TBC Corporation

































TBC Corporation
Headquarters Palm Beach Gardens, Florida
Key people
 Erik Olsen (President, CEO, & Chairman of the Board)
Services Automotive Shops
Parent

  • Sumitomo Corporation of Americas (50%)

  • Michelin (50%)
Subsidiaries

  • TBC Brands

  • National Tire Wholesale

  • Big O Tires

  • Midas

  • NTB Tire and Service Centers

  • Tire Kingdom

  • Merchant's Tire and Auto

  • R.O. Writer
Website www.tbccorp.com

TBC Corporation (TBC) is an American corporation and marketer of automotive replacement tires.




Contents






  • 1 History


  • 2 Company operations


  • 3 References


  • 4 External links





History


In 1956, a purchasing group of tire retailers formed Cordovan Associates. The Company changed its name to Tire & Battery Corporation in 1972. Eleven years later, Tire & Battery Corporation went public (NASDAQ: TBCC). In 2005, the company was purchased by Sumitomo Corporation of America (SCOA), one of Japan's major integrated trading and investment business enterprises. In 2018, Michelin North America and Sumitomo Corporation of Americas combined their respective North American tire distribution and related service operations in a 50–50 joint venture agreement, creating National Tire Wholesale (NTW).



Company operations


TBC markets on a wholesale basis to regional tire chains and distributors serving independent tire dealers throughout the United States, Canada, and Mexico. Through distribution centers, the company also markets directly to independent tire dealers across the United States. NTW sells a wide variety of proprietary and national brands from 50 distribution centers.


TBC owns a number of industry brands, including:



  • National Tire Wholesale (NTW)


  • Midas, a franchised automotive service chain. Purchased by TBC Corporation in 2012.[1][better source needed]


  • Big O Tires, a franchise selling automobile tires. Purchased by TBC Corporation in 1996.[2]


  • Tire Kingdom, purchased by TBC Corporation in 2000.


  • Merchant's Tire and Auto, purchased by TBC Corporation in 2003.


  • National Tire and Battery, acquired by TBC Corporation in 2003 from Sears, Roebuck & Company.[3]

  • R.O. Writer, a shop management software system for automotive repair, oil change and tire shops.



References





  1. ^ "TBC Corporation Has the "Midas Touch," Finalizes Acquisition". Retrieved 2018-07-29..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output .citation q{quotes:"""""""'""'"}.mw-parser-output .citation .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .citation .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Wikisource-logo.svg/12px-Wikisource-logo.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-maint{display:none;color:#33aa33;margin-left:0.3em}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}


  2. ^ "TBC TO BUY OUTSTANDING SHARES OF BIG O TIRES". The New York Times. May 3, 1996. Retrieved 2018-07-29.


  3. ^ Hays, Constance L. "Sears Plans to Sell National Tire and Battery for $260 Million". Retrieved 2018-07-29.




External links


  • Official website



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