{{Short description|American equipment company}} {{For|the barbeque restaurant|Fiorella's Jack Stack Barbecue}} {{Infobox company | name = SRC Holdings Corporation | logo = SRC Holding Logo.png | type = Remanufacturing company | genre = | foundation = 1983 | founder = Jack Stack and managers from International Harvester | location_city = Springfield, Missouri | location_country = United States | location = | locations = 4 | area_served = | key_people = | industry = Manufacturing | products = Remanufactured equipment for agriculture, automotive, construction, mining, oil & gas, trucking industries; industrial power units | services = Logistics, remanufacturing, kitting & packaging, supply chain, vendor managed inventory | revenue = $400 million<ref name=GGOB/> | operating_income = | net_income = | owner = 100% employee-owned | num_employees = 2,000<ref name=YT2/> | parent = SRC Holdings | divisions = | subsid = {{ubl|Springfield ReManufacturing Corp|SRC Automotive, Inc.|SRC Electrical LLC|SRC of Lexington, Inc.|SRC Logistics, Inc.|The Great Game of Business, Inc.|Global Recovery Corp|NewStream Enterprises LLC|CNH Reman|Ceramex North America LL}} | homepage = {{url|www.srcholdings.com}} | footnotes = }}
'''SRC Holdings Corp''' ('''SRC''') is an American equipment company based in Springfield, Missouri.
==History== SRC was established in 1983 when 13 employees of International Harvester purchased a part of that company that remanufactured truck engines,<ref>{{cite news |url=http://www.time.com/time/magazine/article/0,9171,1002204-2,00.htm |archive-url=https://web.archive.org/web/20121103024201/http://www.time.com/time/magazine/article/0,9171,1002204-2,00.htm |url-status=dead |archive-date=November 3, 2012 |work=Time Magazine |title=We're All the Boss |author=Laird Harrison |date=April 8, 2002 }}</ref> with $100,000 of their own money and $8.9 million in loans, with the goal of saving 119 jobs.<ref>{{cite news|url=https://www.youtube.com/watch?v=aGLFuzbqPk |work=Youtube |title=The Great Game of Business Story - Short |date=March 17, 2015 }}{{dead link|date=September 2023}}</ref> By 1988, SRC's debt to equity ratio was down to 1.8 to 1, and the business had a value of $43 million. The stock price, $0.10 in 1983, had increased to $13 per share.<ref>{{cite news |title=Ask an Expert: Give employees a stake in your business |author=Steve Strauss |date = April 19, 2004 |work=USA Today |url=https://www.usatoday.com/money/smallbusiness/columnist/strauss/2004-04-19-stop-pilfering_x.htm}}</ref> By 2015, the stock was worth over $199 per share.<ref>{{cite news |url=http://srcholdings.com |work=Company website |title=Our Story}}</ref>
SRC founded and invested in more than 60 separate companies that do everything from consulting to packaging to building high-performance engines. Including current joint-ventures SRC's sales are over $600M, with more than 2,000 employees, and has {{convert|3000000|sqft|spell=in}} of manufacturing and warehousing space.<ref name=GGOB>{{cite web |url=http://www.ggob.com/ |title=Home |website=ggob.com}}</ref><ref name=YT2>{{cite news|url=https://www.youtube.com/watch?v=YYEQaZF0nJo |archive-url=https://ghostarchive.org/varchive/youtube/20211212/YYEQaZF0nJo| archive-date=2021-12-12 |url-status=live|work=Youtube |title=We are SRC |date=September 25, 2015 }}{{cbignore}}</ref>
==Books== {{unreferenced section|date=June 2023}} President and CEO Jack Stack has written two books (with Bo Burlingham): ''The Great Game of Business'' and ''A Stake in the Outcome'', detailing the business and management techniques practiced and promoted by the company. ''The Great Game of Business'' has had 25 printings, has sold over 350,000 copies in 14 languages, and has been cited in over 100 business books. Stack has written a third book in 2020 with Darren Dahl, ''Change the Game: Saving the American Dream by Closing the Gap Between the Haves and the Have-Nots''.
== Award == The 2019 Txemi Cantera International Social Economy Prize was awarded by ASLE to SRC and its President, Jack Stack.<ref>{{Cite web|date=16 January 2020|title=ASLE entrega el Premio Txemi Cantera a la corporación norteamericana propiedad de sus trabajadores SRC Holdings Corp. y su presidente, Jack Stack|url=http://www.observatorioeconomiasocial.es/actualidad-observatorio.php?id=4422&PHPSESSID=a47cc08133129a7c8a291fe3cefe53e4|access-date=15 January 2022|website=Observatorio Español de la Economía Social|language=Spanish}}</ref> == References == {{reflist}} ==Further reading == *Stack, Jack and Bo Burlingham (2002). ''A Stake in the Outcome'', Random House, Inc. *Stack, Jack with Bo Burlingham (1992, 2013). ''The Great Game of Business'', Crown Business, a Division of Random House, Inc *Stack, Jack with Darren Dahl (2020). "Change the Game: Saving the American Dream by Closing the Gap Between the Haves and the Have-Nots", Advantage Media Group
== External links == *[http://www.srcholdings.com/ Company website]
{{DEFAULTSORT:Springfield Remanufacturing}} Category:Companies based in Springfield, Missouri