GREENSBORO, N.C. (April 7, 2009)—Snider Tire Inc., North America's ninth largest truck tire retreader, is switching its retread process to Michelin Retread Technologies from the Bandag system, effective May 1.
With daily capacity of about 1,250 retreads at eight plants throughout the Southeast, Midwest and Southwest, Snider Tire is considered Bridgestone Bandag Tire Solutions L.L.C.'s third largest franchisee in the U.S.
Snider has been affiliated with Bandag since 1985.
Neither Snider Tire nor Michelin Retread Technologies parent Michelin North America Inc. gave a timetable for the conversion or said how many plants Snider would operate.
With estimated sales of $180 million and 31 commercial service centers in eight states, Snider Tire is considered the fifth largest commercial tire dealer in the U.S., according to Tire Business' annual survey of the industry. Snider has commercial outlets in Arkansas, Georgia, Indiana, North Carolina, Ohio, South Carolina, Texas and Virginia.
Snider Tire will be Michelin Retread's 45th franchisee in North America.
Bridgestone Bandag said it has received only verbal notice of Snider Tire's intent to cancel its Bandag franchise agreement and therefore has not yet determined an end date for their relationship.
Bridgestone Bandag said other franchised Bandag locations in the affected states are available to provide Bandag retreads and commercial services to fleets now serviced by Snider Tire.