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GPX International Tire purchases Maine Industrial Tire

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GPX International Tire Corporation

On April 19, 2006, GPX International Tire Corporation of Malden, Massachusetts, purchased Maine Industrial Tire Ltd. of Gorham, Maine. GPX sells tires for use in industrial equipment and MITL designs and manufacture premium quality solid industrial tires. With the MITL acquisition, GPX will have over 1,000 employees and facilities in North America, Europe and Asia.
Ralph Nero and Ross Gascho of Fasken Martineau provided employment and pension and benefits advice to GPX in this transaction.

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