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Conversations with Glen Taylor - S3 E13 - Williamhouse Regency

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Strategic Planning for a Strategic Partnership

 

In this episode of the Conversations with Glen Taylor video series, Glen highlights his acquisition of Williamhouse Regency. Initially, Williamhouse Regency was divided into two parts: Williamhouse, a supplier to the industry, and Regency, a major customer. When Glen started purchasing products from Williamhouse, he found them expensive, leading him to explore other suppliers. This decision prompted Williamhouse to lower prices to retain Taylor as a customer. The dynamics shifted when Regency acquired Williamhouse to secure their supply chain. Glen recounts a pivotal moment when the opportunity to acquire Williamhouse Regency arose — though he and his team ultimately backed out due to concerns about the potential risks and impacts on Taylor. This decision proved wise as Williamhouse Regency's performance deteriorated, giving Glen the opportunity to acquire them at a lower price. Glen’s strategic mindset helped prioritize the well-being of his employees and the overall strength of Taylor Corporation.

Learn more about Taylor: www.taylor.com

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