By Natalie Sejnost, Crain News Service
DETROIT (Jan. 23, 2014) — Hagerty Group L.L.C. recently announced it has teamed-up with LeMay–America's Car Museum to help develop a new educational program focusing on vehicle restoration.
The hands-on learning program—dubbed the "Hagerty Education Program at America's Car Museum"—will provide scholarships as well as educational grants to students who are eager and committed to the collector-vehicle industry.
The Tacoma, Wash.-based LeMay Museum, which opened on June 2, 2012, houses a collection of classic and vintage automobiles, trucks and motorcycles, most of them donated by the family of refuse business owner Harold LeMay.
Hagerty, which specializes in insurance for antique and vintage autos and classic and wooden boats. wants to carry on the success of the former Collectors Foundation, originally introduced in 2005, to continue to educate young people between the ages of 14-25 on the inner workings of the automotive preservation and restoration process.
The extent of Hagerty's Collectors Foundation success caught the eye of the LeMay Museum board of directors, and soon after the two joined together to help create a nationwide program.
The Collectors Foundation has awarded a total of $2.75 million since 2005, ultimately impacting 25,000 students through scholarships, 27 internship opportunities and more than 100 programs. The Foundation has also received the support of 10,000 donors from the collector community and other organizations nationwide.
Hagerty has since made a lead commitment of $1.75 million over the course of the next five years to help kick start the new program and promote the nationwide effort to educate young people for careers in the automotive restoration field.
"Transmitting the skills necessary for the preservation, restoration and maintenance of vintage vehicles is central to preserving our automotive heritage," said David Madeira, president and CEO of LeMay–America's Car Museum. "We applaud Hagerty for being at the vanguard of such efforts through its commitment of $5 million to educational projects over the last decade."
For more information or to apply for a classic car education scholarship, visit the program's website.
This report appeared on the website of Autoweek magazine, a Detroit-based sister publication of Tire Business.