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LESCO company history timeline

1962

The LESCO® story began in 1962, when James Fitzgibbon and Robert Burkhardt founded Lakeshore Equipment & Supply Company in Cleveland, Ohio.

1965

The company also started publication of a newsletter in 1965 (later known as the Lesco News) and had branched out to cover local, regional, and national trade shows.

In 1965, they launched a quarterly newsletter that spread expert agronomic information nationwide, reaching a circulation of 70,000.

1974

In 1974 the company hit a major milestone by formulating its first proprietary fertilizer at a facility in Wellington, Ohio.

After years of producing a core line of quality, reliable products, the brand released its first proprietary fertilizer blend in 1974.

1976

To augment the company's burgeoning sales, Fitzgibbon initiated a new program of marketing and distribution in 1976 by stocking a tractor trailer with goods and sending it directly to nearby clients.

LESCO introduced an innovative store-on-wheels distribution model in 1976—a stocked truck that delivered products to courses on demand.

1978

To meet rapidly-growing demand, the company opened a manufacturing plant dedicated to formulating sulphur-coated urea fertilizer in 1978—the first facility of its kind in the nation.

1979

The year closed with sales of over $21 million, more than 60 percent higher than 1979's figure.

1980

With a growing workforce, LESCO relocated to Rocky River, Ohio in 1980, where operations expanded to include equipment manufacturing.

1982

After using a wide range of machinery designed and built by other companies, Lakeshore's first piece of lawn care equipment--a rotary spreader--debuted in 1982.

1983

Lesco finished the year with $45 million in sales, about 15 percent higher than 1983's year-end figure of $39.1 million.

1984

Continuing its growth-focused mindset, the company officially changed its name to LESCO, Inc., and went public on NASDAQ in 1984.

1985

In 1985, the company received its first patent for the Jet-Action Spreader Deflector, the component that differentiated the 80# LESCO rotary push spreader from previous models.

1987

In 1987, LESCO was named by Forbes magazine as #66 on the list of Best Small Companies in America.

1990

By the end of 1990 Lesco's sales had risen to $117.5 million and income nearly tripled from the previous year to reach $3 million.

1991

In 1991 Lesco's sales climbed to $131.4 million with net income of about $2.5 million, despite some tense weeks in the first quarter due to raw material price fluctuations and the company's expansion.

1993

In 1993 the company's exposure increased dramatically through an agreement with Home Depot to carry Lesco merchandise in 103 of its stores.

1994

Analysts had estimated total 1994 sales to jump by 20 percent to between $192 and $205 million, with a 40 percent rise in income due in part to the company's Home Depot deal and Service Center expansion.

With over 120 Service Centers throughout the Midwest, Northeast, and South, and plans for another 18 before the end of 1994, the Service Centers were Lesco's fastest growing segment.

1995

As projected, Lesco had 138 Service Centers operating in the United States by early 1995 with plans for an additional 35 (for 173 total) in 34 states by year's end.

First quarter sales reflected the purchase at $53.5 million (up 13.3 percent from 1995's $47.2 million), rebounding from the last quarter of 1995.

1997

With more Lesco Superstores on the drawing board, along with increased exposure through Service Centers, Stores-on-Wheels, and Home Depot, Lesco was poised to assert itself further into the turf care marketplace and garner sales in the neighborhood of $290 million for 1996. Based on past experience, Lesco demonstrated more than enough staying power to substantially increase sales and income in 1997 and beyond.

2001

Where Our Story Began – 2001

A New Era of Partnership – 2001

2007

In its most significant acquisition yet, Deere & Co., purchased LESCO, Inc., in 2007.

2010

Pleasant, Tennessee in 2010, VLS invested millions of dollars in facilities improvements to meet the rising demand for its Waste to Energy services.

2012

Expansion continued to be a foundation for growth in sustainable services, and in 2012, VLS designed an Engineered Fuels manufacturing facility in Gray Court, South Carolina.

2015

In order to recognize the efforts being made to build the business and help customers grow at a local level, SiteOne introduced the President’s Club Awards at the December 2015 Area Managers Meeting.

2017

Our future begins with the strategy of our investors, and in 2017, VLS was acquired by Aurora Capital.

2018

The company launched a new e-commerce site in 2018, allowing turf professionals to order online and have products delivered to the work site.

VLS grew significantly in 2018 with the acquisition of Beauchan Rail Services which specializes in railcar cleaning and product transfer services.

2019

In 2019, the company made two more acquisitions.

In 2007, the LESCO brand was acquired by John Deere Landscapes, which would later become SiteOne Landscape Supply. It also launched a new line of advanced agronomic products in 2019, including carbon-based products and enhanced efficiency fertilizers.

2020

Seeing a growing need for waste-to-energy, VLS opened a grass roots Waste Management facility in January 2020 called VLS Houston adjacent to the Hockley Railcar Cleaning facility.

2021

The 2021 calendar year has already seen the acquisition of Pacific Trans Environmental Services and renamed it VLS San Diego.

2022

© 2022 LESCO. All rights reserved.

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Founded
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Zippia gives an in-depth look into the details of LESCO, including salaries, political affiliations, employee data, and more, in order to inform job seekers about LESCO. The employee data is based on information from people who have self-reported their past or current employments at LESCO. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by LESCO. The data presented on this page does not represent the view of LESCO and its employees or that of Zippia.

LESCO may also be known as or be related to LESCO, Lesco and Logistics & Environmental Solutions Corp.