Owner: Jim Stocking Jr.
Number of generations: 3
Based: Lincoln Park, Mich.
Founded: 1933 in Lincoln Park
Ownership history: Vernie Stock¬ing (1933-1941), Jim Stocking Sr. (1941-1984), Jim Stocking Jr. (2012-present)
Other family involved: Jim Stocking III (Jim Stocking Jr.'s son)
Dealership Information: Vernie Stocking founded Park Tire Co. in 1933 as a one-location dealership in Lincoln Park. His son Jim Stocking Sr., the company's second owner, took over the company as a teenager in 1941 when his father died.
In 1968, Mr. Stocking moved the company to a vacant 10,000-sq.-ft. building next door—formerly a Studebaker car dealership—from where the firm still operates. His son Jim Stocking Jr. took over running the business in 1984 and ownership was transferred to him in 2012.