Gene Haas, a reclusive entrepreneur who built a multimillion-dollar company in Oxnard, surrendered to federal authorities Monday to begin serving a two-year prison sentence. The 55-year-old Camarillo resident was convicted of conspiring to cheat the government out of millions of dollars in taxes owed by his company, Haas Automation Inc., the country’s largest machine tool builder. Haas must serve the entire prison sentence because parole isn’t granted in the federal system. He pleaded guilty in August to one of 11 federal charges brought against him. His plea deal also requires him to pay about $75 million in restitution and fines, which he has done. The company also owns Haas CNC Racing, which has competed in NASCAR since 2002. The race team currently fields two Sprint Cup Series teams with a 2008 lineup featuring drivers #66-Scott Riggs and #70-Jeremy Mayfield. On Monday, Haas checked into the Federal Correctional Institution, a low-security prison for male inmates near Vandenberg Air Force Base near Lompoc, according to his attorney Brian Hennigan. Haas has long been regarded as an extraordinary success who founded his company in 1983 and built it into the country’s largest machine tool builder. Haas Automation remains one of Ventura County’s larger employers, with about 1,550 workers at a manufacturing complex at 2800 Sturgis Road in Oxnard. Haas also is known as one of the county’s more generous philanthropists. According to previous company statements, Haas has not been involved in the daily operation of the business for nearly a decade and the business has not been affected by the federal charges.(Ventura County Star)(1-15-2008) Comment
