Robert Foord is transitioning to the role of executive vice-chair of the board after 15 years as president of Kal Tire and 37 years with the company his father founded. Corey Parks assumed the role of president effective 1 March 2024.
Kal Tire and Bridgestone Canada have reached an agreement for Kal Tire to purchase 15 full-service GCR Tires & Service (GCR) outlets, two retreading plants and one off-the-road tyre repair shop from Bridgestone. The purchase of these locations will enable Kal Tire to serve more consumer, commercial and mining customers in the Canadian markets where it currently operates, as well as expand its footprint to include locations in eastern Canada.
The Kal Tire Mining Tire Group has acquired the South African operations of Tyre Corporation. It is hoped that the transaction, which took place for an undisclosed sum, will enable the growth achieved by Tyre Corporation in South Africa over the past decade to continue. It also gives Tyre Corporation’s customers access to Kal Tire services such as its exclusive Ultra Repair process for ultra-class tyres.
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