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Ingram Book Group Inc history
Ingram Book Group Inc company history timeline
After the arrival of a new company president in 1969, the distributor, which had been making about $3 million in trade sales, began a series of innovative programs.
In 1972, Ingram Book built on these gains by developing a microfiche system that provided weekly inventory updates to booksellers.
However, in 1973, Ingram did form a joint venture to build an oil refinery in Louisiana with Northeast Petroleum Industries, Inc.
In 1975, the company formed a joint venture to develop petroleum in Iran.
In October 1976, gross monthly orders reached $1 million for the first time.
In 1978, the Ingrams rearranged the corporate structure of their holdings, and changed the name of their company from Ingram Corporation to Ingram Industries, Inc.
In 1981, Ingram Book branched out from wholesaling to purchase the John Yokley Company, a commercial printer.
Micro D's revenues during that time had shot up to $553 million in 1988.
In March 1992, Ingram strengthened its distribution operations further when the company purchased the Commtron Corporation, a videocassette wholesaler, and merged it with its Ingram Entertainment, Inc. subsidiary, which also distributed videocassettes.
But Ingram Micro got a new CEO, Jerre Stead, formerly of AT&T, in August 1996, and the public offering went off successfully in November.
1996: The company is reorganized; Ingram Micro is spun off as a publicly traded company.
Bronson Ingram had declared that he would retire from the company when he was 65, which would have been in 1997.
By 2000, Ingram Industries had seen its sales grow to over $2 billion.
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Ingram Book Group Inc competitors
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| LuckyVitamin | 2004 | $58.0M | 375 | - |
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| Dayton, OH | 1898 | $4.1B | 7,000 | - |
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| Shopbop | 2000 | $10.6M | 400 | 6 |
| BuySeasons | 1999 | $100.0M | 750 | - |
| Omni Packaging | 1984 | $990,000 | 50 | - |
| Heritage Sportswear | 1982 | $186.1M | 200 | - |
| Exxel Outdoors | 1997 | $12.6M | 500 | 14 |
Ingram Book Group Inc history FAQs
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Ingram Book Group Inc may also be known as or be related to Ingram Book Group Inc and Ingram Content Group.