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Kent

Dropping Walmart was good business

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Kent
Absolutely great article... about our favorite company! http://www.jsonline.com/bym/news/may03/141419.asp

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pacodiablo
That is an interesting article. I guess I did sort of own a Simplicity, I got a free Snapper in AL, but that thing is like 25 years old, lol.

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SteveP
quote:
Simplicity has a strategy of making an acquisition a year, reflecting the deal-making capabilities of its 70% owner, Kohlberg & Co. of Mount Kisco, N.Y. The other 30% is employee-owned
Do I understand this correctly? Kolher owns 70% of simplicity? Learn something everyday.

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Kent
That is not Kohler engines... it's Kohlberg & Co. of Mount Kisco, N.Y.... a private, investment group.

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Dutch
quote:
Originally posted by SteveP
Do I understand this correctly? Kolher owns 70% of simplicity? Learn something everyday.
Kohlberg is an investment firm. I don't know if they have anything to do directly with Kohler engines. Read about Simplcity's transfer from ESOT > http://www.simplicitymfg.com/company_history.html

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jkmustang1
I just paid $100 dollars for a non running AC b-10 at auction with a 42 inch deck. Bidding was fast a deal was done in maybe 2 min three of us bidding. At the same auction a non running Ranch king hydro with a 50 inch deck and good tires no blow outs went for $50 the bidding was slow and no matter how hard they tried they could not sell that tractor for as much as the one 20 years older that I got. I went to get a quality mower that will last and give my lawn the finish cut I want. And with your help it will and it will. I am glad to hear Simplicity is holding out to service and quality

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Dutch
Time will tell if the decision was sound. I guess it's up to the consumers' willingness to pay a premium, and the dealers' willingness to perform above and beyond. I think there may be a market in between for all products. Seems like it's hard to find value anymore. I can either buy junk for $10, or $100 for a premium product that I neither need or want. How about something for $50?

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UCD
[img]http://www.kohlberg.com/images/about2.gif[/img] Kohlberg & Co. [img]http://www.kohlberg.com/images/k.gif[/img]ohlberg & Company, L.L.C. is a leading U.S. private equity firm specializing in middle-market investing.
Kohlberg & Co.owns these co. Kohler engines not listed
[img]http://www.kohlberg.com/images/logos/avistar.jpg[/img] Airport Satellite Parking, L.L.C. a leading operator of off-airport parking facilities in the U.S [img]http://www.kohlberg.com/images/allied-logo2.gif[/img] Allied Aerospace Industries, Inc. an aerospace engineering contractor that performs research, development, testing and evaluation (“RDT&E”) projects for aeronautics, propulsion and space applications. [img]http://www.kohlberg.com/images/logos/bi-logo.gif[/img] BI Incorporated is the leading manufacturer and provider of electronic monitoring equipment and services, and community correctional services to the criminal justice market in the United States. [img]http://www.kohlberg.com/images/portfolio-hslogo3.gif[/img] Holley Performance Products‚ Inc. is a leading manufacturer of a diversified line of performance automotive products, including carburetors, fuel pumps, fuel injection systems, ignition systems and remanufactured carburetors. [img]http://www.kohlberg.com/images/logos/innotek-logo.gif[/img] Innotek, Inc. is a leading manufacturer of electronic training and accessory products that provide behavior solutions for pet and sporting dogs [img]http://www.kohlberg.com/images/katonah-1.jpg[/img] Katonah I, Ltd. and Katonah II, Ltd. is a company which Kohlberg formed to structure, raise and manage investments in collateralized loan obligations (“CLOs”). [img]http://www.kohlberg.com/images/katy.gif[/img] Katy Industries, Inc. is a diversified manufacturing company that operates through two principal operating groups: the Maintenance Products Group and the Electrical Products Group. The Maintenance Products Group manufactures, distributes, packages and sells sanitary maintenance supplies, professional cleaning products, consumer products, abrasives and stains. The Electrical Products Group manufactures, distributes, packages and sells consumer electric corded products, electrical and electronic accessories, electronic components and specialty metals. [img]http://www.kohlberg.com/images/nancys3.gif[/img] Nancy’s Specialty Foods, Inc. is the leading provider of frozen appetizers and quiche entrees to club stores and supermarkets. [img]http://www.kohlberg.com/images/nevamar.gif[/img] Nevamar Company, L.L.C. is a leading manufacturer of a broad array of decorative laminates and panel products catering to the commercial and residential furniture, fixtures and cabinet markets [img]http://www.kohlberg.com/images/logos/orion.gif[/img] Orion Food Systems, L.L.C. is a leading provider of branded foodservice products to convenience stores and other retail foodservice outlets. [img]http://www.kohlberg.com/images/logos/redaelli.jpg[/img] Redaelli Tecna, S.p.A. is a leading international manufacturer of three products: steel cord used by manufacturers of automobile and truck tires as the primary reinforcement for radial-ply tires; steel cables used in a variety of applications, including suspension bridges, cable cars and cranes; and prestressing steel used in the construction of major concrete structures. [img]http://www.kohlberg.com/images/logos/simplicity.jpg[/img] Simplicity Manufacturing, Inc. is a leading manufacturer of lawn tractors, riding mowers, commercial mowers, garden tractors, snowthrowers and a broad range of chippers and shredders designed for landscape contractors and lawn care professionals from the small sole proprietor to large companies. [img]http://www.kohlberg.com/images/tinnerman3.jpg[/img] Tinnerman Palnut Engineered Products, L.L.C. is a leading manufacturer of automotive metal and plastic fasteners. The Company provides three major products categories: metal fasteners, plastic fasteners, and retaining rings.

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MPH
I think the selling plan can continue to work. The investment Co owning 70 percent is the scary part, no personnel soul interest in Simplicity..MPH

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GregB
Yes, 70% is a little scary, but as an investment group, they can fund the planned growth that fits the business niche Simplicity has choosen. On the other hand 30% employee ownership is a fairly high percentage compared to some of the companies I have worked for that had stock ownership plans. GregB

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BLT
Kohler is a family owned corporation. To my knowledge all outstanding stock is family owned.

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Nick
The Toro Personal Pace Mower we purchaced 3 weeks ago was purchaced from a dealer. It was fully assembled, came with a full tank of gas. And was showed how to use some of the features. We payed $359.95 for it. It was .50¢ more (Big Deal!:D) then Home Depot was asking for the same identical mower. And then you have to assemble it yourself and buy the tank of gas. Plus it is better made since it was sold from the dealer. even if it was $20.00 more, I would have still purchaced it from the dealer.

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Agricola
I like dealing with dealers. Personally I don't enjoy going to places like WalMart. Most of the staff don't have a clue. My least favorite place though is Blain's Farm and Fleet. I don't care if they sold Orange tractors or not. They have very few parts for tractors or trucks. I wonder why they call it Farm and Fleet?

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pacodiablo
WalMart is terrible when it comes to parts. I needed a new spark plug for a Snapper, but they did not have it individually packaged. They did however have it in a tune-up kit, but it was for the wrong engine. I hate the way the merchandise is tossed on the shelves there. I don't know if it is the fault of the stockers, the customers, or both, but their shelves are the least organized of any store. The nearly defunct Roses chain can stock a shelf better than WalMart.

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MPH
The more disorganized the store is the longer the spends looking, all thier adds say its the best price in town so a large percent of people have to find it at Walmart and leave with 10 more ites then they went in for..MPH

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bigcountry
Sometimes I just have to bite the bullet and go to Southern States. They're high but they can get any part I need, fast. In most cases, a quick trip to the B & S Dealer can result in good engine parts (fast, cheap, and good). But there are times for the exception. I only go to Wal-Mart for parts I know they have, such as oil, blades, and air filters.

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Agricola
I like my local dealer who handles Simplicity, and a few other brands. Like it was said before, quick, inexpensive and original. I love going to a place where they don't even know what the part is when you hand it to them.

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patrician12
They are absolutely right to refuse the deal.I can't vouch for Lowes but Home Depot and Walmart every year have a different power equipment dealer.My Home Depot has had Murray,MTD,Scotts and NOW JOHN DEERE!!!!!!The new guy has to come in clean up all the leftovers and ARE YOU AWARE THAT THE FIRST SHIPMENT TO EACH STORE IS FREE TO HOME DEPOT.YES,BELIEVE IT OR NOT.My friend has been with HD for 12 years and tells me its true.That's why the brands are in constant flux.Simplicity is smart to stay away.First they don't have the capacity to manufacture them so they would have increase their factory size only to be thrown out in 1 or 2 years.Mass merchandisers come and go one way or another but the dealers will remain loyal. I can tell you one of the 2 John Deere dealers by my home is almost out of business since HD took in Deere.Both refuse to repair or warranty units sold at HD.Can you blame them?But the people are angry at them for not supplying warranty work.People are great they don't get mad at HD who sold it to them and has no service(probably because they think they got a great deal)but the litle guy who gets the honor of their headache machine.Could you imagine a car dealer who sells cars but offers no service or parts?Even the most basic stuff.Of course not!!! Bearings,pulleys etc are slow movers and inventory intense. HD only wants fast easy profit,leave parts and service for the little guy struggling.

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DaleC
I appreciate the heads up on the article. It points out that Simplicity is going to try and stay the quality company with quality product that last.

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Ishmael2k
I buy 90% of my parts from my local dealer (Well sort of local, 30 miles away). One thing I like is that they will know what I am talking about when I ask for a part and chances are they have it in stock. The other thing I really like is that I can call them with a part number and if I am not in a rush they will ship it to me UPS and I'll have it within two days at the most. (Usually the next day if I call early enough.) Try that at a box store... [:0]

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goatfarmer
You mean to tell me Simplicity is not "an Allis Chalmers Company" anymore? I'm shocked......8)

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Tacey
I am the son of an equipment dealer (office equipment, but the point is the same). Dad started the 'store' in 1946 after serving in WW 2. He served his customers well & prospered. There was tough competition, but the profit margin was there if you worked hard. I entered the business full-time in 1976. I saw the manufacturers cave to the mass merchant's siren song. I left the business in 1984 'cause the customers just didn't want to pay extra $ for the 'local' merchant. I have been a stockbroker since, now fighting the 'discounters' in this industry, but that story is for another post... My point is that maybe the tide has turned. People may be getting fed up with the 'consumer' label. People want to be treated as 'customers', with respect. I'm afraid that it's too late for the thousands of mom-&-pop dealers who went bellyup during the interim. Tacey

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pacodiablo
You are right. I don't think people knew what they were throwing away when they went to WalMart.

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