Originally Posted By: XS650
Owned by Treadways
http://www.treadwayscorp.com/
which doesn't really tell us much.
Treadways is owned by TBC
http://www.tbccorp.com/
which tells us a bit more
Looks like TBC is owned by Sumitomo:
Sumitomo Corporation of America Completes Acquisition of TBC
Corporation
NEW YORK, NY, November 17, 2005 – Sumitomo Corporation of America
(SCOA) announced today that it has closed its acquisition of TBC Corporation
(“TBC”). SCOA purchased TBC for approximately $1.1 billion, including debt.
TBC will operate as a subsidiary of SCOA and continue to be led by TBC’s
current senior management team.
“We are excited to add TBC to our growing family of companies,” said SCOA
President and CEO, Susumu Kato. “TBC complements our existing portfolio and
we look forward to working with them on the successful implementation of their
long-term business strategy.”
About TBC: TBC Corporation is one of the nation's largest marketers of
automotive replacement tires through a multi-channel strategy. The Company's
retail operations include company-operated retail centers under the "Tire
Kingdom", "Merchant's Tire & Auto Centers" and "National Tire & Battery" brands
and franchised retail tire stores under the "Big O Tires" brand. TBC markets on a
wholesale basis to regional tire chains and distributors serving independent tire
dealers throughout the United States and in Canada and Mexico. The Company's
proprietary brands of tires have a longstanding reputation for quality, safety and
value.
About Sumitomo Corporation of America: Established in 1952, and
headquartered in New York City, SCOA operates offices in 10 American cities.
SCOA is the largest wholly-owned subsidiary of Tokyo-based Sumitomo
Corporation (TSE: 8053), one of the world's leading traders of goods and
services. As an integrated business enterprise, the firm has emerged as a major
organizer of multinational projects, an expediter of ideas, an important
international investor and financier, and a powerful force for distribution of
products and global communications through a network of offices worldwide.
Homepage:
www.sumitomocorp.com