Big O Tires

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Big O Tires
Type Franchise
Predecessors OK Tires
Founded 1962 (1962)
Headquarters Palm Beach Gardens, Florida, North America
Products Automobile tires
Services Selling and servicing tires, wheels, and alignments. Oil changes, battery replacement, struts installation, and brake service
Owners TBC Corporation
Parent TBC Corporation
Website http://www.bigotires.com/

Big O Tires, LLC. is North America's largest franchiser of tire retailers. It is headquartered in Palm Beach Gardens, FL, and has more than 400 franchises in 20 U.S. states. It sells its own Big O private brand tires and other brands. In addition to selling and servicing tires, wheels, and alignments, Big O Tires provides basic maintenance and replacement services such as oil changes, battery replacement, struts installation, and brake service. Because Big O Tires is a wholly owned subsidiary of TBC Corporation, its franchisees are located in markets not served by the TBC-owned Tire Kingdom, NTB, and Merchant Tire chains.

History[edit]

The company was founded in 1962, when it split from OK Tires. In 1996, it was acquired by TBC Corporation, which also owns Tire Kingdom, NTB, and Merchant Tire.[1] In 2006, TBC was acquired by Sumitomo Corporation of America.[2] Big O Tires remains a wholly owned subsidiary of TBC Corporation.

In a landmark case in 1977, Big O Tires was awarded $19.6 million from Goodyear over Goodyear's use of the name "bigfoot" tires. The amount equaled 25% of Goodyear's advertising budget in the states where Big O operated. The amount was reduced on appeal and the case was later settled.[3]

References[edit]

  1. ^ "TBC to Buy Outstanding Shares of Big O Tires" The New York Times. 1996-05-03. URL retrieved 2006-12-02
  2. ^ "Sumitomo Corporation of America Completes Acquisition of TBC Corporation". Business Wire. 2005-11-17. URL retrieved 2006-12-02.
  3. ^ Doan, Amy. "Xbox Name May Cost Microsoft". Forbes. 2001-02-05. URL last retrieved 2006-12-02.

External links[edit]