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

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has 345 employees in its U.S. headquarters in Palm Beach Gardens. The job growtjh incentive proposal would give thecompany $40,000 in countt funds for keeping those jobs. and addintg and maintaining 50 more jobs asTBC Corp. looks to creatd a new global headquarters, said Kelly president of the Business Development Boarr of PalmBeach County, whichn helped arrange the potential deal. The jobs would pay an averagw annual salaryof $62,500, excluding benefits. TBC Corp. will be lookingg to locate its a new internationalo headquarters intoabout 75,000 square feet of officexs somewhere in northern Palm Beacn County, Smallridge said. Her office estimated the deal would havea $10.
6y million economic impact. “This is exactly the type of operatiob we have been Smallridge said. “We are really excitedx about landing this corporate headquarters and adding it to ourimpressive portfolio.” Smallridge cautioned that the deal isn’t a sure The move would be a consolidation of TBC Corp.'w operations in the western U.S., so Colorado, Tennessee and Pennsylvani a also are competing for the deal, Smallridge said. TBC is a subsidiary of Japan-basefd According to its Web site, TBC Corp. has its private brandse officein Memphis, Tenn.; its office in Centennial, and its Treadways office in Eagleville, Pa.
TBC has 7,000 employees and 738 retail stores operatinf under the namesTire Kingdom, and (NTB), plus 491 franchisee stores. Big O Tires is a franchiser with more than 500 Its subsidiary operates 38 warehouses that distributs tires to morethan 10,000 The private brands division of TBC Corp. manufactures tiresw under the names Multi-Mile, Sigma and Vanderbilt If count commissioners approvethe $40,000 job growth incentives package on Tuesday, then the governor’s office could approve an additional $160,009 in Qualified Target Industry incentives if the company adds and maintains 50 more jobs.