consistent dividend increases, stable operating environment, loww aggregate value vs industry norm

geographic area growing slow but steady

low price vs potential income due to increase in replacement tire demand and assuming stabalized OEM demand

stock at multi-year low for the 3rd time in past few months, expect the news cycle to be more favorable than in recent past, industry consolidation to be positive in long run, international exposure

long holding, expect the current management to either get some profit growth or align the company for sale in whole or parts

intrinsic value not realized by market, numerous brands, international exposure, restructuring

2007 merger with Albiti, above market dividend, expected cost savings over next 2 years, cyclical at low cycle