BEND, Ore. (KTVZ) – Les Schwab Tire Facilities, the nation’s highest-ranked, most customer-focused tire retailer, introduced Monday it has reached an settlement to accumulate Plains Tire Co., an 80-year-old tire firm with 9 shops in Wyoming.
Les Schwab will buy Plains Tire for an undisclosed sum, stated Les Schwab CEO Jack Cuniff.
“We opened our first retailer in Wyoming in Rock Springs in 2019, with plans to develop our footprint over time. With this buy, we’re in a position to serve a lot of the state in a single step,” Cuniff stated. “Plains Tire is a powerful and wholesome firm, and it’s thrilling to have the ability to pace up our development by welcoming these shops, workers and clients into Les Schwab.”
Plains Tire proprietor Larry Nicholls stated Les Schwab is the suitable purchaser on the proper time.
“Plains Tire is robust as a result of our hard-working workers present the wonderful service our clients depend on,” Nicholls stated. “Being a part of Les Schwab, an organization constantly rated the most effective within the tire trade, will create much more alternative for our folks, and I do know our workers, clients and communities will probably be properly cared for. I don’t imagine I might have discovered a greater companion than Les Schwab to promote our household’s firm to, and I’m excited to look at these shops develop and flourish.”
Les Schwab plans to proceed rising organically by opening its personal new shops, but in addition to proactively pursue different growth and buy-out alternatives, stated Chief Administrative Officer Corey Parks, who leads the corporate’s growth and improvement initiatives. “Les Schwab is actively on the lookout for alternatives to accumulate different nice firms like Plains Tire,” Parks stated. “We imagine we’re an impressive companion for well-run, extremely revered tire sellers who need to see their workers, clients and enterprise properly taken care of, and need to develop along with our firm.”
No modifications will probably be made instantly for the Plains Tire shops whereas Les Schwab evaluates how greatest to combine the 2 firms. The sale is anticipated to shut in early August.
About Les Schwab
Les Schwab Tire Facilities (www.lesschwab.com) is likely one of the main impartial tire sellers in america, with greater than 7,000 workers and 500 areas throughout Oregon, Washington, Idaho, Montana, California, Nevada, Utah, Colorado, Wyoming and Alaska. In each market, Les Schwab takes delight in doing the suitable factor − staying centered on offering superior worth and constructing clients for all times. The primary Les Schwab shops had been opened in small cities and rural communities with one guideline: present our neighbors with high-quality merchandise and unparalleled customer support. This single-minded concentrate on service continues at present. The truth is, it’s a driving think about why Les Schwab has ranked #1 in buyer satisfaction for Aftermarket Tire Alternative by JD Energy two years in a row.
About Plains Tire
Plains Tire is Wyoming’s largest and oldest tire firm, having served Wyoming since 1941. Plains Tire has 9 full-service automotive shops – in Laramie, Rock Springs, Gillette, Evanston, Casper, Sheridan, Riverton and Inexperienced River.