Bridgestone,Goodyear 50/50 Wholesale JV ...TireHub

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AKRON — Bridgestone Americas and Goodyear are combining their respective U.S. wholesale tire distribution assets into a 50/50 joint venture, called TireHub L.L.C., that will operate through 80-plus distribution centers nationwide.

TireHub will be based in Atlanta and managed by an independent management team led by CEO Peter Gibbons, a veteran business and supply chain executive.

The announcement was made Monday evening after the close of the business in a news release distributed by both tire makers.

TireHub will combine Goodyear's company-owned wholesale distribution network with Bridgestone's Tire Wholesale Warehouse (TWW) subsidiary, the venture partners said.

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