Wholesale tire distributors Max Finkelstein, Inc., headquartered in Astoria, New York, and Treadmaxx Tire Distributors, Inc., based in Atlanta, have announced the formation of a wholesale buying group, Tire Distributors of the Americas, LLC.
Tire Distributors of the Americas is an independent, member-managed limited liability company, co-owned by founders Max Finkelstein and Treadmaxx. The group was set up to leverage the purchasing power of companies to create advantageous partnerships with vendors and suppliers in all aspects of business where symmetries exist among distributors. Target areas of cost savings range from equipment and supplies, to technology and insurance, with a primary focus on strategic tire manufacturers and proprietary offerings.
“This new venture allows our two companies and the members of the group to leverage our knowledge and best practices, eliminate redundancy in the supply chain and create greater purchasing power,” said Ira Silver, president and CEO of Max Finkelstein, Inc. in a joint release from the companies.
The officers of the new company will be Silver, who will serve as co-president with Mark Kauffman, president and CEO of Treadmaxx Tire Distributors, Inc. Sean Franciscus, director of supply chain for Max Finkelstein, will serve as the new company’s secretary, and Brian Rose, vice president of purchasing and pricing, will serve as the company’s treasurer. The two companies, will continue to operate their individual businesses independently, conducting business with their respective vendors.
“We are excited to be one of the founding members of this strategic buying group,” Kauffman said in the joint press release. “As the tire industry continues to evolve; this will help strengthen the positions of all the members by leveraging best practices which, in turn, will create a better value proposition for the independent tire dealer.”
Combined, Max Finkelstein, Inc. and Treadmaxx Tire Distributors, Inc. currently operate 29 regional tire distribution centers in 16 states, which cover the entire Eastern seaboard, and South-Central regions of the United States. Tire Distributors of the Americas’ administrative offices are located in Chattanooga, Tennessee.
Tire Distributors of the Americas, LLC is structured as a strategic membership group, with opportunities for additional members.
For more information, check out the Tire Distributors of the Americas LLC website at www.TDOTA.com.
