RECENT RELEASES
Truck Pro Purchases Carolina Rim And Wheel CompanyCHARLOTTE, NCDec 17, 2012
TruckPro, LLC (“TruckPro”) announced today it has completed the purchase of Carolina Rim and Wheel Company (“CRW”). The acquisition includes the five CRW store operations across the Carolinas and Georgia. Charlotte, N.C. based CRW, founded in 1926, is one of the industry’s leading independent distributors of heavy duty truck & trailer products. The acquisition gives TruckPro a strong foothold in the Carolina and Georgia markets. The addition of CRW to the TruckPro family brings the number of store operations across the United States to 65.
CRW will continue to operate as it has in the past with substantially all of CRW’s associates. In addition, CRW’s President, Tom Stewart, will assume an executive role with TruckPro. “I am excited about the future prospects as we bring our two high-performing businesses together, creating a more powerful enterprise,” explains Steve Riordan, Chairman and Chief Executive Officer of TruckPro, LLC.
The acquisition provides substantial service enhancements for CRW customers – including access to broader product lines, additional inventory and a more robust distribution network. As Tom Stewart notes, “The two companies share the same culture, providing the most responsive customer service in the industry while also placing a strong emphasis on associate and supplier relations. That’s one of the main reasons we decided to merge.” He adds, “Our customers will continue to be supported by the same staff they’ve grown to depend on with the added world-class resources and capabilities that TruckPro provides. The new partnership between our companies will greatly benefit our customers, associates and suppliers alike.”
