Turbo Wholesale Tires Gains Investor, 2 Industry Veterans
Kingswood Capital Management announced that it has completed an investment in Turbo Wholesale Tires. Kingswood says it is partnering with Sarkis Sepetjian and the Sepetjian family, who are retaining significant ownership in the company and joining Kingswood on the board of directors. Veteran tire executives, Phillip Kane and Larry Jeffries have been appointed leadership roles
Southern Tire Mart’s Acquisition Train Keeps on Chuggin’
Southern Tire Mart LLC isn’t letting supply chain woes slow down its expansion plans. In fact, with the recently-announced acquisition of 12 Redburn Tire stores and 26 of Bridgestone’s GCR Tires & Service stores, the commercial tire dealing giant’s national footprint now stands at 172 stores strong, not counting the 51 Southern Tire Mart at
Pomp’s Tire Service Announces Acquisition of Whalen Tires
Pomp’s Tire Service announced the acquisition of Whalen Tires as of June 6, 2022, , in a release posted on Pomp’s Tire Service’s LinkedIn page. The company says combining its services with Whalen’s Tires creates opportunities to expand its customer base and offer better value to current customers in the western United States. The company
Kal Tire on Cutting Edge of OTR Tire Recycling
One of the biggest challenges in the OTR industry is dealing with scrap tires. Scott Farnham, director of recycling services for Kal Tire, knows this well: He’s seen mining sites with tires stacked four high as far as your eyes can see. And these tires, most often left to rot in the sun, weigh 2,000
First Tires from Continental Plant Go to Southern Tire Mart
Southern Tire Mart says Continental ensured the business received the first shipment of tires from the new plant, in order to honor the partnership between the two companies.
Club 3633: Austin Hale
Austin Hale was just three months in working as a commercial sales representative when he realized the value of a professional consultant in OTR tire management.
Bridgestone Americas Makes Leadership Changes
Bridgestone says these executive appointments have been made to strengthen the company’s core tire business and accelerate its journey to become a global leader in mobility solutions.
McCarthy Tire Consolidates Retail Stores in Pennsylvania
The entire retail team from McCarthy Tire Service’s Lancaster store will join forces with the service team at the Mount Joy location.
What Investment Activity Can Foretell About the Future of the Tire Industry
Following the money can serve as a valuable barometer to help predict where the industry is headed with increased interest in the tire segment from private equity, institutional investors and strategic acquirers.
Continental to Debut New Ag Tires, Trackman Track at Farm Progress Show
Continental AG will debut its new line of ag tires and Trackman rubber track at The Farm Progress Show from Aug. 28-30 in Boone, Iowa.
