Hennelly Tire opens sixth store
FORT LAUDERDALE, Fla.-Hennelly Tire & Auto Inc., which does business as Tire Choice & Total Car Care, opened its sixth store in south Florida Dec. 6.
The tire dealership, which opened its first five stores in May, plans to open five to six new construction stores in the third and fourth quarters of 2005. Dan Hennelly, former president of Morgan Tire & Auto Inc., said he plans to have more than 30 stores within five years.
Mr. Hennelly said the newest store, in Royal Palm Beach, Fla., was scheduled to open Sept. 15 but was delayed by this year's hurricane season.
Tire Kingdom hits 605 stores in '04
JUNO BEACH, Fla.-Tire Kingdom Inc. recently opened three stores in Ohio, Georgia and Texas, bringing to 605 the number of stores the TBC Corp. retail subsidiary operates.
A Tire Kingdom store opened in Evans, Ga., and National Tire & Battery (NTB) stores opened in Kemah, Texas, and Macedonia, Ohio. The company had planned to open two other Texas stores-in Humble and Houston-by year-end, but those were hampered by wet weather. They should open by early to mid-January, Tire Kingdom said.
The NTB stores will sport the logo: ``NTB, a Tire Kingdom Company.''
``Market demographics closely mirror that of the typical NTB customer,'' Bill Ihnken, president of retail for Tire Kingdom, said of the Texas stores' markets. ``This fact, along with our current strong retail brand recognition, creates an environment conducive to the expansion of our NTB format within the greater Houston area.''
TBC previously said it plans to add 20 to 25 new Tire Kingdom stores in 2005.
O.K. Tire wins consumer award
LANGLEY, British Columbia-O.K. Tire Stores Inc. was named the preferred place of business by consumers for the fourth year in a row, winning a Consumers Choice Award.
The Langley-based dealership won in the 2004 automobile tire retailer category of the award program. The annual award is presented by the Consumers Choice Institute (Canada) and the Consumers Choice Institute (U.S.A.). The groups survey customers in major cities and ask open-ended questions about which businesses they consider best in each category, according to the organizations' Web site.
Ken MacLeod, president and CEO of O.K. Tire, and Mark Frankland, director and O.K. Tire store owner, accepted the award on behalf of the company. O.K. Tire is a dealer-owned company with more than 240 independent tire and auto service locations in Canada. The dealership posts annual retail sales of more than $200 million.
Customer wins Nissan 350Z
LOS ANGELES-Michelin North America Inc. and AKH Co./Discount Tire Centers presented a customized 2004 Nissan 350Z to the winner of a drawing at the Discount Tire Center store in Downey, Calif.
The car was given to David Andreas, 18, of Oxnard, Calif. The vehicle was outfitted with BF-Goodrich g-Force T/A KDW ultra-high performance tires.
``I had planned on saving up to purchase a car to get around and go to school,'' Mr. Andreas said. ``Now I can put that money towards college.''
Tirecraft participates in cancer fundraiser
SHERWOOD PARK, Alberta-Many Tirecraft Auto Centers' outlets participated in the CIBC Run for the Cure in October to raise awareness and support for breast cancer research.
Sherwood Park-based Tirecraft raised more than $48,000 through the event. More than 1,300 employees, customers family and friends participated, the dealership said.
``We are looking forward to continuing with these efforts in support of breast cancer research,'' said President David Cosco. ``The momentum and support generated through our stores has established a great foundation which we will continue to build upon in hope of finding a cure.''
Direct Tire donates to Boston food bank
WATERTOWN, Mass.-To commemorate its 30th anniversary, Direct Tire and Auto Service donated 3 percent of its sales from Nov. 15 through Dec. 31 to the Greater Boston Food Bank.
The Watertown-based dealership expects the donation to reach about $30,000. The food bank works with more than 700 food pantries, soup kitchens, shelters and other organizations.
For every dollar donated, the food bank can distribute $5 worth of food. Direct Tire said a $30,000 contribution can enable the bank to distribute $150,000 worth of food, or nearly 77,000 meals in eastern Massachusetts.
Seven indicted in tire scheme
MIAMI-A U.S. attorney in Florida said a grand jury returned a 12-count indictment against seven defendants accused of laundering money in a scheme involving unauthorized tire sales.
U.S. Attorney Marcos Daniel Jimenez in the Southern District of Florida said the seven defendants allegedly participated in money laundering with a former employee of Wingfoot Commercial Tire Systems L.L.C. William Davis had managed a Wingfoot store in Hollywood, Fla., from May 2001 to May 2002, according to the FBI, which arrested Mr. Davis for money laundering and mail fraud in November 2002.
In 2002, the FBI said Mr. Davis fraudulently obtained tires from Goodyear at a discount then sold them at a profit. Investigators said the scheme cost the tire maker about $1.2 million. The U.S. attorney also said Mr. Davis made unauthorized sales of Goodyear tires to a shell company he owned and fraudulently billed Good-year for tires that were never delivered.
Mr. Jimenez said Mr. Davis pleaded guilty to money laundering in April 2003. He was sentenced to 57 months in prison.
In the recent indictment from the grand jury, the seven defendants allegedly assisted Mr. Davis in laundering about $600,000. If convicted, they face a maximum sentence of up to 20 years in prison per charge and a fine of not more than $500,000.