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Les Schwab Tires entered the Denver metropolitan area with five stores in October 2012, the first in Colorado, bringing the total number of company owned stores to 374. [9] The company does more than $1.6 billion in sales each year, [ 8 ] and is the second largest independent tire retailer in the United States .
The name of the business changed to "Les Schwab Tire Centers" in 1956, dropping the OK franchise. [5] From this grew a tire empire based in Prineville that had 34 stores in Oregon, Washington, and Idaho in 1971, [ 7 ] and 410 stores in the western U.S. and $1.6 billion in annual sales by 2007. [ 3 ]
The concept of brake pads or disc brakes as an alternative to drum brakes had been around at least as early as a patent by F. W. Lanchester in 1902. [2] However, due to high cost and inefficiencies compared to drum brakes they were not commonly implemented until after World War II. [3]
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The company was founded by two Israeli immigrants, Eric and Shalom Laytin, who in their early twenties came to the United States. The two brothers formed Auto Brakes, Inc. in February 1982. In October 1983, the name of the store was changed to Brake Masters, and in May 1984, the company opened a second store.
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