Wholesale tire distributors Max Finkelstein (MFI) and Treadmaxx Tire Distributors have formed a wholesale buying group, Tire Distributors of the Americas LLC. The new venture will primarily focus on strategic tire manufacturers and proprietary offerings, according to the companies.
“This new venture allows our two companies and the members of the group to leverage our knowledge and best practices, eliminate redundancy in the supply chain, and create greater purchasing power,” Ira Silver, MFI president and CEO, said.
Mark Kauffman, Treadmaxx president and CEO, added: “As the tire industry continues to evolve, this will help strengthen the positions of all the members by leveraging best practices … which, in turn, will create a better value proposition for the independent tire dealer.”
Combined, MFI and Treadmaxx operate 29 regional tire distribution centers in 16 states, covering the Eastern seaboard and South-Central regions of the United States.
MFI (Astoria, NY) and Treadmaxx (Atlanta, GA) will continue to operate their individual businesses independently. The joint venture’s administrative offices are in Chattanooga, TN.
In addition to Kauffman and Silver, who are co-presidents of Tire Distributors of the Americas, officers include secretary Sean Franciscus and treasurer Brian Rose.