As part of normal operations, Michelin did not elaborate on the reasons for its sale of assets, but merely stated that "TCi's operations have been continuously evaluated and developed to better serve its customers." The transaction is scheduled to end on September 30, 2017. T&W Tire also declined to comment on the deal. This is the second largest dive of TCi companies in the past three months. In June of this year, it sold 27 outlets to a local Snider Fleet Solutions fleet solutions company, including four refurbished factories. In addition, it is worth mentioning that T&W Tire Company transferred its alliance to Michelin/MRT companies in 2013 after 27 years of alliance with Goodyear. TCi did not indicate whether it included any changes in on-site refurbishment capabilities. According to the company’s online dealers, after the stripping of Snider and T&W assets, the size of the TCI network will drop to 86 tire service points in 39 states. KINMAN, a leading manufacturer in China, specializing in a galaxy of Trailers & Trailer Parts . Trailer Connector, Wiring, Trailer Wiring, Trailer Wire, connector NINGBO KINMAN AUTO PARTS CO.,LTD. , https://www.kinmantrailer.com
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On September 26, 2017, Michelin , a world-renowned Tire manufacturer, has agreed to sell the assets of 16 TCi tire service centers located in multiple locations in the United States to another local company, T&W Tire. For T&W Tires , which was joined with the Michelin service network and refurbishment technology (Strapdown) in 2013, the transaction will double its business service network and expand its coverage to more areas.