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TBC Corporation
TBC Corporation is an American corporation and marketer of automotive replacement tires. History In 1956, a purchasing group of tire retailers formed Cordovan Associates. The Company changed its name to Tire & Battery Corporation in 1972. Eleven years later, Tire & Battery Corporation went public (NASDAQ: TBCC). In 2005, the company was purchased by Sumitomo Corporation of America (SCOA), one of Japan's major integrated trading and investment business enterprises. In 2018, Michelin North America and Sumitomo Corporation of Americas combined their respective North American tire distribution and related service operations in a 50–50 joint venture agreement, creating National Tire Wholesale (NTW). Company operations TBC markets on a wholesale basis to regional tire chains and distributors serving independent tire dealers throughout the United States, Canada, and Mexico. Through distribution centers, the company also markets directly to independent tire dealers across the United St ...
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Palm Beach Gardens, Florida
Palm Beach Gardens is a city in Palm Beach County, Florida, Palm Beach County, Florida, United States, approximately 80 miles north of Miami. Palm Beach Gardens is a principal city of the Miami metropolitan area. The population was 59,182 at the 2020 United States census, 2020 census, and was estimated to be 61,146 in 2023. History Early history to 1970 Prior to development, the land that became Palm Beach Gardens was primarily Ranch, cattle ranches and pine forests, as well as swampland farther west. The first settlers in the 1890s were residents of Juno, what is now Juno Beach, Florida, Juno Beach, near what is now the Oakbrook Square Shopping Center near U.S. Route 1, US Highway 1 and Florida State Road 786, PGA Boulevard. By the early 1900s, two other areas in what is now considered Palm Beach Gardens were settled—Prairie Siding, a railroad station and timber mill located at the present-day intersection of RCA Boulevard and Florida State Road A1A Alternate, Alternate A1A; a ...
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Sumitomo Corporation
is one of the largest worldwide '' sōgō shōsha'' general trading companies, and is a diversified corporation. The company was incorporated in 1919 and is a member company of the Sumitomo Group. It is listed on three Japanese stock exchanges (Tokyo, Nagoya and Fukuoka) and is a constituent of the TOPIX and Nikkei 225 stock indices. Today, the company is one of the top three '' sōgō shōsha'' companies in the world. History The Sumitomo Group, of which Sumitomo Corporation is a key member, dates to the 17th century establishment of a book and medicine shop in Kyoto by Masatomo Sumitomo. Sumitomo's brother-in-law Riemon Soga developed a technology to extract silver from copper, and Soga's son (who married Sumitomo's daughter) Tomomochi Sumitomo expanded this smelting business to Osaka. From this start, the Sumitomo family expanded its business into copper mining (the Besshi copper mine), followed by textiles, sugar and medicine trading. The Sumitomo family was close to th ...
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Michelin
Michelin ( , ), in full ("General Company of the Michelin Enterprises P.L.S."), is a French multinational tyre manufacturing company based in Clermont-Ferrand in the Auvergne-Rhône-Alpes '' région'' of France. It is the second largest tyre manufacturer in the world behind Bridgestone and larger than both Goodyear and Continental. In addition to the Michelin brand, it also owns the Kléber tyres company, Uniroyal-Goodrich Tire Company, SASCAR, Bookatable and Camso brands. Michelin is also notable for its Red and Green travel guides, its roadmaps, the Michelin stars that the Red Guide awards to restaurants for their cooking, and for its company mascot Bibendum, colloquially known as the Michelin Man, who is a humanoid consisting of tyres. Michelin's numerous inventions include the removable tyre, the pneurail (a tyre for rubber-tyred metros) and the radial tyre. Michelin manufactures tyres for Space Shuttles, aircraft, automobiles, heavy equipment, motorcycles ...
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Big O Tires
Big O Tires, LLC. is a tire and auto service shop headquartered in Palm Beach Gardens, Florida. Big O Tires is one of North America's largest retail tire franchisors, with more than 450 independently owned and operated locations extending through 23 states primarily in the Western and Midwestern United States. It has been a wholly owned subsidiary of TBC Corporation since 1996. Big O private brand tires and other leading brands are available at all 450+ locations. In addition to selling and servicing tires, wheels, and alignments, Big O Tires provides routine maintenance and replacement services including, but not limited to: oil and filter changes, batteries, brakes, suspension and steering services.   History The company was founded in 1962, when it split from OK Tires, it was headquartered in Englewood, Colorado. In 1996, it was acquired by TBC Corporation, which also owns Tire Kingdom and NTB. In 2006, TBC was acquired by Sumitomo Corporation of Americas. In 2018, Micheli ...
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Midas (automotive Service)
Midas International, LLC is an American chain of automotive service centers headquartered in Palm Beach Gardens, Florida. It's one of the world's largest providers of automotive services, offering brake, maintenance, tires, exhaust, steering and suspension services at more than 2,100 franchised, licensed and company-owned Midas shops in 13 countries, including nearly 1,300 in the United States of America and Canada. In its North American main and home market, Midas stores are company-owned or franchised. In the 17 other countries it operates in, the service centers are either licensed or franchised. Midas also owns the SpeeDee Oil & Auto Service business, with more than 150 auto service centers in America. Midas has ranked #150 on Entrepreneurs top Franchise 500. Company History In April 1956, Midas, an acronym of Muffler Installation Dealers' Association, was established by Nate H. Sherman (1898 - 1980) and the first Midas Muffler opened that year in Macon, Georgia. With ...
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National Tire Wholesale
National Tire Wholesale is a wholesale tire distributor created from a joint venture. The company is headquartered in Palm Beach Gardens, Florida. History January 3, 2018, Michelin North America and Sumitomo Corporation of America announced a definitive agreement to combine their respective North American replacement tire distribution and related service operations in a 50-50 joint venture. On April 5, 2018, the joint venture officially closed, bringing together Michelin North America's Tire Centers and Sumitomo Corporation of Americas' (TBC Corporation) Carroll Tire, owned by TBC Corporation TBC Corporation is an American corporation and marketer of automotive replacement tires. History In 1956, a purchasing group of tire retailers formed Cordovan Associates. The Company changed its name to Tire & Battery Corporation in 1972. Eleven .... The combined wholesale unit operates under NTW. Company operations NTW is a wholly owned subsidiary of TBC Corporation through a multi ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ...
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TBC Corporation
TBC Corporation is an American corporation and marketer of automotive replacement tires. History In 1956, a purchasing group of tire retailers formed Cordovan Associates. The Company changed its name to Tire & Battery Corporation in 1972. Eleven years later, Tire & Battery Corporation went public (NASDAQ: TBCC). In 2005, the company was purchased by Sumitomo Corporation of America (SCOA), one of Japan's major integrated trading and investment business enterprises. In 2018, Michelin North America and Sumitomo Corporation of Americas combined their respective North American tire distribution and related service operations in a 50–50 joint venture agreement, creating National Tire Wholesale (NTW). Company operations TBC markets on a wholesale basis to regional tire chains and distributors serving independent tire dealers throughout the United States, Canada, and Mexico. Through distribution centers, the company also markets directly to independent tire dealers across the United St ...
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2005 Mergers And Acquisitions
5 (five) is a number, numeral and digit. It is the natural number, and cardinal number, following 4 and preceding 6, and is a prime number. Humans, and many other animals, have 5 digits on their limbs. Mathematics 5 is a Fermat prime, a Mersenne prime exponent, as well as a Fibonacci number. 5 is the first congruent number, as well as the length of the hypotenuse of the smallest integer-sided right triangle, making part of the smallest Pythagorean triple ( 3, 4, 5). 5 is the first safe prime and the first good prime. 11 forms the first pair of sexy primes with 5. 5 is the second Fermat prime, of a total of five known Fermat primes. 5 is also the first of three known Wilson primes (5, 13, 563). Geometry A shape with five sides is called a pentagon. The pentagon is the first regular polygon that does not tile the plane with copies of itself. It is the largest face any of the five regular three-dimensional regular Platonic solid can have. A conic is d ...
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Joint Ventures
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, a ...
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