Hi,
I just wanted to clear a couple of things up after I stumbled across this post.
My name is Brandon and I was a 50% partner in Tarheel Tractor and I am the owner of New South Tractor. First (and most important to me, at least), the ownership is NOT the same. Second, Tarheel did not go under because of finances, running out of money, or a bad business model. Financial stress WAS an issue (as with all dealers in that market), but more in the way of bringing out the real reason for the split, which was a continued disagreement between partners about decision-making and business philosophy.
Any time equal partners want to split and cannot agree on a buyout, the company has to dissolve. There was no other way for me to go out on my own. The tractor business can be tough at times, but I believe in the product (New Holland, among others) and I believe in the people that have joined me in this new venture, so I thought the financial risk was worth it. If we were not on sturdy financial ground with a solid plan, New Holland would never have approved another dealership.
I can't talk about all the issues for the dissolve for reasons that are personal and legal, but what it comes down to is I want to be able to sleep at night. I'm sure many of you are the same way. So Tarheel is done and for me it is a welcome change-that's part of the reason we named it "New South Tractor"-I was ready for a new start.
So Dave, I hope you do come check us out. We are not yet officially open but we are extremely close. Evidence shows the market turning around, albeit slowly, so I hope and plan to be here for years to come to handle your service needs as well as any others. All I ask is that everyone approach us with an open mind.
Thanks for your attention.