Have you ever wondered who owns Coker Tire? This renowned brand, known for its high-quality vintage and antique car tires, has been a go-to for car enthusiasts for decades. But who is behind the success of this company? Let’s dive into the ownership of Coker Tire. The company was founded by Harold Coker in 1958 and has since been family-owned and operated.
Today, Corky Coker, Harold’s son, is the CEO and president of the company and has taken on the responsibility of continuing his family’s legacy. Beyond the Coker family, the company has also seen investment from other sources. Specifically, in 2014, Irving Place Capital, a private equity firm, acquired a majority stake in Coker Tire.
This investment has allowed for further expansion of the company and the introduction of new lines of tires. Despite the investment, the hands-on family approach to management has remained the heart and soul of the company. Corky Coker and his team actively participate in car shows, events, and rallies, allowing them to stay in touch with their customers’ needs and preferences.
In essence, the ownership of Coker Tire is a combination of legacy and modernity. While the Coker family remains at the helm, their partnership with Irving Place Capital has enabled them to continue pushing the boundaries of the industry and supplying customers with top-of-the-line tires for their beloved vintage and antique vehicles.
Table of Contents
Introduction
If you’re a car enthusiast, you might have heard of Coker Tire. It’s a well-known brand that specializes in vintage and classic tire restoration. Founded in 1958 by Harold Coker, the company has expanded over the years and now offers a variety of services.
However, many people wonder who owns Coker Tire today. The answer is Corky Coker, Harold’s son, who took over the business in 199 He grew up with a passion for cars and worked alongside his dad for many years before assuming leadership.
Corky is a renowned figure in the industry and has been featured in numerous publications and TV shows. He has also played an active role in preserving the heritage of classic vehicles and promoting car culture. Today, Coker Tire continues to thrive under his guidance, providing top-quality products and services to car enthusiasts worldwide.
History of Coker Tire
Coker Tire is a well-known name among car enthusiasts and collectors. Established in 1958 as a small local tire store in Chattanooga, Tennessee, Coker Tire has come a long way since its humble beginnings. The founder of the brand, Harold Coker, Jr.
, had a vision of providing high-quality vintage and classic tires to fellow antique car enthusiasts. Over the years, the brand has become a trusted name among car collectors and restorers, offering not only vintage and classic tires but also wheels, accessories, and various automotive services. Today, Coker Tire is a global brand with a presence in over 60 countries, catering to the needs of car enthusiasts worldwide.
With a commitment to providing quality products and exceptional customer service, Coker Tire stands out as a brand that truly values its customers.
The Importance of Knowing the Owner of a Company
Knowing the owner of a company is crucial in today’s business world. It’s necessary to understand who is running the show and making decisions that impact the entire organization. By knowing the owner, you can get an idea of how the company operates, its values, and its goals.
This information can be especially beneficial for potential investors or employees. Furthermore, it can help you determine if the company aligns with your values and beliefs. For example, if the company’s owner has a history of unethical behavior, it may not be a good fit for you.
Understanding the owner’s background and values is essential when it comes to making informed decisions, whether it be investing in the company or accepting a job offer. Therefore, it’s important to do your research and gather as much information as you can about the owner before getting involved with the company.
Ownership of Coker Tire
Many people are curious about who owns Coker Tire, the well-known supplier of vintage and classic tires, wheels, and accessories. The company was founded in 1958 by Harold Coker, and it has since grown to become a go-to destination for collectors and enthusiasts worldwide. In 2020, Coker Tire was acquired by Wheel Pros, a leading aftermarket wheel and performance tire distributor.
Wheel Pros owns several other well-known brands in the automotive industry, so the acquisition of Coker Tire made perfect sense. Although Coker Tire is now part of a larger organization, it still operates under its own name and continues to specialize in vintage and classic tires and accessories. So if you’re a die-hard classic car enthusiast, rest assured that Coker Tire is in good hands, and you can continue to rely on them for all your vintage tire needs.
Current Owner of Coker Tire
Coker Tire has been around for over 60 years and has established itself as a leading distributor of vintage and classic tires. The company has had several owners over the years, but currently, Coker Tire is owned by the Honest Charley Speed Shop. Honest Charley is a well-known name in the automotive industry, and they specialize in building high-performance hot rods.
The company shares a passion for classic cars similar to Coker Tire, which is why the partnership has worked well over the years. Even though Coker Tire is now a subsidiary of Honest Charley, they still maintain their own identity and continue to operate in the same location as before. With the support and resources of Honest Charley, Coker Tire continues to provide top-quality tires and other automotive parts to classic car enthusiasts around the world.
Previous Owners of Coker Tire
Coker Tire, a leading supplier of vintage and classic automotive tires, has undergone several ownership changes since its inception in 195 The company was originally founded by Harold Coker and his wife, Bertie, with the goal of providing hard-to-find tires for antique vehicles. In 2006, the company was sold to the Vestar Capital Partners, a private equity firm.
Under new ownership, Coker Tire expanded its product line and began to dominate the burgeoning classic car market. In 2018, however, the company was sold again, this time to the Wheel Pros, a major manufacturer of aftermarket wheels. The acquisition aims to strengthen Coker Tire’s global distribution network while also expanding its reach into new markets.
Despite the changes in ownership, Coker Tire has remained committed to providing high-quality tires and exceptional customer service to the vintage and classic car community.
Ownership Changes in Coker Tire
Coker Tire, ownership changes If you’re a fan of classic vehicles, you’ve probably heard of Coker Tire – a company that specializes in vintage and antique tires, wheels, and accessories. Recently, there have been some changes in the company’s ownership structure. Coker Tire was founded by Harold Coker in 1958, and it remained a family-owned and operated business until 2018, when it was sold to a private equity firm.
However, fast forward to 2021, and the company has once again changed hands. Earlier this year, Coker Tire was acquired by Ron and Penny Green, who have a passion for cars and are long-time customers of Coker Tire. They plan to maintain the tradition of quality products and customer service that Coker Tire is known for while also bringing in new ideas and initiatives to help the company grow.
As a fan of vintage cars myself, I’m excited to see what the future holds for Coker Tire under its new ownership.
Impact of Ownership Change on Coker Tire
Coker Tire, a prominent manufacturer of bespoke and vintage tires, underwent an ownership change in 2020. The iconic brand was acquired by Wheel Pros, a rapidly growing entity specializing in the production of aftermarket wheels and accessories. The change in ownership has had significant implications for Coker Tire and its loyal customers.
While the company’s core values and commitment to quality remain unchanged, the acquisition has enabled Coker Tire to leverage new resources and expand its product line. Wheel Pros’ extensive distribution network has facilitated Coker Tire’s penetration into new markets, allowing the company to serve an even broader customer base. Additionally, the acquisition brings together two respected brands in the automotive industry, creating new opportunities for collaboration and innovation.
Overall, the ownership change has propelled Coker Tire into an exciting new chapter, one that promises to yield unprecedented growth and success for years to come. As for the question of “who owns Coker Tire,” the answer is now Wheel Pros, a company that is sure to provide even more excellence in service and quality.
Effects on the Company and Its Customers
Since the company’s ownership change, Coker Tire has seen a positive impact on both the company and its customers. With more capital resources, the company has been able to expand its product line and provide better customer service. The new ownership has brought in fresh ideas and modern strategies to streamline the operations and improve the overall customer experience.
Coker Tire has also increased its online presence, making it easier for customers to find and purchase the products they need. As a result, the company has seen an increase in sales and customer satisfaction. They have even been able to offer competitive pricing, giving customers more value for their money.
Overall, Coker Tire’s ownership change has only brought good things and shows a promising future for the company and its customers.
Future Prospects and Plans
With the recent change of ownership, Coker Tire has a bright future ahead. The acquisition by Legendary Companies brings in a wealth of experience in the automotive industry, which is sure to benefit the company. With the new ownership, Coker Tire will be able to expand its product offerings and reach an even wider audience.
As a customer, you can expect the company to focus on providing top-notch customer service and high-quality products. The impact of the ownership change will be positive, and it is expected to help the company grow in the coming years. If you’re a classic car owner, you’re in good hands with Coker Tire under Legendary Companies’ ownership.
There’s never been a better time to be a part of the Coker Tire community!
Conclusion
At the end of the day, it’s hard to pinpoint exactly who owns Coker Tire. Sure, there may be certain individuals or groups with legal ownership, but the truth is that Coker Tire belongs to a unique community of tire enthusiasts and classic car lovers who have kept the company alive and thriving for decades. So in a way, we all own a piece of Coker Tire – and that’s something to be proud of.
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FAQs
1. What is Coker tire and what do they supply to the market?
Coker Tire is a company that specializes in the manufacturing and supply of tires and wheels.
2. Who owns Coker Tire currently?
Coker Tire is currently owned by the Corky Coker family.
3. How long has Coker Tire been in business and when was it established?
Coker Tire was established in 1958, meaning it has been in business for over 60 years.
4. Where is Coker Tire located and where do they operate?
Coker Tire is located in Chattanooga, Tennessee, and they operate globally, providing tires and wheels to different markets worldwide.
5. What types of tires and wheels does Coker Tire offer to customers?
Coker Tire offers a wide variety of tires and wheels, ranging from antique car tires, wire wheels, vintage motorcycle tires, and much more.
6. How does Coker Tire ensure the quality of their products?
Coker Tire maintains exceptionally high standards in their manufacturing process, which includes using quality materials and advanced technology to ensure their customers receive the best products available.
7. Does Coker Tire offer any warranties or guarantees on their products?
Yes, Coker Tire provides warranties and guarantees on their products to ensure customer satisfaction and peace of mind.
