Eleven years later, Tire & Battery Corporation went public (NASDAQ: TBCC).
In 2005, the company was purchased by Sumitomo Corporation of America (SCOA), one of Japan's major integrated trading and investment business enterprises.
In 2018, Michelin North America and Sumitomo Corporation of Americas combined their respective North American tire distribution and related service operations in a 50–50 joint venture agreement, creating National Tire Wholesale (NTW).
Through distribution centers, the company also markets directly to independent tire dealers across the United States.
NTW sells a wide variety of proprietary and national brands from over 100 distribution centers.