The Specialty Equipment Market Association (SEMA) has grown spectacularly since its inception in 1963 when a group of manufacturers began to organize the industry. While SEMA now encompasses educational opportunities, technological assistance, legislative support, consumer interaction and direct liaisons with the automakers, the ultimate illustration of the industry’s development is its iconic event in Las Vegas.
From a modest inaugural affair with a few dozen exhibitors in the mid-’60s to more than 2,000 companies offering displays that will sprawl across more than a million square feet of convention halls in 2008, the SEMA Show is a shining reflection of the industry’s strength. Comprised of a network of businesses that contribute over $38.1 billion in earnings to the economy from about 7,100 SEMA-member companies, the automotive specialty-equipment industry owes its existence and vitality to individuals who have given their energy, time and talents to building both national and global commerce.
The SEMA Hall of Fame award was established to honor those who helped create and sustain the industry. To be considered for the SEMA Hall of Fame, a candidate must have contributed to the industry on a national level and have been involved in the industry and/or the association for a minimum of 10 years. In addition, nominees must have made significant contributions toward enhancing technology, professionalism, dignity and/or the general stature and growth of the industry, acting with a high degree of integrity, and must be at least 40 years of age. While a contribution to SEMA is generally an important consideration for nomination, the nominating committee may, at its discretion, select an individual who has not had close ties with the association.
Four industry champions will be inducted into the SEMA Hall of Fame for 2008. Join us in welcoming Raymond Bleiweis, Ben Nighthorse Campbell, Joseph “Corky” Coker and Bob Cook to their places among SEMA’s elite.
Joseph “Corky” Coker delights in seeing people happy. He is passionate about his family, friends and businesses. He is energetic and ambitious, compassionate and caring. And he was born to be in the automotive specialty-equipment industry.
His father Harold opened the Coker Tire Company in 1958, and Coker remembers sweeping floors and cleaning wide whitewalls as his earliest jobs. But even though he was nicknamed after a character in the old “Gasoline Alley” comic strip, he was not enthralled about working at a tire company. In addition to the time spent at his father’s business, Coker grew up among livestock on the family farm. He liked the animals more than the rubber and planned to become a veterinarian until a too-carefree attitude at Middle Tennessee State University and the University of Tennessee at Chattanooga put an end to that plan. As he recalled it: “I made all Bs in college—banjos, beer and babes—so I was not quite the student it took to become a vet.”
Instead, he discovered that he actually enjoyed working at the tire store when he returned there and split his time between the business and school in Chattanooga. When he ultimately went full-time, his father directed him to take on the small antique-tire niche, which was then less than 5% of the company.
“I suddenly realized that selling hot-rod and Model A tires to these guys made them very happy,” he said. “They smiled when they did business with me because they got to play with their toys. I really got my head into it and started developing some ideas and goals of my own.”
Over the years, Coker put those ideas into practice and began to add to the goals. The antique-tire segment of the business now encompasses 95% of Coker Tire’s earnings, and the company ships tires throughout the United States and to 32 other countries. Coker acquired vintage molds from around the world to build stock, contracting with both domestic and foreign manufacturers to produce the company’s inventory. He negotiated licensing agreements and distributorship deals for vintage tires with producers, such as BFGoodrich, Firestone, Michelin and U.S. Royal, and he developed a separate division to sell accessories and automobile collectibles and memorabilia.
Coker’s personal auto collection includes more than 50 cars and 50 antique motorcycles, and he takes part annually in The Great Race, which is an antique touring event that runs from coast to coast. In 1998, Coker acquired Honest Charley, one of America’s first speed shops, which was started in 1948 by Honest Charley Card, himself a SEMA Hall of Fame member. Honest Charley celebrates its 60th anniversary this year.
As he worked to grow his businesses, Coker also devoted time to building the whole industry through his efforts with SEMA. He was one of the founders of the Automotive Restoration Market Organization, which named Coker Tire its Manufacturer of the Year in 1997 and inducted Coker into its Hall of Fame the following year. He served numerous terms on the SEMA Board of Directors and became the association’s chairman in 2003.
During the course of his involvement with the association, Coker helped establish the SEMA Political Action Committee, guided the group toward an investment strategy that improved SEMA’s financial resources to ensure future security and also encouraged the development of better relationships with auto dealers that has now led to the development of the ProPledge warranty program.
Though faith and charity are hallmarks of his character, Coker’s humanitarian and community involvements are less well-known. He is a recipient of the Silver Beaver award from the Boy Scouts of America, that organization’s highest volunteer honor, and he has continually been active in his local Chamber of Commerce. In addition, he was selected as Tennessee’s Person of the Year by the Small Business Administration in 1996. He has made charitable visits to the Caribbean Christian Center for the Deaf in Granville, Jamaica, and he serves on the board of directors for Chosen Children Ministries, a Christ-centered ministry to orphanages, with a focus on Nicaragua.
“Doing right means something,” he said. “I became a Christian in my early 20s, and the Lord has guided me. Having a grandmother who prayed for me every day has been part of the reason for my success. She passed away a few years ago, and somebody asked me, ‘What are you going to do now that your grandmother isn’t praying for you any more?’ I said, ‘That’s not the case. She’s whispering in His ear now.’”
Family has always been at the core of Coker’s life, both personally and in business. He points to his father and his grandfather as the major figures who guided him. He has been married to Theresa Coker for 30 years. His daughter Casey joined the family business two years ago, and his son Cameron graduated from college and went to work for Apple Computers a year ago. His brother spent a number of years in the business and then started his own company, Newstalgia Wheel, and his sister is involved in education in Franklin, Tennessee.
Coker’s passion for his family and the industry is obvious, but he also holds an abiding love for his country.
“When we have the opportunity to be out in a convertible or a hot rod and see America, they always give us a thumbs-up and say that they love what we do,” he said. “Why wouldn’t I cherish that? It’s absolutely the best part of what I do.”