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1957: While still a Georgia-Pacific executive, Robert B. Pamplin, Sr., uses company stock to fund a family holding company known as R.B. Pamplin Corp., which was initially used to purchase real estate.
As the company’s fifth employee, he worked his way up its corporate ladder to become secretarytreasurer, then financial vice-president, administrative vice-president, executive vice-president, and, finally, chairman of the board and chief executive officer in 1957.
Pamplin, Jr., earned two master’s degrees, one in business administration and one in education at the University of Portland, and after a bout with cancer in 1975, a master’s and a doctorate at Western Conservative Baptist Seminary in Portland, Oregon.
By the time he retired due to company policy on his 65th birthday on November 25, 1976, Georgia-Pacific had grown to employ 40,000 and had evolved into one of the largest integrated manufacturers of plywood, lumber, gypsum, and other building products in addition to pulp, paper, and paper products.
When he “got in a fuss with [Mount Vernon’s] management” in 1982, he purchased the remaining outstanding shares of the company in order to replace its managers and undertook a $5 million expansion program to improve operations.
With the 1985 acquisition of Riegel, it moved from 13th to fourth in a ranking of Oregon’s privately held corporations.
In 1986, Pamplin, Sr., gave $10 million to Virginia Tech, and they named the College of Business after him.
In the early 1990’s, a tract of land in Dinwiddie County, Virginia, became available for purchase.
In 1992, Pamplin, Jr., chairman of the board of Lewis and Clark College in Portland, challenged its students and staff to meet or beat him in a series of physical fitness activities in return for his donation of up to $1 million.
Its 1993 revenues from its mills and Ross Island totaled almost $700 million, on which the company made a $50 million profit.
In 1993, this division purchased Christian Supply Centers, Inc., six retail stores specializing in religious educational materials for home schooling in the Portland metropolitan area.
He acquired the original one-hundred acres of historic land and funded the construction of a $5,000,000 development, including an interpretive center and a one-mile trail, which opened in June 1994 as Pamplin Park Civil War Site.
In 1998, in a very different venture, Pamplin, Jr., teamed up with a former employee of Made in Oregon, a chain of stores that sold items manufactured in Oregon exclusively, to form Your Northwest, which opened its first store in Dundee, Oregon, in 1998.
That vision became a reality on Memorial Day Weekend 1999, with the opening of The National Museum of the Civil War Soldier, a 25,000 square-foot, $13,000,000 state-of-the-art facility.
In 2000, the subsidiary bought Community Newspapers, Inc., through which it gained control of 11 suburban Portland papers that had a combined circulation of 175,000.
Pamplin Music Company, a division of Pamplin Communications, was the fourth largest independent distributor of Christian music by 2001.
In 2001, the newly inaugurated Portland Tribune, owned and published by Pamplin Communications, went head-to-head with the 150-year-old Oregonian, the first paper to do so in 20 years.
"R.B. Pamplin Corp. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/rb-pamplin-corp
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Pamplin Communications may also be known as or be related to Pamplin Communications, Pamplin Communications Corporation, R B Pamplin Corporation, R.B. Pamplin Corp., RB PAMPLIN CORP and RB Pamplin Corp.