X’LNT Tire – Employee to Owner
Don’t you love it when an employee of a business becomes the owner? We do, and we’ve recently helped make it happen again. Duford Tire in Polson is now X’LNT Tire and Automotive, and long-time employee Ryan Torgenrud is the new owner. Our loan portfolio manager, John Winegart, worked with Ryan and with Roxanne Duckworth at Glacier Bank to put together a financing plan that made the purchase possible.
The previous owner, Dana Duford, will be consulting with Ryan in the transition phase. “I’ve been planning to buy the business for several months, and with a lot of hard work and help from Glacier Bank and Mission West, I’m proud to say I’m now the owner. The Duford Tire website says, ‘Ask any car or truck owner in Polson who they recommend. Chances are they will tell you Duford Tire.’ I plan to carry on that tradition of outstanding customer service as X’LNT Tire and Automotive.”