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