MEMPHIS, Tenn. (May 8, 2002)—Del-Nat Tire Corp. has purchased a 120,000-sq.-ft. warehouse and an additional 5½ acres near its Memphis headquarters.
The warehouse is in addition to Del-Nat's current distribution center and will service the entire U.S., according to President Dan Hunter. The new warehouse will store approximately 250,000 Delta, National and Akuret tires and brings the private brander's total warehousing capacity up to 500,000 square feet.
Del-Nat acquired property adjacent to its property and plans to break ground in six months to a year on an addition to its headquarters, Mr. Hunter said.