Wholesale tire distributor K&M Tire, Inc., has entered into a purchase agreement with Reliable Tire Co. to purchase two of their warehouses in Texas. K&M Tire will begin managing operations at the two distribution facilities on Oct. 8.
The two warehouses are located in Houston and Dallas. Major brands of tires distributed from these warehouses are Bridgestone/Firestone and Continental/General passenger and light truck tires. K&M Tire plans to expand the offering to its new customers in Texas.
Currently, there are 16 employees at the 70,000- square-foot warehouse in Dallas and 13 employees at the 40,000-square-foot facility in Houston. K&M Tire has offered employment to all existing employees.
Headquartered in Blackwood, NJ, Reliable Tire has additional tire distribution warehouses in East Syracuse, NY; Hartford, CT; and Atlanta, GA.
Following the purchase, Delphos-based K&M Tire will have 14 wholesale locations serving customers in 20 states from Ohio to Texas. A 15th distribution facility is currently under construction in Barnesville, MN, and is expected to begin operations after the first of the year.
Founded in 1970, K&M Tire distributes 20 brands of passenger and light truck tires, seven brands of commercial truck tires and eight brands of farm and utility tires. K&M Tire plans to continue to look for growth opportunities throughout the Midwest.