Precision Auto Care, Inc. was founded in 1976. Precision Auto Care, Inc., through its subsidiaries, franchises automotive service centers in the United States and internationally. The company’s automotive service centers offer various automotive products and services to the public, including the diagnosis, maintenance and repair of ignition systems, fuel systems, computerized engine control systems, cooling systems, starting/charging systems, emissions control systems, engine drive train systems, electrical systems, air conditioning systems, oil and other fluid systems, and brake systems. It also provides automotive maintenance and repair services, such as engine performance, oil change, and lubrication and brake services. As of June 30, 2009, the company had 8 centers owned and operated by PTAC Operating Centers, Inc. (POC), subsidiary of the company. Precision Franchising LLC (PFL), a subsidiary of the company, franchised 258 domestic centers, and 79 international centers. Competition The company’s competitors include Sears Auto Center and the automotive maintenance centers operated by Goodyear, Monro Muffler, Midas, Meineke, Jiffy Lube, and Firestone.