January 3, 2018 6:45 PM, EST

TAG Truck Center, Lonestar Truck Group Merge

TAG Truck Center and Lonestar Truck Group, which described themselves as closely aligned dealerships, merged into a new company named TNTX, effective Jan. 1.

TNTX will represent in excess of $700 million in annual sales and employ about 1,000 employees in 23 locations, making it one of the largest Daimler Trucks North America dealers in the country, according to the companies.

“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,” TNTX CEO Gary Dodson said in a statement.

TNTX will adopt a new name in the future. In the interim, the companies will operate as TAG Truck Center and Lonestar Truck Group, divisions of TNTX.

TAG operates 10 Freightliner dealerships in Tennessee, Arkansas, Mississippi, Missouri and Kentucky, and Western Star franchises in Missouri and Kentucky.

Lonestar Truck Group operates 12 Freightliner and Western Star dealerships in Texas, New Mexico, Louisiana and Arkansas, where it also has one parts-only location.

“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,” Dodson said.