Items Tagged with 'ownership'

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2015 Dealership of the Year Video Series: Salem Farm Supply

Dealing with Death at the Ownership Level

In 2012, Philip Lewis, the owner of Salem Farm Supply (Salem, N.Y), passed away. His daughter, Carole, had been working full time at the dealership for about a year. At the time of his passing, there wasn't a succession plan in place to dictate the future of the company. In this video, Carole, now president of Salem Farm Supply, shares the challenges they faced as they not only dealt with the loss of a loved one, but also had to work to resign manufacturer agreements with their suppliers.
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Thurston Manufacturing Company Acquires Simonsen Iron Works

Thurston Manufacturing Company, Thurston, Nebraska, is proud to announce the asset purchase of a Spencer, Iowa, based company, Simonsen Iron Works. Nick Jensen, co-owner and Chief Marketing Officer of Thurston said, "This acquisition is an exciting opportunity for Thurston Manufacturing, furthering company diversity into a larger number of markets and industries by continuing to operate Simonsen Iron Works as a competitive and reliable provider of contract manufacturing services."
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