| Revision as of 21:47, 28 February 2020 editCyberfan195 (talk | contribs)Extended confirmed users26,498 edits →References: added Category:American companies established in 1937 using HotCat← Previous edit | Revision as of 03:32, 2 April 2020 edit undoCyberfan195 (talk | contribs)Extended confirmed users26,498 edits →References: fixed.Next edit → | ||
| Line 50: | Line 50: | ||
| ] | ] | ||
| ] | ] | ||
| ] | ] | ||
| ] | |||
| ] | ] | ||
| ] | ] | ||
Revision as of 03:32, 2 April 2020
 | This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Earl Scheib" – news · newspapers · books · scholar · JSTOR (May 2017) (Learn how and when to remove this message) |
 Earl Scheib shop on Central Avenue in Albuquerque, New Mexico | |
| Industry | Automotive painting, automotive repair |
|---|---|
| Founded | 1937 in Los Angeles, California, United States |
| Founder | Earl Scheib |
| Defunct | July 16, 2010 |
| Headquarters | Los Angeles, California, United States |
| Key people | Earl Scheib |
Earl Scheib was a company which specialized in low cost repainting and collision repair of automobiles, with locations in 23 states in the United States. It ceased operations nationwide on July 16, 2010.
Company history
Founded by Earl Scheib (February 28, 1908 – February 29, 1992) in Los Angeles in 1937, the company grew quickly following World War II and by 1975 had branches in Germany and England, all company-owned, with Scheib manufacturing his own paint through a wholly owned subsidiary.
Earl Scheib's paint-coating systems were used by its company-owned paint and collision repair shops. The paint also was sold to original equipment manufacturers and architectural construction firms.
Advertising
In the 1950s, Earl Scheib expanded his company with locations across the nation and started a national advertising campaign. Sheib wrote the commercials and became the company's spokesman. He became famous for his slogan, "I'm Earl Scheib, and I'll paint any car, any color for $29.95. No ups, no extras." This campaign and slogan were maintained until Scheib died.
Restructuring
In 1999, the company began closing branches and selling company-owned properties to show a profit to shareholders. The organization reduced the number of its shops as a result of this practice, with most of its remaining centers in the western states, where rust and corrosion are less likely to be a problem.
On February 18, 2009, Earl Scheib and Kelly Capital LLC, a private equity firm, announced the signing of the merger agreement. Kelly Capital LLC acquired the company in the second quarter of 2009 following shareholder approval of a merger agreement.
Beginning in July 2010, the company closed certain locations and franchised off the remaining locations to shop managers, giving them the opportunity to become small business owners. Specifically, the company offered them the rights to purchase all the equipment and fixtures in their shops and to use the Earl Scheib name for their own business. Many managers took advantage and agreed to the terms, resulting in today's independent Earl Scheib paint centers. These modern Earl Scheib centers now offer paint jobs and most of today's Scheib shops also offer custom painting, collision repair and pinstriping.
References
- Galva News - January 17, 2017 Archived February 2, 2017, at the Wayback Machine
- Los Angeles Times
- Los Angeles Times
- Earlscheib.com Archived 2006-08-15 at the Wayback Machine