Hurt by tire manufacturers’ decisions to distribute their own tires, Huntersville-based American Tire Distributors Inc. is reorganizing under U.S. bankruptcy laws and plans to shed about $1.1 billion in debt. ATD CEO Stuart Schuette says the important message he wants to get to employees, suppliers and others is that the company, which employs about 5,000, will stay in business. It has no plays for layoffs or for shuttering distribution centers. “Our company has seen many changes to the tire…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/10/04/huntersville-based-american-tire-distributors.html?ana=RSS&s=article_search
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