TAG Truck Centers and the Lonestar Truck Group announced Tuesday they have merged into a new company called TNTX effective Jan. 1, 2018.
TAG operates ten Freightliner dealerships in Tennessee, Arkansas, Mississippi, Missouri and Kentucky, and also has a Western Star franchise in Missouri and Kentucky. The Lonestar Truck Group operates 12 Freightliner and Western Star dealerships in Texas, New Mexico, Louisiana and Arkansas, and one parts-only location in Gurdon, Ark.
TNTX will adopt a new name in the future. In the interim, the companies will operate as TAG Truck Center, a division of TNTX and Lonestar Truck Group, a division of TNTX.
“This merger is unique in that there is no change in ownership and below the executive level, no changes in reporting responsibilities, making the change angst free for employees and customers,” says Gary Dodson, CEO of the new venture. “The companies are both on the Procede dealer management system and have shared the same IT support team since 2007, so there are no changes to which the employees must adapt. Customers will see no difference in operating philosophies or policies as our ownership group was closely aligned and worked together for many years prior to this merger.”
Dan Stevens, COO of Lonestar Truck Group, adds, “We believe this merger ensures that our employees will be able to continue to work for hands on impassioned owners who are immersed in the Elite Support and Continuous Improvement methodology for many years to come.”
TNTX will represent in excess of $700 million in annual sales and employ approximately 1,000 employees in 23 locations making it one of the largest Daimler Truck North America (DTNA) dealers in the country.