Wholesale tire distributor K&M Tire Inc. is coming to Kansas. The company purchased an 81,640-square-foot warehouse at 3801 Greenway Circle in Lawrence and plans to open for business in early August.
K&M Tire will deliver passenger, light truck, commercial truck, farm and utility tires to tire retailers in Kansas and Missouri out of its new location. The company will create 17 new jobs and make a capital investment of more than $3 million.
“We anticipate this new location will grow to be one of our highest sales volume warehouses west of the Mississippi,” said Cheryl Gossard, vice president of K&M Tire. “Several of our tire manufacturers have stepped up to show their support of our decision to move in to this area.”
Founded in 1970, Ohio-based K&M Tire operates 12 warehouses in 10 states servicing customers in more than 20 states from Ohio to Kansas. The company distributes 19 brands of passenger and light truck tires, seven brands of commercial truck tires, and eight brands of farm and utility tires.
“I want to welcome K&M Tire to Kansas,” said Commerce Secretary Pat George. “K&M started as two-bay gas station in 1970s, and today it has grown to have multiple operations in 10 states. I’m excited that Kansas could provide the right business environment to accommodate the company’s future expansion and job growth.”
“Due to our region’s central location, low costs and transportation assets, the Kansas City area is an ideal location for K&M Tire to grow and succeed,” said Bob Marcusse, president and CEO of the Kansas City Area Development Council, which works to attract business and industry to an 18-county metro region.
The Kansas City Area Development Council, the Kansas Department of Commerce, the city of Lawrence, the Lawrence Chamber of Commerce, Kessinger/Hunger & Co., LC, Colliers International and KC SmartPort worked together to bring K&M Tire to Lawrence.