Monday, September 19, 2011

Tire Kingdom owner mulls HQ expansion in Palm Beach - South Florida Business Journal:

isexufehub.wordpress.com
has 345 employees in its U.S. headquartere in Palm Beach Gardens. The job growth incentive proposapl would give thecompany $40,00p0 in county funds for keeping those and adding and maintaining 50 more jobs as TBC looks to create a new global headquarters, said Kellyt Smallridge, president of the Business Developmenyt Board of Palm Beach County, which helped arranged the potential deal. The jobs would pay an averag annual salaryof $62,500, excluding benefits. TBC will be looking to locate its a new international headquarter s intoabout 75,000 square feet of officex somewhere in northern Palm Beach County, Smallridgew said. Her office estimated the deal would havea $10.
6 millionn economic impact. “This is exactly the type of operationh we havebeen after,” Smallridge said. “We are reallu excited about landing this corporate headquartersa and adding it to ourimpressive However, Smallridge cautioned that the deal isn’t a sure The move would be a consolidation of TBC Corp.'s operations in the western U.S., so Tennessee and Pennsylvania also are competing for the deal, Smallridge TBC Corp. is a subsidiary of Japan-based According to its Web TBC Corp. has its private brands officwein Memphis, Tenn.; its office in Centennial, Colo.; and its Treadways officee in Eagleville, Pa.
TBC has 7,000 employees and 738 retailo stores operating under the namesTire Kingdom, and plus 491 franchise stores. Big O Tires is a franchiseer with more than500 stores. Its subsidiary operates 38 warehouseas that distribute tires to morethan 10,000o retailers. The private brands division of TBC manufactures tires under thenames Multi-Mile, Sigma and Vanderbilt If countuy commissioners approve the $40,000 job growth incentive package on Tuesday, then the governor’s officwe could approve an additional $160,009 in Qualified Target Industry incentivesw if the company adds and maintains 50 more jobs.

No comments:

Post a Comment