This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
National Tire Wholesale is a wholesale tire distributor created from a joint venture. The company is headquartered in Palm Beach Gardens, Florida.
 | |
| Company type | Limited liability company |
|---|---|
| Founded | April 5, 2018 |
| Headquarters | Palm Beach Gardens, Florida |
| Products | Automotive tires and equipment |
| Parent | TBC Corporation (2018–present) |
| Website | www |
History
editJanuary 3, 2018, Michelin North America and Sumitomo Corporation of America announced a definitive agreement to combine their respective North American replacement tire distribution and related service operations in a 50-50 joint venture.[1][2] On April 5, 2018, the joint venture officially closed, bringing together Michelin North America's Tire Centers[3][non-primary source needed][4] and Sumitomo Corporation of Americas' (TBC Corporation) Carroll Tire, owned by TBC Corporation. The combined wholesale unit operates under NTW.
Company operations
editNTW is a wholly owned subsidiary of TBC Corporation through a multi-channel strategy owned by Michelin North America and Sumitomo Corporation of America.[citation needed]
References
edit- ^ Corporation. "Michelin and Sumitomo to create..." Michelin. Retrieved 2020-04-25.
- ^ Neal, Ann. "More Details on NTW Joint Venture From Scott Clark and Erik Olsen". www.moderntiredealer.com. Retrieved 2020-07-10.
- ^ Corporation. "About the Joint Venture". TBC Corporation. Retrieved 2019-03-13.
- ^ "Michelin/TBC wholesale joint venture deal OK'd". Tire Business. 2018-04-25. Retrieved 2020-07-10.