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OLIVER RUBBER ADDS NEW JERSEY RETREAD PLANT

Service Tire Truck Centers' facility in Millville joins Oliver North American network

GREENVILLE, S.C., Feb. 18, 2016 – Oliver Rubber, a leading provider of products and services to the tire retreading industry, announced today the opening of a new Service Tire Truck Centers Inc. (STTC) retread facility in Millville, N.J. This facility will increase Oliver Rubber's capacity to service the southern New Jersey/Pennsylvania market with the brand's high-quality retreading and related services. The Oliver North American dealer network spans more than 100 retread shops.

"STTC has a long track record of helping commercial truck owner/operators minimize downtime and control costs while keeping their vehicles running at peak performance, an approach that aligns well with the Oliver brand," said Scott Murray, vice president and director of sales, Oliver Rubber Company, LLC. "We are excited about STTC joining the Oliver family."

STTC is currently a Michelin truck and earthmover tire dealer. With the addition of Oliver retread products, STTC will expand its portfolio of commercial products and services. This addition will focus on intermodal business and Oliver offers an excellent product mix and process to compete in this fleet segment.

"With the addition of the Oliver product line, STTC is positioned to provide the right tread for any type of customer or government entity," said Walter J. Dealtrey, chairman, Service Tire Truck Centers, Inc. "Intermodal companies realize the importance of having quality retreads to minimize their tire-related downtime. For us, Oliver will fill that need."


About Oliver
Headquartered in Greenville, S.C., Oliver Rubber employs over 450 professionals in the design, chemistry, mixing, extrusion and pressing processes. Oliver Rubber is one of the leading providers of quality tread rubber products, services, manufacturing equipment and systems for the North American retreading industry and operates two manufacturing plants in the U.S. Oliver Rubber is a wholly-owned subsidiary of Michelin North America, which acquired the company in 2007.

About Service Truck Tire Centers
Celebrating its 60th anniversary, Service Tire Truck Centers Inc,. has been serving the transportation industry with quality products and services since 1955. STTC has over 40 locations in eight states in the Northeast to provide solutions and information to allow customers to make confident business decisions on how to increase vehicle uptime, increase vehicle utilization, and increase tire durability. STTC, an independent dealer selling Michelin, BFGoodrich, and other brand name tires, also operates three Michelin Retread Technology (MRT) plants that produce over 1,000 tires per day. STTC also offers earthmover products and Service Tech, a vehicle services and repairs division that offers both mobile and drive-in services.


Contact:
Mary Ann Kotlarich
Michelin North America
864.458.4884
Mary-ann.kotlarich@michelin.com