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A Les Schwab store in Wilsonville, Oregon. In addition to tires, the company sells a variety of other auto parts and auto-related services, including brakes and shocks. In 2008, Forbes magazine ranked Les Schwab as the 324th largest privately held company in the country. [1]
The new site in Bend at Juniper Ridge is on 12 acres (4.9 ha) and cost $33 million. [9] On Sep. 30, 2020, Les Schwab CEO Jack Cuniff announced that the company would be sold to a California investment fund, Meritage Group, ending the 68-year family ownership of Les Schwab Tire Centers.
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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2 Please Keep the Les Schwab article about Les separate from the Tire Center article.
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