Singapore Company Relocates US Headquarters to Charlotte

Stamford Tires & Wheels, Inc. has relocated its corporate headquarters from Medley, Florida to Charlotte. The company recently leased an 80,400 sq. ft. office and distribution facility at 929 Jay Street and expects to hire 20 employees in its first two years of operation.

The Chamber worked with Stamford Vice President and Chief Operating Officer Jim Seidel during the relocation. A former director of dealer sales for Continental Tire North America, Seidel considered several cities before choosing Charlotte.

”The Charlotte region is in a growth mode with many positive things happening here,” says Seidel. He also cites Charlotte’s strategic location, distribution infrastructure, pro-business climate and high quality of life as key factors in the decision to locate here. “With the new Charlotte distribution center,” says Seidel, “we are now able to effectively service tire and wheel dealers from Miami to New York and most cities east of the Mississippi with one-day delivery.”

Singapore-based parent company Stamford Tyres Corporation Limited is Southeast Asia’s largest independent tire and wheel distributor. Stamford manufactures light alloy wheels and contracts with numerous tire manufacturers for specialty lines. The company’s shares are traded on the Singapore stock exchange.

The new Charlotte operation comprises US headquarters and a second distribution center that focuses on the marketing and delivery in the United States of Stamford’s proprietary Sumo line of tires for passenger cars, light and commercial trucks, farm equipment, and off-the-road vehicles. In addition, the Charlotte center distributes the company’s own alloy and SSW wheels. Stamford’s distribution center in Florida will continue to focus on Latin American markets.

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