Point S Opens Two Points of Sale in Brazil
Point S has officially opened its first two points of sale in Brazil. The announcement follows news from April this year, when Point S revealed it had signed a master franchisee contract in Brazil with ATO, whose shareholder companies are automotive heavyweights, ADSTA and Orletti. After a phase of negotiation and planning, the franchisees each
Discount Tire Acquires Land in Phoenix for New HQ
Discount Tire announced its intent to develop a new corporate headquarters in Phoenix following the acquisition of 35 acres located near Loop 101 and State Route 51. Discount Tire purchased the site at a recent Arizona State Land Department public auction, the company said. Proceeds from the sale will be invested by the state in
TireHub Expands with Six New Logistics Center Openings
TireHub announced its expansion into six new markets within the fourth quarter of 2022. To better serve customers with increased national coverage, TireHub says it will open TireHub Logistics Centers (TLCs) in Shreveport, Louisiana; Beltsville, Maryland; Greenville, South Carolina; Tulsa, Oklahoma; Grand Rapids, Michigan; and Spokane, Washington. “As a customer-centric company, we are excited to
Marangoni Welcomes First Franchisee in India
Marangoni Group established its first exclusive franchisee in north India. The business, Manoj Tyres, an existing retreader at Kanpur, sourced retreading material from two Indian retreading companies before switching exclusively to Marangoni India. The companies commissioned a new greenfield facility with new equipment, including Marangoni’s RingTreader RT920. Keeping with the culture of India, where any
RNR Tire Express to Open New Houston Location
RNR Tire Express has signed a franchise agreement to bring a new location to Houston, Texas. Taos Ford and Benito Olson will be the new store’s owners and operators. It anticipates opening its doors to the public in early 2023. Aside from their shared background as business owners, both Ford and Olson have held a
Leeds West Groups To Open Big O Tires In Iowa
Leeds West Groups (LWG) says it signed a lease and will convert the automotive center at 208 Lincoln Way in Ames, Iowa, into a Big O Tires location. The company says it acquired three Big O Tires locations in August of this year. This location will take this DMA (designated market area) to four Big
Poddar: BKT is ‘Fully Geared’ For Future Growth
BKT Tires has had quite significant growth over the past decade: the company, headquartered in Mumbai, India, opened two manufacturing plants as well as its own carbon black plant, which is contributing to its own sustainability efforts among much other growth. With the manufacturing capacity and innovation to back up its growth, BKT has invested
SEMA Announces Five-Year Vision to Expand
SEMA announced a five-year vision to expand the SEMA Show into an “all-city” experience. Officially called SEMA Week, the expansion’s goal is to create the most passionate and exciting automotive event in the world. SEMA Week will kick off in 2023 with new concepts, activities and events introduced over the five-year roll-out period. SEMA said
Nokian Tyres Acquires Industrial Property in Nokia, Finland
Nokian Tyres has acquired the entire share capital of the industrial property at Pirkkalaistie in Nokia, Finland from a real estate company Nokian Portti Oy. The total floor area of the building is approximately 27,000 square meters (290,626 square feet) and is directly connected to Nokian Tyres’ headquarters and factory, according to the company. After
Chapel Hill Tire Opens New Location in Cary, NC
Chapel Hill Tire has opened a new location in Cary, North Carolina. By acquiring Bull and Tire Service on Maynard Road, the company will be able to add Cary to its list of nine locations, which currently includes four shops in Chapel Hill; two in Raleigh; and one in Carrboro, Apex, and Durham. “Bull Tire
Goodyear to Invest in Topeka Tire Plant
Goodyear’s tire manufacturing facility in Tokpeka, Kansas, could be in store for an expansion backed by significant investment. Topeka and Shawnee County’s Joint Economic Development Organization (JEDO) board approved an incentive agreement to help improve Goodyear Tire & Rubber Co.’s Topeka tire plant, according to a press release from Go Topeka economic development. Goodyear’s Topeka
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
