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K&M Tire to Acquire Kansas-Based Becker Tire & Treading
K&M Tire, Inc. and Becker Tire & Treading, Inc., headquartered in Great Bend, KS announced that they have signed a Letter of Intent for K&M to acquire Becker Tire. The transaction is expected to close at the end of February 2017.
Ken Langhals, President and Founder of K&M said, “We are excited about the opportunity to add Becker Tire and its entire team of dedicated employees to the K&M Tire team. We have admired Becker Tire from afar over the years, beginning with Harold Becker and later his son Wayne and son-in-law, Larry Sisson. Their long history of family ownership is very similar to our own.”
K&M operates 20 distribution centers from Ohio to the Dakotas and down to Texas. Becker has its primary distribution center in Great Bend, KS along with a Bandag retread facility. The original retail store remains in Great Bend with another seven retail outlets located across the state of Kansas. K&M will retain the wholesale business, whereas the retail stores and retread shop will continue to serve customers while operating separately under different ownership.
“This is a very exciting time for Becker and we are thrilled to be able to continue serving our customers in Kansas and the surrounding states,” said Gary Albright, President and CEO of Becker Tire. “With the backing and strength of K&M, this will only enhance and accelerate the growth of the combined business in Kansas and the neighboring states.”
The Becker family view K&M as the right partners and this the right opportunity for Becker to continue its legacy in the tire business. They all agree the benefits of joining a strong industry player such as K&M is a tremendous opportunity for Becker and all of our employees, as the tire industry continues to consolidate and face larger and financially stronger competition.
Posted on January 24, 2017
2016 Dealer Conference
Thanks to our wonderful customers, our Dealer Conference was a huge success! With record attendance, large charity donations, and two cars raffled off; attendees had a great experience at this year’s event in Kansas City.
The 2016 K&M Tire Dealer Conference and trade show was held January 14th and 15th at the Overland Park Convention Center just outside of Kansas City. We covered the bases during the conference, offering eight seminars, a trade show and dozens of prizes, including two grand prize vehicle giveaways sponsored by Cooper Tire and Hankook Tire.
The events at this year’s trade show such as honoring the first annual Mr. Tire/ Big 3 Tire Top Shop recipient to a seminar on improving your bottom line; brought home our theme of ‘Community & Partnership.’ The essence of the theme comes to life within K&M’s own values to make a positive difference in our community, and to make the customer the most important person in our business.
We had 26 tire manufactures represented during the trade show and another 20 non-tire vendors, allowing attendees to see their products and find out about their programs. Non-tire vendors included representatives for automotive parts, batteries, computer software, consumer financing, and more.
Chris Moore of Lonnie’s Tire in Independence, MO, was the ecstatic winner of a 2016 Dodge Charger R/T courtesy of Cooper Tire. Lonnie’s Tire had 6 of the approximately 2,500 entries in the drawing. The 2016 BMW 3 Series was awarded to TMA Sioux Falls by Hankook Tire.
The inaugural winner of the Mr. Tire/Big 3 Tire Top Shop Award, sponsored by Hankook Tire and supported by O’Reilly Auto Parts was McMahon Tire Service in Ft. Wayne, IN.
The dealer convention also gave dealers the oportunity to network and share ideas with other shop owners from across the country. Hope to see you at the next K&M Tire Trade Show in 2017!
Posted on March 01, 2016
K&M Tire Fitness Center Opening
K&M Tire celebrated the grand opening of their employee fitness center at their headquarters in Delphos, Ohio, on Tuesday, October 20th. An employee lunch featuring a presentation from Activate Allen County was held as part of the official opening.
The idea of an on-site fitness center had been a discussion topic at K&M for the past 18 months. It blends will with the company’s focus on a healthy lifestyle.
While the fitness center is new, the emphasis on health is not. The company’s medical plan is a comprehensive guide to improving health with resources for employees on how to improve their overall wellbeing. Employees on the plan have the opportunity to participate in the Virgin Pulse Pedometer initiative that rewards them for being active. In addition, the plan also has a Live Your Best Life Incentive Program encompassing a wide variety of activities from wellness checkups to gym memberships to smoking cessation programs and much more.
The fitness center will be available 24 hours to the 150 people employed at the Delphos location.
The Delphos location is also in the process of building an 87,000-square-foot addition to the warehouse. Cheryl Gossard, K&M Tire Vice President, commented, “The timing of our expansion provided a perfect opportunity to make the fitness center a reality. Our employees lead very active lives and by having the fitness center conveniently located and open 24/7, they have the flexibility to get their workouts accomplished in a way that meets their schedules.”
With the addition of the new fitness center, alongside the health improvement insurance plan, K&M is committed to helping their employees achieve their best health status.
K&M Tire was founded in 1970 by Ken Langhals as a two-bay gas station. Today, the company employs over 500 employees at 20 locations across the Midwest, Great Plains, and South Central regions of the United States.
Posted on October 21, 2015
K&M Tire Acquires Midwest Tire & Muffler
K&M Tire has acquired Midwest Tire & Muffler Inc. located in the Dakotas. Midwest Tire & Muffler operated three distribution centers in Sioux Falls and Rapid City, SD; and Bismarck, ND.
K&M plans to consolidate the Bismarck warehouse into its existing distribution center there. With the addition of the two South Dakota locations, K&M Tire now operates 20 warehouses.
The acquisition, effective October 5th includes Midwest Tire & Muffler’s tire inventory, delivery trucks, and the opportunity to serve their customers. K&M Tire also welcomed all Midwest Tire & Muffler employees to the K&M Tire team.
In an open letter to customers, former Midwest Tire co-owners Dwayne Rydell and Larry Haley said “With an opportunity from an amazing company who values their customers and employees as we do, [we] have entered into a purchase agreement to sell Midwest Tire & Muffler, Inc. to K&M Tire. Going forward, all of the sales and warehouse staff with Midwest Tire & Muffler, including [Dwayne] will become employees of K&M Tire. Therefore, you will continue to be served by a lot of the same people you have done business with over the years. The ownership will be different but the product offering, programs available to you, and the service will only get better.”
Midwest Tire & Muffler carried 15 tire brands and distributed various equipment.
“This acquisition will allow us to grow our customer base in North and South Dakota and to better serve some of our current customers in these areas," said Cheryl Gossard, K&M Tire Vice President. "We're very excited about this opportunity. Customer service is our number one priority and we're looking forward to serving our new customers in these areas with our expansive product offering and dependable deliveries."
A family-owned company, K&M Tire was founded in 1970 by Ken Langhals as a two-bay gas station.
Posted on October 05, 2015
K&M Tire Dealer Council in Chicago
During the middle of July, K&M Tire had the pleasure of being joined by many of our Dealer Council members in Chicago, IL. The Dealer Council members are selected by K&M Tire from across the country to provide feedback and share their experiences with K&M management. During the two-day event, dealers met with K&M and enjoyed a tour of the Bridgestone Distribution Center in Woodridge, IL.
Meeting with the Dealer Council helps K&M stay in touch with our customers and ensures that we understand their needs and wants. K&M Tire wants to work with our customers to help them succeed in their business. The Dealer Council is one tool used by K&M as we work towards continuous improvement.
As we strive to keep the customer the most important person in our business, the K&M Tire's Dealer Council will continue to play a fundamental role in keeping us in touch with our customers.
Dealer council members include Brent Colgrove, Farmers Cooperative, Plymouth, NE; Brian Delcambre, Teche Farm Supplies, Jeanerette, LA; Dennis McBride, Farmers Coop, Ainsworth, NE; Jim Heyen, CPI, Trumbull, NE; Loren Brantsen, Coop Gas & Oil, Sioux Center, IA; Paul Schlichting, Farmers Union Oil, Garrison, ND; Randy Schell, Farmers Union Oil, Devils Lake, ND; Terry Zvolanek, Midway Coop, Osborne, KS; Bobby Little, Rice Farmers Coop, El Campo, TX; Jeff Schledewitz, Panhandle Coop, Sottsbluff, NE; Ed Kiekover, OK Tire, Zeeland, MI; Dave Pfoff, Allen Tire, Bellefontaine, OH; Doug Eichten, Schierl Tire, Marshfield, WI; Kelly Praus, Dvorak Motors, Bismarck, ND; and John Johnson, Checkpoint Tire, Wheeling, IL.
Posted on July 30, 2015
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