MIAMI (June 24, 2005) – Tire Group International Inc. (TGI) has purchased a 600,000-sq.-ft. warehouse from Fleming Foods and will relocate its headquarters to the facility.
The wholesaler and private brand marketer said the property will enable it to double its current inventory levels, expand market share and add a retail and commercial service center that TGI called “one of the largest retail tire stores located in South Florida.” The warehouse is located in the Doral area fronting the Palmetto Highway (SR 826).
The store will carry more than 40 different brands of tires, as well as wheels, car accessories, and other automotive aftermarket enhancements.
“This transaction has poised TGI for future growth,” said CEO Antonio R. Gonzalez. “We are a leader in the worldwide distribution of tires, and this new facility will allow TGI to continue to develop and enhance its customer base.”
He added that the store will house more than 500,000 available units on its premises and even offer nitrogen to fill tires.
Miami-based TGI carries more than 40 tire brands and distributes private labels Astro and Cosmo. It also exclusively represents many other brands including MRF, Delta and Matador. The company operates associate offices in Puerto Rico and Mexico.