TBC Corporation

Headquartered in Palm Beach Gardens, Florida, TBC Corporation (TBC) is one of North America’s largest marketers of automotive replacement tires through a multi-channel strategy. The current President and Chief Executive Officer is Erik Olsen. Olsen also serves as Chairman of the Board.

Company Operations

TBC Corporation is one of the nation's largest vertically integrated marketers of tires for the automotive replacement market with more than 10,500 employees throughout the United States, Canada and Mexico. The Company's retail operations include franchised and Company-operated tire and automotive service centers under the brands: Tire Kingdom Service Centers®, Merchant's Tire & Auto Centers®, NTB Tire and Service Centers®, Big O Tires®, Midas®, and SpeeDee Oil Change and Auto Service®.

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

The TBC Brands division represents 15 proprietary brands of tires throughout North America, including Multi-Mile, Sigma, Cordovan, Vanderbilt, Jetzon, Telstar, Eldorado, Sumitomo, Power King, Harvest King, Sailun, Akuret, Sentinel, National and Delta and specializes in passenger, commercial, farm, and specialty tires. All are distributed to independent retailers and wholesalers throughout the United States, Canada, and Mexico.

The company also owns RO Writer, a fully customizable shop management software system used by independently owned automotive repair, oil change and tire shops to streamline operations. Brands controlled by the corporation include:

History

In 1956, a purchasing group of tire retailers formed Cordovan Associates. The Company changed its name to Tire & Battery Corporation in 1972. Only eleven years later, after much success, Tire & Battery Corporation went public (NASDAQ: TBCC). In 2005, the Company was purchased by Sumitomo Corporation of America (SCOA). SCOA is the largest subsidiary of Sumitomo Corporation, one of Japan's major integrated trading and investment business enterprises. TBC Corporation functions as an independent company of SCOA.[9]

TBC Corporation Timeline

1956

References

External links

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