Callahan Auto Parts was founded in the 1930's by Tom Callahan Sr. The company enjoyed a long and successful run for over 60 years but by the time Tom Callahan III was put in charge, its future was in question. On one hand, they were facing stiff competition by a rival auto parts maker whose "on the box" guarantee was luring previously loyal customers. The other problem facing them was that they lost the financing that was needed to open their new brake pad division, without which they would likely fail. Making matters worse, the bank sought immediate payment of all outstanding debts following the death of Tom Callahan Jr. Unable to recover the market share they once enjoyed, likely due to incompetence on the part of the new leadership under Tom Callahan III, on March 31, 1995, Callahan Auto Parts went out of business and sold off the remaining assets at auction.
Click here for the video of this explore.(Callahan Auto Parts circa 1995)