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The SRC Story

In 1983 along with 12 other managers, Jack Stack scraped together $100,000 in cash, borrowed $8.9 million and transformed a failing division of International Harvester into one of the most successful and competitive companies in America. Under Mr. Stack’s leadership and Open-Book Management approach (later coined The Great Game of Business), this formerly failing company has now become SRC Holdings Corporation, the oldest employee-owned remanufacturer in North America and a thriving company of 2,600 employee owners operating in 12 business units across a variety of industries.

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