PRINCETON (PRESS RELEASE) - Ramey Automotive Group is pleased to announce they have entered into an ‘Agreement to Purchase' with Andy Clark Ford, Inc. on Courthouse Road, in Princeton.
The Ramey Group was recommended to the Clark Family by Ford Motor Company operations as the best choice for a smooth transition to a new owner.
"We are very excited to continue Andy Clark Ford's strong relationship with their customers and Princeton," said Jimmy Ramey, of Ramey Auto Group. "The family business that the Clark family started more than 60 years ago is a perfect fit with our family business that my father, Jim Ramey, started more than 50 years ago. "
Ramey Automotive Group currently owns successful Ford dealerships in both Johnson City, Tenn., and Beckley, so this is expected to be a very smooth transition.
"We do plan to make extensive renovations to the buildings and service areas, updating the facilities and investing in state-of-the-art equipment to better serve Andy Clark's existing customers and our new ones," said Ramey.
With the renovations, the Ramey group expects to grow the Ford dealership's sales to over 200 units per month, thereby increasing employment opportunities for the area, in all areas of the business.
The dealership will be known as Ramey Ford Princeton once all agreements are final sometime in July.