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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.
SYSCO went public in 1970 and that year made its first acquisition, of Arrow Food Distributor.
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.
Cotros, who had been the firm's president, had joined SYSCO in 1974.
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.
Clark Food Service Equipment was founded in 1978 as part of the Clark Associates family.
"Great Distributor Organization Study: SYSCO Corporation," Institutional Distribution, June 1980.
1980 Calumet Enterprises is founded by Lloyd and Fred
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.
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.
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.
Civin, Robert, “Sysco: Distribution’s $7-Billion Entrepreneur,” Institutional Distribution, April 1990.
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 The first Restaurant Store opens in Lancaster & Fred Clark is named CEO of Clark Associates
SYSCO’s operating companies, which by 1995 numbered 58, had always been allowed to function in a largely autonomous manner.
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.
Hassell, Greg, "The Sage of Sysco: Retired Founder Still at Work," Houston Chronicle, July 10, 1998.
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.
Guest Supply's sales for fiscal 2000 totaled approximately $366 million.
Kreimer, Susan, "Sysco to Expand Presence in Canada," Houston Chronicle, December 6, 2001.
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.
International Food reported 2003 revenues of $77.8 million.
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 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 The new 2205 office building is opened in Lancaster
2008 Clark Food Service Equipment expands its operations into Bradenton, FL
2009 Clark Convenience Store Products division is founded & David Groff is named President of WebstaurantStore
2010 Clark EcoEnergy division is founded
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 Clark TurnKey Solutions Group opens in Charlotte, NC Named CPBJ’s fastest growing company
2014 Clark Service Group opens office in Baltimore, MD
2015 Named Foodservice Equipment and Supplies Dealer of the Year Steve Leaman is named President of the Restaurant Stores
CFESA Members Elect Board MembersMay 24, 2016
2016 WebstaurantStore Learning Center is opened
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
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
The beginning of 2020 was like no other in the past fifty years.
© 2020 Clark Food Service Equipment - All Rights Reserved.
Celebrated Clark Associate’s 50th Anniversary in 2021
"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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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Equipment Sales & Services Corporation | - | $4.9M | 35 | - |
| Murray Biscuit Company | 1940 | $24.0M | 30 | - |
| Hi-Line | 1959 | $660,000 | 125 | 106 |
| Power Distributing | 2000 | $1.0M | 25 | - |
| IDC-USA | 2005 | $176,302 | 2 | 5 |
| Evergreen Enterprises | 1993 | $130.0M | 400 | 11 |
| Harrington Industrial Plastics | 1959 | $300.0M | 200 | - |
| Kimball Midwest | 1923 | $140.0M | 670 | 28 |
| Premier-Midwest Beverage | 1976 | $13.0M | 125 | - |
| Fastenal | 1967 | $7.5B | 20,565 | 612 |
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