| Bandag, Incorporated primarily engages in the production and sale of precured tread rubber and equipment for its franchisee dealers. The company and its licensees had 985 franchisees worldwide, as of December 31, 2004, which produce and market retread tires for trucks, buses, industrial equipment, off-the-road equipment, and passenger cars. In addition, it offers various tire management services, including retreads, new tires (commercial, retail, and off-the-road), alignment, and road service to national, regional, and local fleet transportation companies. The company, through its subsidiary, Speedco, Inc., provides quick-service truck lubrication and tire service through 33 company-owned on-highway locations in the United States. Bandag, Incorporated is based in Muscatine, Iowa. |