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Discount Tire Company was founded by Bruce Halle as a tire shop in 1960, in Ann Arbor, Michigan.Halle had taken out a $400 loan to open the store, originally having six tires from a previous failed automotive supply company.
Bruce Thomas Halle [2] [3] (May 27, 1930 – January 4, 2018) was an American businessman, and the founder and chairman of Discount Tire. [ 1 ] [ 4 ] He was the wealthiest person in Arizona , with an estimated net worth of $5.2 billion at the time of his death.
In 1998, Tire Rack began online sales. [3] By 2005, Tire Rack had grown into a nationwide company that distributes more than 2 million tires annually. [4] The company now offers 24 tire brands and has ten warehouses in nine states. [3] [5] Customers who pick up orders from a warehouse location are offered a discount. After 26 years of being a ...
The two made the decision to form their own company, O’Reilly Automotive, Inc. They opened for business in Springfield , Missouri on December 2, 1957, with one store and 13 employees. [ 3 ] [ 4 ] Their sales totaled $700,000 in 1958—their first full year of business.
The company acquired Winston Tire Company in 1997, and moved ATD's headquarters from Lincolnton to Charlotte in 1998. [3] Heafner Tire sold Winston Tire Company to Performance Management, Inc. in 2001. [4] In 2000, Heafner Group acquired American Tire Distributors. [5] Heafner Tire changed its name to American Tire Distributors (ATD) in 2002. [6]
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