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February 16, 2004 01:00 AM

Briggs and Sons wins local award

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    FAYETTEVILLE, N.C.-The Fayetteville Area Chamber of Commerce recently named Briggs and Sons Tire ``Business of the Year.''

    Several nominees were submitted for the award, and Briggs and Sons Tire was selected from three top finalists. Criteria for the chamber's Business of the Year award included growth and innovation in business, professional leadership, excellence in a particular field, public service and positive impact on the community.

    Founded in 1972 by Bob and Barbara Briggs, the dealership has grown from a gas station in Clinton, N.C., to 10 automotive service and tire centers in eastern North Carolina plus a retread shop. Briggs and Sons Tire has been based in Fayetteville since 1989 and operates five locations in the city.

    The dealership in 2003 expanded by opening three stores in Raleigh, N.C. A family-run business, Briggs and Sons Tire was cited by the chamber of commerce for its excellent employee relations and commitment to training.

    K&M Tire hosts dealer meeting

    CHICAGO-Thirty-seven Chicago-area tire dealers met with wholesaler K&M Tire Inc. Dec. 12 to discuss the Best-One Tire & Service retail dealer network marketing group, the Goodyear G3 program and financial strategies.

    Delphos, Ohio-based K&M Tire is part of the Best-One program, developed by Zurcher Tire of Monroe, Ind. The meeting also dealt with presentations on financial, cash flow and ratios and how to apply, analyze and read them, K&M Tire said.

    ``We want to help the dealers understand the financial side of the business,'' said Ken Langhals, president of the wholesaler. ``If they understand cash flow and how to read their financials, I feel it will make their company stronger, and the stronger their company is, the more tires they should be buying and the easier it should be for them to pay their bills. It's a win-win situation for everyone.''

    Dealers also received gifts, such as shirts, sets of tires and a Goodyear lighted sign. Dan Catberro of Grand Tire won a grand prize 2004 Anniversary Edition Ford Mustang.

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    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].

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