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In 1958 MTD entered the lawn and garden power equipment industry with the production of an 18-inch (46 cm) power rotary mower. In 1959 MTD began manufacturing self-propelled lawn mowers, garden tractors and other power equipment. In 1962 MTD purchased Sehl Engineering Ltd. of Canada which would later become MTD Products, Ltd. and then MTD Canada.
There were also a variety of Cub Cadet branded and after-market attachments available, including mowers, blades, snow blowers, front loaders, plows, and carts. In 1981, due to financial hardships, IH sold the Cub Cadet division to the MTD corporation, which took over production and use of the Cub Cadet brand name (without the IH symbol). [1]
In July 2018, Goodyear Tire and Rubber Company and Bridgestone Americas announced the creation of TireHub, a joint wholesale distribution network across the United States. [1] At the same time, Goodyear also announced that it was ending its distribution relationship with American Tire Distributors, which is the largest tire wholesaler in the US ...
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.
The second Mr. Tire Auto Service Center was founded in 1970 in Baltimore, Maryland, covering more than 300 locations in Maryland, Delaware, New Jersey, Virginia, North Carolina, South Carolina, New York, Pennsylvania, Ohio, and West Virginia. This organization licensed the "Mr. Tire" name from Universal Cooperatives.
January 3, 2018, Michelin North America and Sumitomo Corporation of America announced a definitive agreement to combine their respective North American replacement tire distribution and related service operations in a 50-50 joint venture.
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