FARNHAM, Quebec — Martins Industries Inc. has acquired Springfield, Ore.-based ABC American Balancing Corp., which specializes in tire balancing beads.
Martins said the acquisition marks a new step in the diversification and expansion of its product offering.
ABC offers tire balancing through the traditional method of bead insertion directly via the tire valve. The technology ensures precise and rapid balancing, contributing to tire longevity, improved driving performance and reduced fuel consumption, the company said.
The product is designed for a wide range of vehicles, including motorcycles.
"The products of Martins and ABC are complementary, targeting different markets and enabling Martins to cover all segments of the tire industry," the company said. "This strategic positioning enhances Martins' ability to address the full range of tire balancing needs while offering more flexible and tailored solutions to meet the specific requirements of each customer segment."
"I am very pleased to add a top-quality brand like American Balancing Corp. (ABC) to our portfolio. This opportunity will open new markets for Martins' tire balancing product line, particularly for motorcycles, with quick and easy installation via the valve, ensuring safe and precise tire balancing," Martins President Martin Dépelteau said.
Farnham-based Martins designs, manufactures and distributes equipment and supplies for tires and wheels.