# Michelin and Sumitomo form 50-50 tire distribution JV in North America

Michelin North America and Sumitomo Corporation of Americas announced a definitive agreement to combine their North American replacement tire distribution and service operations in a 50-50 joint venture, forming the second-largest wholesale tire player in the US. The combined unit will operate under the brand NTW as part of TBC Corporation.

- Type: Partnership
- Announced: 2018-01-03
- Where: United States
- Status: announced
- Products: tires

## Companies

- [Michelin North America](https://endata.com/companies/29148.md) (partner)
- [Sumitomo Corporation of Americas](https://endata.com/companies/29149.md) (partner)

## Sources

- [sumitomocorp.com](https://www.sumitomocorp.com/en/easia/news/release/2018/group/20180104_1), 2018-01-03: "This partnership with SCOA will better position us to serve our retail customers and ensure that consumers have access to our products when and where they need them."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.