The State of M&A in the Tire Industry for 2022
Merger and acquisition activity was subject to both significant catalysts and developing headwinds in 2022. The continued retail consolidation by the major and mid-tier retail consolidators remained strong coast to coast, with strategic buyers and private-equity-backed platforms driving activity, while new private equity entrants expressed interest in obtaining a retail consolidation platform or pursuing a
Third Tire Safety Leadership Summit Focuses on Technicians, Drivers
When technicians go out on a roadside service call, distracted driving and other on-the-job dangers could play a role in whether they make it to the job site or home safely at the end of the day. To update the industry on best practices to avoid injuries, McCarthy Tire Service and Snider Fleet Solutions welcomed
Commercial Tire Service Safety Basics That Save Lives (Audio)
Downtime is the enemy of fleets everywhere–a tire problem while on the road is a cog in the supply chain wheel, so to speak. Luckily, independent tire dealers and their teams act as the “superhero” when it comes to responding to service calls in a timely manner. Yet, while on the side of the road,
Commercial Tire Service Safety Basics That Save Lives [Video]
Downtime is the enemy of fleets everywhere–a tire problem while on the road is a cog in the supply chain wheel, so to speak. Luckily, independent tire dealers and their teams act as the “superhero” when it comes to responding to service calls in a timely manner. Yet, while on the side of the road,
McCarthy Tire Gains Piedmont Truck Tires, LS Truck Tire Repair
McCarthy Tire Service has expanded its presence in the southeast with the purchase of Piedmont Truck Tires, Inc. The company will continue to operate under the Piedmont Truck Tire name with the current president, Dan Rice, overseeing operations. Incorporated in 1978, Piedmont Truck Tires says it has ten service locations– eight in North Carolina, one
2022 TIA OTR Tire Conference to Offer 12 Educational Sessions
The Tire Industry Association (TIA) has scheduled 12 general educational sessions and two break-out sessions for its 2022 Off-the-Road Tire Conference, which will take place Feb. 23-26, at the Hilton Sandestin Beach Golf Resort and Spa in Miramar Beach, Florida. The educational sessions will focus on training, industry information, professional development and government affairs and
Club 3633 Members: Opportunities in the Tire Industry [Audio]
This year’s Club 3633 members delve into the challenges they and the industry have been faced with and how they’re flipping the script to turn them into opportunities to grow, learn and innovate.
McCarthy Tire Merges Two Pennsylvania Locations
McCarthy Tire Service says the merger is due to the recent economic environment.
McCarthy Tire to Merge Two Stores in Philadelphia
The new Levittown store will handle the combined services from both stores, the company says.
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.