local media.
Officials told local media that additional opportunities in private label tire production and distribution between the two organizations are possible in the future.
“The tire business is truly an international industry, with products sourced, produced and distributed by companies from around the world to locations around the world,” Mayfield said in a written statement. “We hope this warehousing and logistics partnership with Doublestar is just the beginning of a growing business relationship for products and services.”