COLUMBIA, Miss. — Southern Tire Mart (STM), already the largest commercial tire dealership in North America by far, has expanded its market coverage in the U.S. Southwest and Rocky Mountain regions with the acquisitions of Redburn Tire Co. and 26 GCR Tire outlets in four states.
The deals add 38 sales and service outlets and 11 Bandag-system retread plants six states — Arizona, California, Colorado, Nevada, New Mexico and Utah — to Southern Tire's network. The locations in Colorado and Utah are STM's first in those states.
Combined with a couple of greenfield locations opened in the past year in southern California, the Redburn and GCR deals expand STM's market coverage to 200-plus locations in 25 states stretching from the Pacific to the Atlantic. Included in the total are 33 STM outlets at Pilot Flying J truckstops in 20 states.
STM took over operations of the Redburn Tire locations in early August, according to Kevin Haddox, vice president, operations for Columbia-based Southern Tire Mart. Financial terms of the deal were not disclosed.
Marvin Redburn Sr. founded Phoenix-based Redburn Tire in 1934. Current owners J.D. Chastain and Don Leffler are retiring. Chastain did not respond to a request for comment.
The largely commercial-oriented dealership has been closely allied in recent years with the Bridgestone and Firestone brands and the Bandag retreading system.