Pauls Valley, OK, Pauls Valley Democrat

Local News

March 5, 2014

Business Legacy ends after 77 years

emann@pvdemocrat.com — A change of ownership for one Pauls Valley business will ensure its customers can keep coming back without skipping a beat.

It also means the end of a legacy for the Agee Equipment Company. Third generation owner Dave Agee decided to sell the area staple in February to Ardmore based Pettit Machinery Inc.

Not a decision made lightly as it had managed to stick around for 77 years.

Agee’s has adapted from a day when mules pulled farm equipment to a world where customers come from all walks of life.

“I grew up in the business so it was the only thing I ever knew,” said Agee. “We’re proud we were able to keep the business going for a long period of time.”

The business was originally bought for its hardware at a location downtown. It has grown into the dealership people know today along US Highway 77.

The biggest reasons motivating the sale of the business came down to Agee’s son Jason. Jason was reaching a point where he wanted to try other things career-wise.

The deal with Pettit was something that came to fruition after quite a few attempts by its owner over the past 2-3 years. After several offers were exchanged in 2013, an agreement was reached in December.

“It was a pleasure to work with him, but it was hard to say goodbye to what was our baby,” said Agee. “I will miss getting up in the morning and going there… I was the first one getting there and the last to leave.”

Agee’s accomplishment of keeping the business as a family entity is impressive. The norm for the past 25 years has been to join some kind of chain/conglomerate.

It was a dedication going back to when he first started working there full-time in the 1960s.

He even went so far as to build the house where he lives now within view of the business. This meant they could be more accessible to their customers during hours that many others would be closed.

By selling and meeting numbers set by John Deere, Agee was able to maintain his independence. He also maintained a customer satisfaction rating even as competition from larger groups made it a challenge.

“We could have stayed there as long as we wanted to,” said Agee, noting how they turned down several offers. “The last couple of years have been really fantastic.”

At the end of the day, there is one item in the agreement that will at least keep part of Agee’s legacy intact. That is allowing his employees who were there at the time of the sale keep their employment.

Agee must now find way to fill his time that isn’t work related. He plans to see all the places he couldn’t when the family’s vacations were limited to the winter months. There is a good portion of the northern United States he is interested in and will take advantage of it in summer months ahead.

“It’s just been a family business for that many years,” said Agee. “It was bittersweet.”

1
Text Only
Local News
Business Marquee

e-Edition
  • How You Want It When You Want It Today's Pauls Valley Democrat

    Now you can view and download the Democrat right to your desktop on the day the paper is published. Click here to get more information on the Democrat's e-Edition.

     

    CLICK HERE TO ACCESS THE E-EDITION SITE

     

    ATTENTION CURRENT DEMOCRAT SUBSCRIBERS TO START an e-EDITION

    e-mail request to sjohnson@pvdemocrat.com

    April 20, 2011 1 Photo 1 Link

AP Video
Broncos Owner Steps Down Due to Alzheimer's US, UN Push Shuttle Diplomacy in Mideast Trump: DC Hotel Will Be Among World's Best Plane Crashes in Taiwan, Dozens Feared Dead Republicans Hold a Hearing on IRS Lost Emails Raw: Mourners Gather As MH17 Bodies Transported Robot Parking Valet Creates Stress-free Travel Raw: MH17 Bodies Arrive in Netherlands Raw: Fight Breaks Out in Ukraine Parliament Disabled Veterans Memorial Nearing Completion Last Mass Lynching in U.S. Remains Unsolved Home-sharing Programs Help Seniors Ex-NYC Mayor: US Should Allow Flights to Israel Clinton: "AIDS-Free Generation Within Our Reach" Judge Ponders Overturning Colo. Gay Marriage Ban Airlines Halt Travel to Israel Amid Violence Police Probing Brooklyn Bridge Flag Switch
Stocks
Facebook