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Old 11-21-2018, 02:22 AM   #22
apbright
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Join Date: Dec 2012
Location: San Francisco, CA
Posts: 169
Default Re: coker tire has sold out-mentioned on AACA

I do find this mildly terrifying, as while most every Model A metal item can be either restored from an original from e.g. Bert's, or then replaced by a catalogue-part from Timken, and soft materials can be re-done by a local, experienced upholsterer, as far as I know there is no means for restoring a tire, repo or otherwise.

Yet I also believe some umbrage can be taken from several things. Firstly, Mr. Kawasaki, who has been with the company for some years, will remain so. Secondly, it seems to be a 'management buyout,' which to me means the original owning family wished to cash-out, and the existing management simply turned to a private equity firm to obtain the needed funds. Thirdly, the private equity firm concerned, Irving Place Capital, seems to have some specialty in special-sector companies like Coker Tire.

Re: Lucas Tire - does anyone know if they manufacture their own tires, are are they just a reseller?
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