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In April 1956, Midas, an acronym of Muffler Installation Dealers' Association, was established by Nate H. Sherman (1898 - 1980) and the first Midas Muffler opened that year in Macon, Georgia. The chain was originally known as Midas Muffler as they specialized in the replacement of mufflers .
The company was founded by Charles J. August in 1957, originally as a franchise of another company, Midas Muffler. [2] In the mid-1960s, "Chuck" August decided that his muffler shops should offer an expanded list of services. This was not in line with the other organization's wishes. In 1966, he discontinued his affiliation with Midas Muffler. [2]
In 1983, GKN, a multinational British company, bought out Meineke Discount Mufflers. [5] In 1986, the company headquarters moved to Charlotte, North Carolina. [6] In 2003, the same year Meineke Discount Muffler Shops, Inc. became Meineke Car Care Centers, Inc., Meineke became a privately held company, no longer publicly traded. [7]
The company later added brake service several years later and was renamed Monro Muffler Brake, Incorporated. [1] In 1977, Monro Muffler had twenty stores in New York. [2] By the mid-1980s, August's Monro Mufflers had expanded to 59 stores, which sales of $21 million per year. [1] Most of these stores were located in upstate New York.
Pep Boys is an American automotive aftermarket service chain. Originally named Pep Auto Supply, the company was founded in Philadelphia, Pennsylvania, in 1921 by Emanuel "Manny" Rosenfeld, Maurice "Moe" Strauss, W. Graham "Jack" Jackson, and Moe Radavitz.
MeidasTouch is an American progressive media company. The network describes itself as doing 'pro-democracy' journalism. [4] [5] [6]Previously, the MeidasTouch name was used by its founders for a liberal American political action committee formed in March 2020 with the purpose of stopping the reelection of Donald Trump in the 2020 United States presidential election.
For buyers shopping for a compact Ford, moving to the Contour came with a jump in price: the range topping 1994 Tempo LX sedan with V6 cost about $12,900, equivalent to $25,470 in 2022, while a base model 1995 Contour GL with four-cylinder engine and manual transmission was $13,990, equivalent to $27,622 in 2022.
By September 2007, the expected project cost had increased to US$10.4 billion. [ 3 ] [ 4 ] In December 2005, following the third SBIRS Nunn-McCurdy violation, the government decided to compete SBIRS GEO-4 and SBIRS GEO-5, with an option to buy the SBIRS GEO-3 contingent based on the performance of the first two.
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