American Tire Distributors to Expand Service across Texas and Louisiana.
Homann Tire operated five wholesale distribution centers and two retail stores. American Tire Distributors' purchase does not include the retail stores. The five distribution center locations include San Antonio, Killeen, Corpus Christi and Houston in Texas and Lafayette in Louisiana. The Homann Tire distribution operation serviced over 1,600 customers in Texas and Louisiana.
"Homann Tire is a premier tire distributor in their geographic area. They have built a strong distribution business with a focus on providing excellent customer service," said Richard P. "Dick" Johnson, Chairman and Chief Executive Officer of American Tire Distributors. "The Homann Tire operation, including its strong team of people, will be an excellent complement to the current ATD distribution center network in Texas. In addition, we look forward to servicing the customers across southern Louisiana with our first distribution point in that state," Mr. Johnson added.
Homann Tire was founded by Ray Homann in 1974 as a single retail store in San Antonio, Texas. Ray's son, Ken Homann, took ownership of the business in 1991. Ken grew the company's retail business and opened its first wholesale distribution center in 1997. Since that time, the Homann Tire distribution operation expanded to the existing five locations.
About American Tire Distributors
American Tire Distributors is one of the nation's largest independent suppliers of tires to the replacement tire market. It operates 82 distribution centers servicing 36 states. The company focuses on helping tire and wheel retail dealers compete with larger retailers by offering the most complete, coast-to-coast selection of tires, wheels and related products and value-added services. American Tire Distributors employs over 2,200 employees across its nationwide distribution center network, including 200 people in its Charlotte-area field support center, distribution center and regional hub.
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|Date:||Dec 7, 2007|
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