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The Company changed its name to Tire & Battery Corporation in 1972. Eleven years later, Tire & Battery Corporation went public (NASDAQ: TBCC). In 2005, the company was purchased by Sumitomo Corporation of America (SCOA), one of Japan's major integrated trading and investment business enterprises.
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They make tires for bicycles, motorcycles, ATVs, trailers, automobiles, and industrial equipment. [1] [2] Kenda was the 27th largest tire maker in the world in 2010. In 2011, Kenda decided to sell the 50-percent share that it has in the $200 million joint venture that it started with Cooper Tire & Rubber Company in China in 2003. [3]
In 2022, American Tire Distributors sold their Canadian operations (National Tire Distributors) to Groupe Touchette. [15] In October 2024, ATD filed for Chapter 11 bankruptcy protection for the second time, listing assets and liabilities between $1 billion and $10 billion. The company plans to sell itself to new owners in efforts to eliminate debt.
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BikeBandit is a former motorcycle parts superstore retailer founded in 1999 by successful serial entrepreneur Ken Wahlster. Wahlster sold the company in 2013 and has gone on to open other companies in the motorcycle industry (8 Ball Motorcycle Tires, Inc) as well as other markets (retail, consulting, etc.).
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