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

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 over 100 distribution centers. TBC owns a number of industry brands, including: * National Tire Wholesale (NTW) *

Midas Midas (; grc-gre, Μίδας) was the name of a king in Phrygia with whom several myths became associated, as well as two later members of the Phrygian royal house. The most famous King Midas is popularly remembered in Greek mythology for his ...

, a franchised automotive service chain. Purchased by TBC Corporation in 2012. *

Big O Tires Big O Tires, LLC. is one of North America's largest retail tire franchisors, with more than 450 independently owned and operated locations extending through 23 states primarily in the Western and Midwestern United States. It is headquartered in P ...

, a franchise selling automobile tires. Purchased by TBC Corporation in 1996. * Tire Kingdom, purchased by TBC Corporation in 2000. * National Tire and Battery, acquired by TBC Corporation in 2003 from

Sears Sears, Roebuck and Co. ( ), commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began a ...

References

External links

*{{Official website, http://www.tbccorp.com 2005 mergers and acquisitions Automotive repair shops of the United States Palm Beach Gardens, Florida Joint ventures Companies based in Palm Beach County, Florida 1980s initial public offerings