Toyo Tire Corp. resolved to sell a portion of its stock holdings in Bridgestone Corp., with whom Toyo Tire maintains business and capital alliances.
Myers intends to use the net proceeds from the offering to fund future growth, including selective acquisitions, and to repay a portion of its debt.
Good news for those with stock in Goodyear Tire & Rubber Company.
To stock, or not to stock? In the case of independent tire dealers, that often is the question. With a host of factors to consider – finances, storage space, SKU proliferation, instantaneous customer service and more – inventory strategy is not something to be taken lightly. When it comes to finding the right balance between