Nope, not like rent a wheel. Some years back they pretty much bought up most of the wheel manufactures. Clearwater is the parent company (Big investment firm)and yet “wheel pros” One of their 20 odd companies that they own just purchased four-wheel part and TeraFlex Off Road suspensions which is no small company. I believe Teraflex has around 240 employees in Utah. Clearwater purchased other smaller Off Road companies also. My understanding is on the companies they purchased about a year ago they farmed out over half of their products to China and of course raise the price up like crazy and now people are complaining about lesser quality of course. Simply just not a good thing at all.
Didn't know their name...they like Rent-A-Wheel?
:crusty:
That's not cool.
I remember Western Wheel company ( which I owned many of in the 70s and 80s ) in the Cerritos-La Palma area right next to the 91 freeway…. And then there was one of my favorites, Centerline wheel corporation in Santa Fe Springs.
Interesting? I figured it was a partnership as in one of those weekly videos Justin does, someone asked about Fox buying ST, and Justins response was he still owns ST but that Fox & ST have a support & engineering partnership, and that you will be seeing more things coming out of ST. That’s why I assumed Fox did a partial buy in and not a complete buy out.
Have not heard anything about a Walker Evans deal, but will do a little digging. On the ST thing, I won't derail this any further by giving my opinion about anything JS says.
So many times, the second generation has watched the "family business" even though successful and decide they don't want this life for themselves, and that's ok. When the offer to sell comes this then is the owner's alternate retirement plan. Many times, owners do wish to see family continue the business and must accept this reality.
