TBC Corporation
The TBC Corporation, headquartered in Palm Beach Gardens, Florida was a publicly traded corporation from 1983 to its purchase by the Sumitomo Corporation in 2005.[1] During the corporation's short independent existence, it acquired a number of businesses related to automobile parts and tires.[1] After its acquisition of National Tire and Battery in 2003, TBC chief executive Larry Day claimed it would be the largest independent tire dealer in the USA.[2]
Brands controlled by the corporation include:
- TBC Private Brands which produces and distributes tires for sale in the United States, Canada and Mexico.[3]
- Carroll Tire Company, a tire warehouse operation purchased in 1998.[4]
- Big O Tires, North America’s largest franchise operation for automobile tires. It had sales of $142.1million in 1995 and was purchased by TBC in 1996.[5] Part of the TBC Retail Group.
- Tire Kingdom Purchased in 2000.[6]
- Tire Kingdom International Part of the TBC Retail Group.
- Merchant’s Tire and Auto Part of the TBC Retail Group.
- National Tire and Battery, acquired in 2003 from Sears, Roebuck & Company at which time it was making about $60million annual profit.[2] Part of the TBC Retail Group.
- Treadways [7] Part of the TBC Retail Group.
References
- ^ a b TBC Corporation - Tire Kingdom, Merchant's Tire, National Tire & Battery, Big O Tires, TBC Private Brands, TBC Mexico
- ^ a b Constance L. Hays Sears Plans to Sell National Tire and Battery for $260 Million, The New York Times. 2003-09-23. Retrieved 2011-12-22
- ^ TBC Corporation - Private Brands (Multi-Mile, Cordovan, Sigma, Vanderbilt)
- ^ Carroll Tire
- ^ TBC to Buy Outstanding Shares of Big O Tires, The New York Times. 1996-05-03. Retrieved 2011-12-22
- ^ Tire Kingdom - Your Trusted Source for Tires, Wheels and Service
- ^ Treadways Corporation