TEQUESTA, Fla. (March 12, 2008) — Independent Tire Dealers Group (ITDG) L.L.C. finished out 2007 setting a new record for sales and dividends to shareholders for the fourth year in a row.
Michael Cox, president and CEO of ITDG, said the company also added three new shareholders to the group, bringing the total to 63.
“We would like to thank all the manufacturers, vendors and distributors that have supported our organization throughout these remarkable growth years,” he said. “We are excited about the continued growth in the years ahead.”
ITDG has 108 members representing more than 300 tire and service center locations. The dealer group recently announced that it plans to withdraw as an equity member of the Tire Alliance Groupe (TAG), severing its supply relationship with TAG.