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

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has 345 employees in its U.S. headquartersd in Palm Beach Gardens. The job growtb incentive proposal would give thecompant $40,000 in county funds for keepinyg those jobs. and adding and maintaininv 50 more jobs asTBC Corp. lookse to create a new global headquarters, said Kellyy Smallridge, president of the Business Development Board of PalmBeach County, which helped arrangr the potential deal. The jobs woule pay an average annual salary of excluding benefits. TBC Corp. will be looking to locatd its a new international headquarters intoabout 75,000p square feet of offices somewhere in northern Palm Beachn County, Smallridge said. Her office estimated the deal would havea $10.
6 million economic impact. “This is exactly the type of operatioh we havebeen after,” Smallridge “We are really excitede about landing this corporate headquarters and adding it to our impressive However, Smallridge cautioned that the deal isn’t a sure The move would be a consolidationn of TBC Corp.'s operations in the western U.S., so Colorado, Tennessee and Pennsylvania also are competinfg for the deal, Smallridge said. TBC is a subsidiary of Japan-based According to its Web TBC Corp. has its privatwe brands officein Memphis, Tenn.; its officwe in Centennial, Colo.; and its Treadwayw office in Eagleville, Pa. TBC Corp.
has 7,000 employees and 738 retail stores operating under the namewsTire Kingdom, and plus 491 franchise stores. Big O Tires is a franchiserf with more than500 stores. Its subsidiaru operates 38 warehouses that distributed tires to morethan 10,000 retailers. The private brands division ofTBC Corp. manufacturee tires under the namews Multi-Mile, Cordovan, Sigma and Vanderbilt If county commissionersd approvethe $40,000 job growth incentive packager on Tuesday, then the governor’s office coulde approve an additional $160,000 in Qualifiedr Target Industry incentives if the company adds and maintainsx 50 more jobs.