In 1997, after 15 years in my family’s auto parts business, I was suddenly facing one of the biggest challenges of my life. The market for our business, automotive cores, was rapidly shrinking. Better rebuilding practices, Chinese knock offs and the disappearance of most of the old line rebuilders had driven down our business and the industry. Given that I had a young family to support, I knew that something had to change. In September of that year, I sat down with my dad and discussed leaving and starting a new business – Goldfarb & Associates Inc.
Goldfarb and Associates, Inc. started out of the back of my 1997 Ford Taurus station wagon. While I was searching for different auto lines to peddle, I stumbled across the Association of Diesel Specialists (ADS) website and recognized two of its members, Thom Miles from Turbo Air and Joe Pieroschek from Arundel Fuel Injection. Both these guys had been former customers and I knew that they worked exclusively in the diesel parts industry.