COLUMBIA, Mo. — MFA Oil Co. recently purchased Big O Tires’ interest in BORE/MPC LLC, the joint venture between MFA Oil and Big O.
Formed in 1998, BORE/MPC is the Big O Tires franchisee that owns and operates 14 Big O Tires stores in Camdenton, Columbia, Hollister, Jefferson City, Nixa, Osage Beach, Rolla, Springfield and St. Roberts, Mo., and in Bentonville and Springdale, Ark.
New stores also will open in Branson, Mo., and Fayetteville, Ark., this year.
“This is a good deal for MFA Oil Co.,” said Rusty Coats, MFA Oil director of retail tire operations. “Not only was the cost of the buyout favorable, but the single-company ownership will allow us to be quicker and more flexible in our business decisions.”
“As Big O Tires continues to look for opportunities to expand, this purchase will make that process, and others, more efficient,” said Mark Fenner, MFA Oil president and CEO. “And we’re very fortunate to have Rusty leading the Big O Tires team with his 40 plus years of experience in the tire and automotive repair business.”
Columbia, Mo.-based MFA Oil Co. is a farmer-owned cooperative with more than 40,000 members. The company is the largest supplier of propane in Missouri and created the Break Time convenience stores in 1985 through its subsidiary, MFA Petroleum, which also operates the Big O Tire and Jiffy Lube franchises in mid-Missouri. In addition to propane, MFA Oil also sells fuels and lubricants to customers in Missouri, Arkansas, Kansas, Indiana, Kentucky, Oklahoma and Iowa, many through unmanned fuel lots throughout the region. There are 78 Break Time c-stores in Missouri and Arkansas.