Expansion through acquisitions Southern Tire Mart has been actively expanding through acquisitions, such as the recent acquisition of Country Tire, Tulare Firestone, and Friend Tire Company. These acquisitions have increased the company's presence in California and added wholesale-distribution locations, presenting opportunities for cross-selling and expanding customer base.

Strategic partnerships The partnership with Bridgestone showcases Southern Tire Mart's ability to form strategic alliances with key players in the industry. Leveraging partnerships with major brands can open doors for collaboration on joint marketing campaigns, promotions, and access to a wider customer network.

Lawsuit result in potential business The lawsuit filed against the City of Odessa for purchasing tires from a competitor presents an opportunity for Southern Tire Mart to secure a significant contract if the case is ruled in their favor. Winning the lawsuit could lead to a new government contract and establish the company as a preferred supplier in the region.

Investment in assets The acquisition of 26 GCR stores and five retread plants demonstrates Southern Tire Mart's commitment to investing in expanding its operational footprint. With increased assets, the company can offer a broader range of services, attract more customers, and potentially explore new markets for expansion.

Leadership in retreading As the leading truck retreader in North America, Southern Tire Mart's expertise in retreading offers a competitive edge. Capitalizing on this expertise can lead to opportunities to provide retreading services to more commercial truck fleets, demonstrating cost savings and environmental sustainability benefits, which are key selling points in the industry.