Keith Tanner said:bobzilla said:I wish FM had Hyundai and Kia parts as I'd buy from them in a heart beat. Maybe we need to do a spin off of Flying Miata and have Flying Hyundai?
Regardless, congrats to a hard working crew. I've heard almost no negatives and lots of positives over the years.
We sell engine internals for the 1995 Kia Sephia GS. Our lug nuts are probably compatible as well. What else could you possibly want?
HAHAHAHA. It was the 94-01 1.8 Sephia and Spectra.
The email gave me a little scare when I saw FM sold. Nice to see y'all turn into a co-op and glad you're sticking around.
thatsnowinnebago (Forum Supporter) said:The email gave me a little scare when I saw FM sold. Nice to see y'all turn into a co-op and glad you're sticking around.
I will admit to doing that on purpose. Build the tension and then release, just like jazz.
This is fantastic, and makes me happy. Congrats!
I'm glad this worked for you. I know I wouldn't want to be in business with the people I work with.
This is wonderful news, and I say this as someone it probably never even affect directly.
I've worked for an employee-owned company for many years, it is a good way to go.
Congrats! Now I need to get around to actually buy the stuff I intended to get 6 years ago...
Congratulations and Good Luck!
I hope to buy some suspension bits as soon as my wife gives me my allowance.
Keith Tanner said:Since I just made the public announcement about 15 minutes ago, it's not really common knowledge :)
FM is not a big profit maker, so we're not all that tasty to the behemoths. Bill and Teri Cardell, the founders, also did not want to sell to someone who would just strip the company of the valuable bits and ship it to California. They wanted to keep the company as it is with the same values and in the same place. What we are good at is providing employment for long-term employees. So a co-op made perfect sense for us. Since they've been fairly hands-off for a few years, it's really going to be a pretty easy transition.
Fun fact: the co-op members have an average of 12.9 years with the company. Our average across the company is something like 8.2 years.
One of the almost forgotten reasons for a corporation to exist. At least in the US.
In reply to Keith Tanner :
Congratulations Keith & co.!
Didn't you post/hint something about this a few months ago though? I was surprised when I received the email, as I though it was a done-deal a while back.
We definitely talked about Bill retiring a while back, but I don't THINK I spilled the beans on the ownership change. Maybe I did. I talk a lot.
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