Acquisition Attersley Tire Service Ltd. of Oshawa, Ontario, has acquired Thames Tire Inc. of London, Ontario, a dealership with two Bandag retread plants and three sales and service locations. The price was undisclosed.
Attersley now owns four Bandag plants and 10 retail service locations with 220 employees. An Attersley spokesman said the purchase will strengthen the company's sales and service network along Highway 401, southern Ontario's main east-west highway.
Thames Tire president Paul Clarke will remain with the new venture in a management capacity.
A two-alarm fire of undetermined origin destroyed Junior's Tires in Moorpark, Calif., April 11.
It took more than four hours for 35 Ventura County Fire Department firefighters to extinguish the blaze in a 6,000-sq.-ft.-corrugated metal building, which also housed three other businesses.
``The biggest problem was that there were so many tires and the way they had them stored,'' said Battalion Chief Ken Maffei. He said the tire business space was stacked ``wall-to-wall to the ceiling'' with new and used tires, and firemen had to remove hundreds of tires to get the source of the blaze.
The other businesses in the building also sustained damage, but no firefighters were injured.
Mr. Maffei said a man working on a car at Junior's turned in the alarm and was questioned by investigators, but he was unable to provide any information about the possible cause of the blaze.
Mr. Maffei said damage to the building and contents is estimated at about $410,000.
Grismer Tire Co., in Dayton, Ohio, received the Eclipse Award for Business Integrity from the Better Business Bureau of the Miami Valley, April 29, for demonstrating "significant, unique and continuous commitment to trust and fair play in the marketplace and in day-to-day living."
The BBB presents Eclipse Awards, its highest honor, in two categories: business integrity and customer service. Grismer Tire said it is the only company to have received the award in both categories.
Grismer Tire operates 22 locations in southwestern Ohio.