Specialty tyre firms Galaxy, Dynamic planning to merge

Malden, Massachusetts (June 8)–OTR tyre maker Galaxy Tire & Wheel Inc. and industrial tyre marketer Dynamic Tire Corp. are planning to merge under a holding called GPX Tire & Wheel Inc..

In a note sent to customers, the companies said that GPX Tire will be the holding company, though Malden-based Galaxy and Brampton, Ontario-based Dynamic will continue to operate as separate entities. All programs and current deals for 2005 remain in place, and current pricing levels–set June 1–also will be unchanged.

Robert Sherkin, president of Dynamic, will…

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