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This is Fred Ball for Zions Bank, speaking on business.
Almost thirty years ago, if you walked into one of Salt Lake City's AAMCO Transmissions shops most likely you would have found Kurt Wood, Larry Ashcroft or Flip Payne busy cleaning greasy transmission parts. Now, upon entering the AAMCO Transmissions shops you'll find any one of them behind the counter as the owner.
Kurt says when the three owners all got involved with AAMCO Transmissions back in 1978 they didn't even know each other. Soon though, Larry and Flip met while working together as technicians. Later, the two friends bought out their boss and became owners of their very first AAMCO Transmissions shop. Shortly thereafter Larry and Flip bought another shop and met Kurt. At the time, Kurt was looking to take on more managerial responsibilities. So, Larry and Flip agreed to make Kurt a partner as long as he ran the shop while continuing to work as a transmission rebuilder.
Currently, the three partners own four AAMCO Transmissions shops. Larry manages the shop in Murray; Flip the one in Sandy and Kurt the shop in Salt Lake City. All three watch over the West Valley shop, which they only partly own.
After building their small transmission repair empire, Kurt says they debated whether or not to remain as an AAMCO franchise. As AAMCO affiliates the three owners feel they can better serve their customers. AAMCO Corporation makes sure each franchise keeps up with the latest trends and technology in transmission repairs. AAMCO also watches over each shop's customer relations rating. The stations owned by Kurt, Larry and Flip have some of the highest customer satisfaction ratings.
Though the three owners spend most of their time managing AAMCO Transmissions shops in the Salt Lake Valley, every so often they sneak out onto the repair floor and rebuild a transmission or two for just old times' sake.
For Zions Bank, I'm Fred Ball. I'm speaking on business.