WIX Filters Donates $44,000 To National FFA Chapters

WIX Filters, a member of the Affinia Group family of brands, awarded $44,000 to national FFA chapters in the United States through a box-top redemption fundraising program with the National FFA Organization.

Between January and April 2012, students in participating FFA chapters redeemed 154,567 WIX box tops for a 25-cent donation from WIX. FFA chapters across the country were rewarded with a donation from WIX of nearly $39,000, plus five $1,000 bonuses for a total donation of $44,000.

“WIX Filters has supported the box-top program for 26 consecutive years because it allows us to contribute to the education and training of the next generation of agriculture industry leaders,” said Mike Harvey, brand manager of WIX Filters. “The funds raised through our partnership with national FFA chapters support critical chapter operations and activities, such as educational programs that have a positive impact on students’ lives.”

As part of the program’s incentives, FFA chapters across the United States competed for five $1,000 bonuses in different categories, including most box tops redeemed and most box tops redeemed per member. The five FFA chapters that earned a $1,000 bonus in 2012 are: East Central FFA, San Antonio, Texas; Mulberry High School FFA, Mulberry, Fla.; United High School FFA, Monmouth, Ill.; Cheney High School FFA, Spokane, Wash.; and Quinter High School FFA, Quinter, Kan.

The National FFA Organization, formerly known as Future Farmers of America, is a national youth organization of more than 540,000 student members as part of nearly 7,500 local FFA chapters in all 50 states, Puerto Rico and the Virgin Islands. The FFA mission is to make a positive difference in the lives of students by developing their potential for premier leadership, personal growth and career success through agricultural education. For more, visit the National FFA Organization online, on Facebook, on Twitter and FFA Nation.

When Your Shop Is Worth Much More Than You Thought

Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.

Case Study: Owner of San Francisco-based Import Service Shop Delighted to Discover Just How Valuable His Business is to Qualified Buyers
I sometimes share case studies of the clients I have been able to assist in my role as an aftermarket business broker and provider of intermediary and advisory services. I do that when I think the story will provide a reader in similar circumstances with new insights or helpful information.
In the case of Cowden Automotive, Inc., I acted in a consulting capacity assisting the owner and his broker in valuing the business, creating a marketing plan, finding a qualified buyer, and arranging financing for the sale.
Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.
Needless to say, delivering that kind of good news to a shop owner is a rewarding experience. Discovering that the sale of his business would result in his retirement nest-egg being substantially larger than he had ever thought was a fitting tribute to someone who had spent his entire working career as a busy automotive service shop owner.

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