Systems and Services Company, known by the acronym Sysco, was founded by Herbert Irving and John F. Baugh in 1969 as a foodservice company that provided ready-made meals.
The company went public the next year on the New York Stock Exchange and had sales of $115 million.
During the 1970s Sysco grew steadily due to their continued diversification into new products, such as fish, meat, and fresh produce.
In 1976 Sysco acquired Mid-Central Fish and Frozen Foods, which expanded the company’s distribution capabilities to the national level.
During the 1980s Sysco acquired several of their competitors, making it the largest food distribution company by the end of the decade.
In 1991 they spun off their chain restaurant distribution system into a new company called SYGMA.
Ttoday Sysco provides meals to hospitals, educational facilities, restaurants, and lodging facilities. They also produce equipment and supplies for the foodservice and hospitality industries. They have more than 400,000 clients throughout the United States, Canada, and most recently, Ireland.
Sysco Corporation
Systems and Services Company, known by the acronym Sysco, was founded by Herbert Irving and John F. Baugh in 1969 as a foodservice company that provided ready-made meals.
The company went public the next year on the New York Stock Exchange and had sales of $115 million.
During the 1970s Sysco grew steadily due to their continued diversification into new products, such as fish, meat, and fresh produce.
History
In 1976 Sysco acquired Mid-Central Fish and Frozen Foods, which expanded the company’s distribution capabilities to the national level.
During the 1980s Sysco acquired several of their competitors, making it the largest food distribution company by the end of the decade.
In 1991 they spun off their chain restaurant distribution system into a new company called SYGMA.
Ttoday Sysco provides meals to hospitals, educational facilities, restaurants, and lodging facilities. They also produce equipment and supplies for the foodservice and hospitality industries. They have more than 400,000 clients throughout the United States, Canada, and most recently, Ireland.
