Skip to main content
Sister Publication Links
  • Rubber News
  • European Rubber Journal
Subscribe
  • Login
  • Register
  • Subscribe
  • Current Issue
  • BEST PLACES TO WORK
  • News
    • HUMANITARIAN
    • TIRE MAKERS
    • COMMERCIAL TIRE
    • GOVERNMENT & LAW
    • MERGERS & ACQUISITIONS
    • OBITUARIES
    • OPINION
    • MID YEAR REPORT
    • SERVICE ZONE
  • ADAS
  • Data
    • DATA STORE
  • Custom
    • SPONSORED CONTENT
  • Resources
    • Events
    • DIRECTORY
    • CLASSIFIEDS
    • SHOP FLOOR
    • AWARDS
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
    • RUBBER NEWS EVENTS
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
    • Best Places to Work
  • ADVERTISE
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. Acquisition
January 27, 2020 04:06 PM

Pomp's Tire buys 19 GCR locations throughout upper Midwest

Tire Business Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    GREEN BAY, Wis. — Pomp's Tire Service Inc. has acquired 19 GCR Tires & Service (GCR) stores in nine upper Midwest and Great Plains states from Bridgestone Americas Inc., expanding its network to 108 commercial truck tire service locations across 11 states.

    The locations acquired are in Iowa, Illinois, Kansas, Michigan, Minnesota, Nebraska, North and South Dakota and Wisconsin, the companies said, allowing Green Bay-based Pomp's — the fourth largest commercial dealership in the U.S. and a longtime Bandag system retreader — to expand both within its existing footprint and into new territories.

    The deal trims the GCR network to 70 locations in the U.S. and Canada, down from over 200 just a few years ago. Financial terms were not disclosed.

    "Our mission is to provide customers with best-in-class tires and service," Pomp's Tire CEO Jim Wochinske said. "This means we need a strong network of service locations that are staffed by long-tenured tire experts. The purchase of these GCR locations allows us to expand our footprint in the Midwest, while also bringing more knowledge and expertise to our team, which is truly the biggest advantage of this transaction."

    Scott Damon, group president, operations, Bridgestone Americas, said Bridgestone is focused on implementing strategies to secure commercial distribution "ensure we are meeting the needs of fleet customers across our company-owned GCR stores and the independent dealer channel.

    "Partnering with Pomp's allows us to further strengthen our commercial tire distribution network and position our brands and fleet solutions for growth as we enter 2020."

    The deal likely will expand Pomp's Tire's sales sufficiently to push the dealership past Best One Tire to a solid No. 3 among the U.S.'s largest independent commercial tire dealerships and to No. 4 among retreaders, according to Tire Business calculations.

    This is the fifth tranche of GCR assets that Bridgestone has sold in the past 18 months, encompassing 82 commercial service outlets and a dozen retread plants.

    Other recent deals include:

    • 10 GCR Tire stores and one retread plant in Florida and Georgia to Boulevard Tire Center of Deland, Fla.;
    • 13 GCR Tires & Service stores and three retread plants in North Carolina, South Carolina and Virginia to McCarthy Tire Service of Wilkes-Barre, Pa.;
    • 46 GCR stores and six retread plants in the southern U.S. to Southern Tire Mart of Columbia, Miss.; and
    • Four GCR service locations and two retread plants to Parkhouse Tire Inc. of Bell Gardens, Calif.

    At the same time, Bridgestone added a pair of locations to the GCR network late last year, buying Tires Inc., a commercial tire dealer with stores in Chehalis and Tumwater, Wash.

    GCR's remaining outlets in the U.S. are concentrated predominantly throughout the Rocky Mountain and Pacific Northwest states and California.

    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    Most Popular
    1
    Icahn-owned Auto Plus files for Chapter 11 protection
    2
    Truck sector leads U.S. tire market; consumer down
    3
    Goodyear to trim jobs amid 'uncertain' economic outlook
    4
    SEMA urges USTR to end section 301 tariffs on Chinese goods
    5
    Gills Point S acquires Hogan Tires of Maine
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • Instagram
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    Reader Services
    • Staff
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices Ad Choices
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • BEST PLACES TO WORK
    • News
      • HUMANITARIAN
      • TIRE MAKERS
      • COMMERCIAL TIRE
      • GOVERNMENT & LAW
      • MERGERS & ACQUISITIONS
      • OBITUARIES
      • OPINION
      • MID YEAR REPORT
      • SERVICE ZONE
    • ADAS
    • Data
      • DATA STORE
    • Custom
      • SPONSORED CONTENT
    • Resources
      • Events
        • ASK THE EXPERT
        • LIVESTREAMS
        • WEBINARS
        • SEMA LIVESTREAMS
        • RUBBER NEWS EVENTS
      • DIRECTORY
      • CLASSIFIEDS
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
      • AWARDS
        • Best Places to Work
    • ADVERTISE
    • DIGITAL EDITION