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HARBOR FOODS ADDS TWO TALENTED LOCAL BUSINESS LEADERS TO BOARD OF DIRECTORS

/PRNewswire/ -- Today, Harbor Foods, the West Coast's top family-owned, independent distributor, appointed two new members to their Board of Directors. Lynn...

Les Schwab to buy Plains Tire

Green River Star - Purchase expected to close in August   July 15, 2021 An 80-year-old Wyoming tire company will be purchased by a newcomer to the state that had opened its first tire center in 2019. Les Schwab Tire Centers announced Monday its intent to purchase Pains Tire Company for an undisclosed sum. The sale is anticipated to close in August and encompasses the nine stores Plains Tire operates in the state, including two locations in Green River and Rock Springs. Plains Tire has operated in Wyoming since 1941. The Plains Tire owner Larry Nicholls said the Oregon-based Les Schwab is the right buyer at the time rime.

Les Schwab plans to purchase Plains Tire Co. of Wyoming – Sheridan Media

Les Schwab will purchase Plains Tire for an undisclosed sum, said Les Schwab CEO Jack Cuniff. “We opened our first store in Wyoming in Rock Springs in 2019 with plans to grow our footprint over time. With this purchase, we are able to serve much of the state in one step,” Cuniff said. “Plains Tire is a strong and healthy company, and it’s exciting to be able to speed up our growth by welcoming these stores, employees and customers into Les Schwab.” Plains Tire owner Larry Nicholls said Les Schwab is the right buyer at the right time. “Plains Tire is strong because our hard-working employees provide the excellent service our customers rely on,” Nichols said. “Being part of Les Schwab, a company consistently rated the best in the tire industry, will create even more opportunity for our people, and I know our employees, customers and communities will be well cared for. I don’t believe I could have found a better partner than Les Schwab to sell our family’s company to, and I’m excited to watch these stores grow and flourish.”

Les Schwab buying Plains Tire Co. of Wyoming

Oregon-based Les Schwab will acquire Wyoming's Plains Tire Co.

Les Schwab's new owners will stop paying employees' $3,000 annual dividend

Les Schwab’s new owners will stop paying employees’ $3,000 annual dividend Updated Mar 03, 2021; Posted Mar 03, 2021 The annual dividend had ranged from $3,000 to $3,400 in recent years. Randy L. Rasmussen for The Oregonian/OregonLive Facebook Share Les Schwab liked to talk about how his company’s unusual profit-sharing and bonus plans could build a nest egg for his employees, from managers overseeing his shops to the frontline workers swapping out tires on a hydraulic lift. “That’s why I don’t like to talk about how successful I’ve been,” Schwab told The Oregonian in 1997. “I prefer to talk about how successful my employees are.”