Home | Business News | Browse by Publication | T | Tire Business

ATD grabs a piece of Lone Star State; Acquisition of distributor provides crucial market, advances firm's expansion plans.

Publication: Tire Business
Publication Date: 19-JUL-04 		Format: Online - approximately 931 words
Delivery: Immediate Online Access
Full Article Title: ATD grabs a piece of Lone Star State; Acquisition of distributor provides crucial market, advances firm's expansion plans.(American Tire Distributors Inc.)(Big State Automotive)

Article Excerpt
Byline: Vera Fedchenko

For several years Dick Johnson, chairman and CEO of American Tire Distributors Inc. (ATD), has eyed Texas as a crucial market where the wholesaler lacked a significant presence.

After much pursuing of Texas Market Tire Inc.-better known as Big State Tire Supply-Mr. Johnson finally has hooked a Lone Star State distributor that fills the gap ATD had between its distribution centers in Texarkana, Ark., and Phoenix. ATD reached an agreement July 2 to acquire Big State and its nine distribution centers servicing more than 2,500 accounts in Texas, Oklahoma and New Mexico. Financial terms were not disclosed.

The purchase places ATD in 38 states supplying more than 42,000 points of sale and brings the management talents of Big State founders Mel Shook and Jerry Hale-who will stay on to manage operations in their tri-state area-under...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Tire Business
Tire Business Marketplace.(MarketPlace), July 19, 2004
Service Notebook.(Briefs), July 19, 2004
Late News: ACCC, Conti partnering on football promo.(Late News)(Americ..., July 19, 2004
Monro sales up 19% in first qtr.(News)(Brief Article), July 19, 2004
Energy firm to use TDF in Mo. plant.(News)(tire-derived fuel), July 19, 2004

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.