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Old 12-07-2018, 10:26 PM   #1
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Strategic Partner

I noticed in the cover letter that came with the beautiful calendar, that Escape had joined forces with a ‘strategic partner ‘ in 2018

In the business community, that often means ceding some control in return for some cash. A very common business arrangement.

Here is an interesting read.

A help wanted ad. for a president of ETI.

https://optimumtalent.com/opportunit...ndustries-ltd/


Probably yesterday’s news to the Escape old timers, but news to me.

Ed
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Old 12-07-2018, 10:56 PM   #2
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New Job

I think about 90% of the people who post on here every day ought to apply to be the Presidente. I mean, how hard could it be? Seems like everybody who whines and crabs everyday, here’s your opportunity to make things right. Personally, I got too much Kool-aid to drink, fish to catch and camping to do. If each year of camping counted for a year of experience I’d have better than 50 like a lot other people. So as my old friend Edward H. Scanlon, one of the giants in American Municipal Arboriculture used to say on job openings “ OK lads and lassies, here’s a chance to show them what you’re made of. “
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Old 12-07-2018, 10:57 PM   #3
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Hmmm, that could be good news, or bad.
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Old 12-07-2018, 11:10 PM   #4
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Hmmm, that could be good news, or bad.
...“The President will be a hands-on leader, responsible for leading the transition of ETI from a founder-led business model to a process-driven organization focused on continued growth in the demand of the ETI brand while also scaling up production. The President will work internally to identify and implement initiatives related to profitability improvements, growth opportunities and efficiencies.”

This sounds like “let’s make more profit by selling more trailers with less customization and customer interaction”.
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Old 12-07-2018, 11:10 PM   #5
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It's good news. Tammy and Reace are staying on and have been in their positions for many months.
They sold a significant share of the company to another company that had already bought a significant share of Northern Lite.
"We have a great relationship with Northern Lite as it was a Father and Son operated business. And since KVP merged with them over a year ago we have been watching very closely. We turned down their request for partnership twice but then we saw the benefits they have created for Keith at Northern Lite and thought --- that would sure be nice".
The combined companies mean more purchasing power and more support.

Ever thought about a four season trailer? Maybe longer than a 21?

OK, I made the last sentence up.
Main thing is, the new owners are not Thor.

https://northern-lite.com/About-Us.php
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Old 12-07-2018, 11:47 PM   #6
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Was just a matter of time for many reasons- not least of which was the matter of employees who actually crank out the end product. Was curious about the help wanted ad mentioned by the OP and searched " Escape Trailer Industries Help Wanted" and found this:

https://ca.indeed.com/cmp/Escape-Tra...stries/reviews
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Old 12-08-2018, 12:06 AM   #7
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Was just a matter of time

You again?
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Old 12-08-2018, 12:11 AM   #8
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Old 12-08-2018, 12:26 AM   #9
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Originally Posted by rubicon327 View Post
. This sounds like “let’s make more profit by selling more trailers with less customization and customer interaction”.
I see more standardization of models and less available options in order to increase production rates , streamline manufacturing processes , implement better quality & inventory control and finally increase profit margins .
I’ve worked for three privately held / family owned businesses who turned over control of their business in order to get working capital . In the end it did not work out well for anyone involved except the holding company .

Hopefully it will work out for ETI , its’ employees and its’ customers ,
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Old 12-08-2018, 01:33 AM   #10
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I wouldn't jump to any conclusions about product changes. A direction toward less customization would be reasonable, but that has already been occuring.

As a company gets larger, it becomes more difficult for founding owner/operators to stay on top of everything, and it becomes more apparent which functions really need specialized skills and experience. It only makes sense to make this sort of transition, and if done properly it should allow Reace and Tammy to concentrate on the aspects of the business which best suit them... or to transition to retirement, which they have earned by now. Whatever their intentions, I wish them well.
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