Interstate Batteries
 | This article contains promotional content. (June 2024) |
 | |
| Company type | Privately held company |
|---|---|
| Founded | 1952 |
| Headquarters | , United States |
Key people | Lain Hancock, President & CEO |
| Products | Automotive, marine/RV, mobility, lawn and garden batteries and more. |
| Revenue |  US$1.5 billion (2013) [1] |
Number of employees | 1,500 corporate employees (2013) |
| Subsidiaries | Interstate All Battery Center |
| Website | interstatebatteries.com |
Interstate Battery System of America, Inc., a.k.a. Interstate Batteries, is a US privately owned battery marketing and distribution company. It markets automotive batteries manufactured by Brookfield Business Partners, Exide Technologies, and others through independent distributors. The company is headquartered in Dallas, Texas,[2][3] and it also markets marine/RV, mobility, motorcycle, lawn and garden, and other lines of batteries in the starting, lighting and ignition (SLI) markets. Interstate Batteries operates a distributor network that supplies batteries to over 200,000 dealers.[4] They also have distributors in Bermuda, Bolivia, Canada, Costa Rica, the Dominican Republic, Guatemala, Guyana, Haiti, Honduras, Nicaragua and Panama. Additionally, they operate over 200 corporate and franchise owned retail stores.[5]
History
[edit]In the spring of 1950, John Searcy began selling and delivering car batteries to wholesalers in the Dallas/Fort Worth area from the back of his red Studebaker pickup truck.[6] After two years, Searcy founded his new company, naming it Interstate Battery System after the new interstate highway system being built across the U.S.[1][5]
In 1978, John Searcy retired and left the company under the leadership of President and Chairman Norm Miller. Norm Miller continued the company's expansion so that by the 1980s Interstate Battery had distributorships in all 50 US states and Canada. During that time they also created the Interstate Batteries Great American Race, which for 13 years took vintage car owners and their vehicles on a two-week, cross-country rally. This led to other marketing schemes such as advertising on the Paul Harvey news radio show, running national TV commercials, and sponsoring champion.[1]
In 1990, Norm's brother Tommy Miller became Interstate Battery's president and CEO while Norm remained chairman of the board.[7] As a result, Interstate Battery became heavily involved in NASCAR. Interstate Battery became title sponsor of coach Joe Gibbs' new Winston Cup team in 1992[7] which eventually won the Winston Cup Championship in 2000.[1] In March 2004, Carlos Sepulveda became president and CEO[8] and went on to lead the company for almost a decade until leaving in 2013 to join Triumph Bancorp Group.
Interstate Batteries has partnered with Universal Technical Institute (UTI) since 2018 to supply batteries exclusively for UTI’s training programs in automotive, diesel, and marine technology. This partnership ensures that students receive hands-on experience with leading industry equipment.[9]
Since 2016, Interstate Batteries has recycled around 3.08 billion pounds of lead, keeping over 77 million car batteries out of landfills. This significant environmental effort is supported by Interstate's recycling team and its extensive network of distributors across North America. These distributors collect used batteries from dealers, ensuring they are recycled responsibly.[10]
Norm Miller's son Scott became president and CEO in 2013.[1] In February 2023, the company announced Lain Hancock as the new CEO and Scott as Executive Chairman of the Board.[11]
Motorsports
[edit]
Interstate Batteries currently sponsors NASCAR driver Ty Gibbs and the Joe Gibbs Racing team. Other notable drivers include Kyle Busch, Bobby Labonte, Dale Jarrett, Matt Kenseth (as standby driver in 1999 at Darlington and as main driver in 2017 at Daytona the Clash race) and J. J. Yeley. In 2010, the company began sponsoring NHRA Pro Stock driver Mike Edwards.
References
[edit]- ^ a b c d e Interstate History "Interstate Today | Interstate Batteries". Archived from the original on October 4, 2015. Retrieved October 1, 2015.
- ^ Mosier, Jeff (December 12, 2017). "Dallas' Interstate Batteries jumps from a 200-store presence to 5,000 with Advance Auto Parts deal". The Dallas Morning News.
- ^ Brown, Steve (December 2, 2021). "Interstate Batteries headquarters moving to tollway tower". The Dallas Morning News.
- ^ Rosengren, Cole (May 23, 2016). "Aqua Metals, Interstate Batteries team up on new recycling process". Waste Dive.
- ^ a b Hunter, Glenn (April 1, 2018). "Charged Up. A new partnership has Scott Miller's Interstate Batteries poised to rev its engines". D Magazine.
- ^ Reed, William (November 11, 2015). "BUSINESS EXCHANGE: Doing Business by the Good Book". The Washington Informer.
- ^ a b Engle, Greg. "How A 30-Year-Long Nascar Sponsorship Came To Be". Forbes.
- ^ "CNK : DEF 14A : Proxy Statements". Yahoo Finance. April 6, 2023.
- ^ "Universal Technical Institute and Interstate Batteries renew alliance for five more years". Yahoo Finance. April 18, 2024.
- ^ "Interstate Batteries Recycles More Than 1B Pounds Of Batteries … Again". AftermarketNews. September 16, 2019.
- ^ "Interstate Batteries Appoints New CEO and Chairman". AftermarketNews. February 22, 2023.