Four Points company rallies state budget
For the past 3 1/2 years, Steve Farrar has given a voice to sports fans, college alumni, outdoors enthusiasts and Texans—all while adding $16.5 million to the state's general revenue coffers to support education, roadway improvement and other growth in the Lone Star State. The Steiner Ranch resident —president of License Plates of Texas, also known as MyPlates.com—is responsible for creating the colorful, personalized license plates displayed on many vehicles roaming the state.
Aussie invasion
Farrar stepped in to lead Texas' specialized license plate program following the 2008 departure of My Plates Inc., a subsidiary of an Australian-based company that founded Personalized Plates Queensland. Farrar originally moved from Australia to the U. S. to launch My Plates Inc. as general manager and was surprised when executives informed him the business was closing its North American operation. Farrar chose to remain in Austin and formed MyPlates.com, which, in November of 2009, was awarded a contract as Texas' sole vendor of specialized plates.
At the helm, Farrar immediately made big changes—slashing $200 off most plate prices, increasing communication about the product and adding more designs. Renamed as its website, buyers could easily find the new company, Farrar said. He partnered his venture with Etech Inc. and Pinnacle Technical Resources.
Farrar said that although each state has specialty license plates, he knows of no other state with a private vendor agreement for such plates.














