Auto Industry
Industry: Email Alert RSS FeedGOODYEAR GAINS TWO EX-BANDAG RETREAD SHOPS.
Tire Business, June, 1999 by Mikolajczyk, Sigmund J.
AKRON--Two retreaders have recently had what you might call "conversion experiences."
For different reasons, both switched retreading systems. So on that big balance sheet, score two gains for Goodyear and a like number in the debit column for Bandag Inc.
Purcell Tire & Rubber Co., among the continent's Top 10 retreaders and commercial dealers, was notified that the Bandag franchisee agreement at its Fenton, Mo., plant near St. Louis would not be renewed. That caused the Potosi, Mo.-based company in April to make a quick over-the-weekend switch of the plant to Goodyear's system.
The firm operates seven retread plants in six states--two of which are still Bandag shops, the rest Goodyear. A year ago, Purcell bought a Bandag shop in North Las...
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