North Carolina company buys Hercules Tire

Hercules Tire & Rubber Co., headquartered in Findlay, has been bought by independent replacement tire supplier American Tire Distributors, Huntersville, N.C., for $310 to $320 million.

Between its headquarters, at 16380 U.S. 224, and warehouse, at 14801 Marion Township 212, Hercules employs 84 in Findlay. Sixty of the workers are employed at the headquarters.

American Tire Distributors has not decided yet if it has any changes in store for Hercules and its Findlay operations. That will be studied for months, said Ron Sinclair, senior vice president of marketing for American Tire Distributors.

“We’re really excited about joinng forces with Hercules,” Sinclair said.

“Hercules is a well-run company with an outstanding reputation in the industry,” said William Berry, chief executive officer of American Tire Distributors.

 

Comments

comments

About the Author