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Premier Distributors, Inc. history
Premier Distributors, Inc. company history timeline
The company was established in 1940 as Premier Automotive Supply Company when three brothers--Morton, Jack, and Joseph Mandel--bought their uncle's storefront auto parts distributorship for $900.
In 1946, the company was incorporated as Premier Industrial Corporation The name change clarified an ongoing shift from standard automotive parts to specialized industrial maintenance products.
Nifda was founded in 1958.
In 1960, the company began supplying Supertanium nuts and bolts to Indy drivers at the track's Gasoline Alley.
By 1960, when Premier went public, sales revenues stood at $12.6 million.
In 1964, Premier acquired J.I. Holcomb Manufacturing Co. for $10 million from Butler University.
The company's 1968 purchase of Chicago-based Newark Electronics Co. for about $6.5 million marked a turning point for Premier.
By 1975, international sales contributed five percent of the company's annual revenues.
Morton Mandel and Premier were instrumental in the creation of Cleveland's Mid-Town Corridor in 1982.
By 1991, the company had $226 million in working capital and $52 million in cash and cash equivalents.
Although UniPro has only existed in its present version since 1997, the roots of the company have been in place for over fifty years.
UniPro and Premier merged on February 1, 2002.
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Premier Distributors, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Winning Edge | 1995 | $270,000 | 6 | 1 |
| Boyds Philadelphia | 1938 | $28.0M | 67 | - |
| Franklin Covey Co | 1983 | $287.2M | 1,000 | 332 |
| Carlisle Etcetera | 1982 | $31.0M | 334 | - |
| Donald J Pliner | 1989 | $790,000 | 25 | - |
| Iron Age Holdings Corporation | 1817 | $240.0M | 745 | - |
| Grant's Appliances | - | $600,000 | 25 | - |
| Carpet One Floor & Home | - | - | - | 2 |
| Carpet King | - | $1.1M | 25 | - |
| Boll | 1888 | $8.5M | 292 | 4 |
Zippia gives an in-depth look into the details of Premier Distributors, Inc., including salaries, political affiliations, employee data, and more, in order to inform job seekers about Premier Distributors, Inc.. The employee data is based on information from people who have self-reported their past or current employments at Premier Distributors, Inc.. 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 Premier Distributors, Inc.. The data presented on this page does not represent the view of Premier Distributors, Inc. and its employees or that of Zippia.
Premier Distributors, Inc. may also be known as or be related to Premier Distributors and Premier Distributors, Inc.