Monro plans to speed acquisitions
October 27, 2014

Who's next? Monro eyes many more stores
In the spirit of Halloween, here’s a good scare for those of you afraid of even more competition: Monro Muffler Brake Inc. expects to grow very quickly over the rest of its fiscal 2015.

TBC predicts 1,400 Midas locations by 2018
TBC Corp. says its Midas International Corp. subsidiary is on pace to open 25 locations in 2014 and has had 13 consecutive months of same-store sales increases and 4.6% year-to-date sales growth.

Discount Tire adds store in Ohio
Discount Tire has opened its second store in the northeast Ohio market in Avon, a Cleveland suburb. The company operates 14 stores in Ohio.

Ironman adds a radial ST tire to its lineup
The new Ironman ST-SVP radial trailer tire from Hercules Tires is designed as "an economic choice" for trailers, according to the company.

NETSA awards $32,000 in scholarships
The New England Tire and Service Association (NETSA) has distributed $32,000 in funds to 16 recipients of $2,000 scholarships for 2014.

Hybrid Shop names marketing director
The Hybrid Shop LLC (THS), a network of dealers services hybrid-electric vehicles (HEVs), has named Jen Martin marketing director

Hankook wins international design award
Hankook Tire Co. Ltd. has won the international Good Design Award 2014 for its Ventus S1 evo2 tire in the competition’s personal transportation equipment and facilities category.

TIA: More than 400 register for expo
The Tire Industry Association (TIA) reports that more than 400 people have signed up for pre-Global Tire Expo special events, a registration record. The events will be held on Monday, Nov. 3, 2014, at Caesars Palace Las Vegas.

Anco brand returns as NHL’s official wiper blade
Federal-Mogul Motorparts' Anco Wipers brand is returning for a second year as the official wiper blade of the National Hockey League (NHL) for the 2014-15 season.

Lori’s Listening

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Learn from the experts at Automotive Aftermarket Industry Week
With more than 2,000 new products on display, more than 2,300 exhibiting companies filling over one million square feet of the Las Vegas Convention Center, the 2014 Specialty Equipment Market Association (SEMA) Show is shaping up to be the biggest yet as industry optimism continues to build, according to Chris Kersting, SEMA president and CEO. The show will be held Nov. 4-7.

Log on and promote
Social media has become a powerful promotional tool. Information about your business can be shared with thousands, even millions of potential customers almost instantaneously thanks to the popularity of mobile phones, tablets and laptops.

Bridging the gap between P-metric and LT sizes
If P-metric tires are mounted on light trucks, are they light truck tires? Yes and no. From the consumer’s perspective, the answer is “yes.”

Intense competition: Monro's growth curve is scary
John Van Heel, CEO and president of Monro Muffler Brake Inc., recently made the most cryptic statement many of you will read over the Halloween season.

It seems the U.S. government wants to unfairly punish Double Coin
Double Coin Holdings Ltd. and, by association, China Manufacturers Association LLC, are being punished for a crime they didn't commit.

Hankook makes sure America's efforts during the Korean War are not forgotten
The moment was brief yet poignant. Seung Hwa Suh, vice chairman and CEO of Hankook Tire Co. Ltd., was finishing up his speech at the groundbreaking ceremony for Hankook's tire plant in Clarksville, Tenn.

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