Michelin selling tire centres to US retreader

Oklahoma City, Oklahoma — Michelin North America Inc. has agreed in principal to sell the assets of 16 TCi Tire Centers Inc. commercial service locations in Kansas, Louisiana, Missouri and Texas to T&W Tire of Oklahoma City.

For T&W Tire, which allied itself with the Michelin Commercial Service Network and Michelin Retread Technologies (MRT) in 2013, the deal will double the number of commercial service outlets it operates and expand its coverage base to Louisiana and Missouri.

Michelin did not elaborate on its reasons for…

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