National Tire Wholesale
Floridian tile distributor
From Wikipedia, the free encyclopedia
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
January 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
NTW 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]