World Omni to Hire Up to 75 New Local-Area Associates and Expand Operations

31 August 2000

World Omni to Hire Up to 75 New Local-Area Associates and Expand Operations

    MOBILE, Ala.--Aug. 31, 2000--World Omni Financial Corp., one of the nation's largest automotive-related finance and leasing operations, today announced plans to expand its Mobile customer service center and hire up to 75 new local-area associates during the next few months.
    World Omni's Mobile service center currently employs approximately 430 associates who provide automotive retail and lease customer service activities for Toyota dealers in the Southeastern United States. The new positions will be in the areas of customer service, collections, accounting, and administrative services.
    The new positions are being created as a result of the transfer of 130,000 retail and lease business accounts to Mobile from World Omni's service center in St. Louis. The signing of a major new client by World Omni's division, CenterOne Financial Services(sm), which will be serviced by the St. Louis service center, created the opportunity to expand Mobile operations.
    "The expansion will provide strong new employment opportunities for individuals in Mobile and is good news for the community and our company," said Brick Toifel, vice president, World Omni. Toifel added that interviewing and hiring of new associates for the Mobile service center will begin shortly. Interested applicants are encouraged to contact Suzanne Torbert, senior human resource generalist, World Omni, at (334) 639-7547 or suzanne.torbert@wofco.com.
    World Omni Financial Corp. manages approximately $10 billion of receivables representing 560,000 outstanding automotive lease and retail contracts and approximately $1.2 billion of automotive commercial loans.
    World Omni is a subsidiary of JM Family Enterprises, Inc., a diversified automotive company with revenues of $6.6 billion and the 18th largest privately held corporation in the U.S., as ranked by Forbes magazine. In January 2000, the company was ranked by a survey in FORTUNE(R) magazine as the 49th best company to work for in the U.S. Visit World Omni and JM Family Enterprises on the Web at http://www.jmfamily.com.