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In January 1964 the T K M portion of the company was sold to the Garrett Corporation of Los Angeles, a supplier of military hardware.
In July 1964 Macler Industries, Inc. of Friendship purchased all the outstanding stock of Drake Manufacturing Company.
After working several years at Walters Chevrolet in most every department and graduating from college in May of 1976, Mitch moved to Bristol, Tennessee to further his experience in the automotive industry.
Along with a long time friend, Steve Stefanovich, Mitch purchased the Honda dealership in Boone, North Carolina in late 1999.
The dealership was renamed High Country Honda of Boone and opened for business in January 2000.
In November of 2005, Mitch was awarded an additional Hyundai franchise in the Tri-Cities.
In June of 2012, Quick Lane Tire and Service Center was opened in Bristol, Tennessee as a subsidiary of Friendship Ford of Bristol.
Friendship entered the motorsports business in June 2015 by opening Friendship Motorsports in Bristol, Virginia.
Mitch purchased Tom Hall's interest in January 2017.
Friendship purchased King Ford of Lenoir in January 2019 and rebranded this location as Friendship Ford of Lenoir.
Ford Motor Company finally awarded the franchise to Mitch and Friendship Ford of Bristol was born! In the spring of 2019 Friendship Ford of Bristol moved to an all new state of the art 41,000 square foot new Ford dealership located on West State Street near Interstate I-81.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Lafayette Industries | 1976 | $3.4M | 37 | - |
| ORC Industries | 1966 | $15.0M | 22 | - |
| Goodwill of El Paso | 1948 | $10.0M | 120 | 16 |
| Smith Optics | 1965 | $19.0M | 422 | 2 |
| Missa Bay Llc | - | $21.0M | 200 | - |
| Chem-Pak Janitorial Supplies & Equipment | - | $4.0M | 7 | - |
| Zazzle | 2005 | $250.0M | 6 | 3 |
| Cinram | 2012 | $430.0M | 1,300 | - |
| Quality Packaging Specialists International | 1992 | $190.0M | 1,800 | 2 |
| Haan Crafts | 1977 | $1.8M | 2 | - |
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Friendship Industries may also be known as or be related to FRIENDSHIP INDUSTRIES INC, Friendship Industries, Friendship Industries Inc and Friendship Industries, Inc.