Ray Carr Tires Inc. has suspended operations at some of its stores and company officials reportedly are negotiating the sale of some assets, according to local media reports, other dealers in the area and suppliers.
Though details remain sketchy at Tire Business press time, at least two sites continue operations.
A retail and commercial sales store in Waynesboro, Va., is unaffected by the closings, said manager Chris Carr. His father, Everett Carr, has owned that store for about 11 years, while his uncle, Ray Carr, owns the remaining shops with services ranging from retail sales to retreading operations.
``We're in good shape,'' Chris Carr said, though he added some customers had confused his shop with the other locations.
Ray Carr Tires in Chesapeake, Va., also was open Nov. 21, an employee said. Calls were not answered at the company's other locations, in Charlottesville, Coeburn, Harrisonburg and Staunton, Va.
Chris Carr said he was not aware of the details of his uncle's business. Local news media reported many of the company's locations closed Nov. 15. Company officials could not be reached for comment Thursday.
Known mostly as a commercial tire dealer and retreader, Ray Carr Tires has four commercial-only outlets, one combined commercial/retail store, one retail store, a retread plant and four warehouses in the Harrisonburg area. Earlier this year the company said it employed 178. A year ago it consolidated two retread plants into one for increased efficiency and throughput.
A clerk for the U.S. Bankruptcy Court in the Western District of Virginia said it had no record of a filing for Ray Carr Tires as of Nov. 21.
Tire Business Staff Reporters Lisa Aichlmayr and Bruce Davis contributed to this report.