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Clark Foodservice, Inc. company history timeline

1969

In 1969 Baugh convinced the owners of eight other small food distributors to combine the nine companies, forming what he hoped to mold into a national foodservice distribution organization, one that would be able to distribute any food despite its regional availability.

Founded in 1969, SYSCO has grown steadily ever since—mainly through dozens of acquisitions of smaller distributors—with annual increases in sales and earnings of 20 percent almost every year.

1970

SYSCO went public in 1970 and that year made its first acquisition, of Arrow Food Distributor.

1971

Clark Associates is a privately owned company with humble beginnings dating back to 1971 as an electrical contractor.

G/L Clark Associates was founded in 1971 by two brothers, Glenn Clark Sr. and Lloyd Clark, as an electrical contracting company serving residential and commercial customers in Lancaster, Pennsylvania.

1974

Cotros, who had been the firm's president, had joined SYSCO in 1974.

1976

1976 Lloyd’s son, Fred Clark, joins the company out of high school

In 1976 SYSCO acquired Mid-Central Fish and Frozen Foods Inc., expanding the company’s distribution capabilities around the nation.

1978

Clark Food Service Equipment was founded in 1978 as part of the Clark Associates family.

1980

"Great Distributor Organization Study: SYSCO Corporation," Institutional Distribution, June 1980.

1980 Calumet Enterprises is founded by Lloyd and Fred

1983

Geelhoed, E. Bruce, The Thrill of Success: The Story of SYSCO/Frost-Pack Food Services, Incorporated, Muncie, Ind.: Bureau of Business Research, College of Business and Department of History, Ball State University, 1983.

1984

In 1984 the Sysco Corporation continued its policy of acquiring its competitors when it purchased three operations of PYA Monarch, then a division of Sara Lee.

1988

One of SYSCO's largest acquisitions occurred in 1988, when the company paid $750 million for CFS Continental, at that time the third largest food distributor in the country, which added 4,500 employees and increased the number of markets SYSCO served to 148 out of the top 150 markets.

1990

Civin, Robert, “Sysco: Distribution’s $7-Billion Entrepreneur,” Institutional Distribution, April 1990.

1991

In 1991 SYSCO created a subsidiary called the SYGMA Network, Inc. to consolidate its chain restaurant distribution systems and improve its service to chain restaurants.

1993

1993 The first Restaurant Store opens in Lancaster & Fred Clark is named CEO of Clark Associates

1995

SYSCO’s operating companies, which by 1995 numbered 58, had always been allowed to function in a largely autonomous manner.

1997

1997 Glenn & Lloyd Clark, founders of Clark Associates, retire

SYSCO posted record sales of $14.45 billion in fiscal 1997, along with record net earnings of $302.5 million.

1998

Hassell, Greg, "The Sage of Sysco: Retired Founder Still at Work," Houston Chronicle, July 10, 1998.

1999

New fold-outs were being created about every six months, and several significant acquisitions were completed in 1999.

Lindig took on the additional role of chairman in 1999 but then retired the following year, when Charles Cotros became SYSCO's fourth CEO and chairman as well.

2000

Guest Supply's sales for fiscal 2000 totaled approximately $366 million.

2001

Kreimer, Susan, "Sysco to Expand Presence in Canada," Houston Chronicle, December 6, 2001.

2002

In May 2002 the company opened its first niche fold-out: a Buckhead Beef branch that began providing fresh-cut meat to the New York metropolitan area.

Significantly bolstering its presence north of the border, SYSCO bought Serca Foodservice from Sobey's, Inc. for about $280 million in early 2002.

2003

International Food reported 2003 revenues of $77.8 million.

2004

By fiscal 2004 SYSCO's steadily rising revenues had reached $29.34 billion, a 12.2 percent increase over the previous year, while earnings rose 16.6 percent, to $907.2 million.

2005

2005 First Distribution Center is opened in Lancaster, PA

SYSCO managed to achieve gains in both sales and earnings for the 29th straight year in fiscal 2005, but the gains were very small, 6 percent for earnings, which totaled $961.5 million, and just 3.2 percent for revenues, which nevertheless passed the $30 billion mark for the first time.

2007

2007 The new 2205 office building is opened in Lancaster

2008

2008 Clark Food Service Equipment expands its operations into Bradenton, FL

2009

2009 Clark Convenience Store Products division is founded & David Groff is named President of WebstaurantStore

2010

2010 Clark EcoEnergy division is founded

2012

2012 Gene Clark is named President of Clark Food Service Equipment Ranked 6th in Foodservice Equipment Reports magazine’s Top Dealers list WebstaurantStore office building opened in Lititz, PA

2013

2013 Clark TurnKey Solutions Group opens in Charlotte, NC Named CPBJ’s fastest growing company

2014

2014 Clark Service Group opens office in Baltimore, MD

2015

2015 Named Foodservice Equipment and Supplies Dealer of the Year Steve Leaman is named President of the Restaurant Stores

2016

CFESA Members Elect Board MembersMay 24, 2016

2016 WebstaurantStore Learning Center is opened

2017

CFESA Updates Board of Directors and Annual AwardsOctober 24, 2017

A Food Service Pro You Should KnowOctober 2, 2017

Received Foodservice Equipment Reports’ 2017 Management Excellence Award for Dealers Clark National Accounts is founded Hometown Provisions is acquired 2207 Office building is opened on Lancaster, PA, campus

2018

Commercial Food Equipment Service Association (CFESA) 2018

2018 Clark Service Group is spun off to Glenn Clark, Jr Named 2nd largest foodservice dealer by FES Magazine Named CPBJ’s fastest growing company WebstaurantPlus program launched 2209 East offices opened on Lancaster, PA campus Regal Foods founded

2020

The beginning of 2020 was like no other in the past fifty years.

© 2020 Clark Food Service Equipment - All Rights Reserved.

2021

Celebrated Clark Associate’s 50th Anniversary in 2021

2022

"SYSCO Corporation ." International Directory of Company Histories. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/sysco-corporation-0

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