Floydada EDC Assists Local NAPA Store

Late last year, the Floyd County NAPA auto parts store owner began working on a way to transfer ownership to a local entrepreneur in Floydada. Upon hearing owner Johnny McDonald was considering a transfer of ownership, the Floydada Economic Development Corporation made contact with Wayne Klipping, NAPA’s New Distribution Manager, to learn what assistance could be provided in this process. Klipping requested the EDC’s assistance in locating an individual who would be willing and able to take ownership.

The process began in November as McDonald discussed the idea with Klipping. To assist in this process, Floydada Economic Development Director Justin Jaworski began looking for potential owners in Floydada.

In November, local ACE Hardware owner Wes Anderson contacted Jaworski concerning his interest in acquiring the NAPA business. Jaworski said, “I’m glad Wes approached the EDC for assistance; that is what we are here to do.”

Through the selection process the EDC had the opportunity to recommend Anderson to McDonald as the potential new NAPA owner. With the EDC’s endorsement, McDonald then considered Anderson a viable candidate. As of February the NAPA business was sold and ownership was transferred to Anderson.

Anderson said of his new business, “we are glad we can serve the local community and surrounding communities.”