History
The Jim Pattison Group began on May 8, 1961 when Mr. Pattison purchased a General Motors automobile dealership by borrowing $40,000 from the Royal Bank of Canada, and placing his home and life insurance policy with the bank as collateral. Acquisitions in subsequent years included the following:
- 1965 - Awarded license to operate Vancouver AM radio station CJOR
- 1967 - Acquired Neon Products (Vancouver) & Seaboard Outdoor Advertising
- 1968 - Acquired Overwaitea Foods (Vancouver)
- 1969 - Acquired Provincial News (Edmonton)
- Employees: 2,500 Sales: $100 million
- 1980 - Started Jim Pattison Real Estate Group
- Employees: 6,000 Sales: $500 million
- Purchased Beautiful British Columbia Magazine
- 1984 - Acquired Canadian Fishing Company
- 1985 - Acquired Ripley's Believe It or Not!
- Employees: 6,000 Sales: $1 billion
- 1990 - Acquired the Foodservice Packaging Group
- Acquired the Flexible Packaging Group
- Acquired Coroplast and Montebello Packaging
- Employees: 10,000 Sales: $2 billion
- 1991 - Started Jim Pattison Trade Group
- Started Financial Services division
- 1994 - Acquired Westshore Terminals, a BC-based coal-export terminal facility
- Employees: 15,000 Sales: $3 billion
- 1995 - Acquired Buy-Low Foods
- 1997 - Started Select Media Services
- Opened Ripley's Aquarium, Myrtle Beach, SC
- 1999 - Acquired Cooper's Foods
- Employees: 20,000 Sales: $4.4 billion
- 2000 - Opened Ripley's Aquarium of The Smokies, Gatlinburg, TN
- Employees: 22,000 Sales: $4.6 billion
- 2001 - Acquired Monarch Broadcasting
- Acquired Van-Whole Produce
- Employees: 24,000 Sales: $5 billion
- 2002 - Started ProLogix Distribution Services and AccuLogix Distribution Services
- Acquired Ever Corp.
- Employees: 25,000 Sales: $5.2 billion
- 2003 - Acquired LIN PAC Inc.
- Employees: 26,000 Sales: $5.5 billion
- 2004 - Acquired Classic Attractions (Texas)
- Acquired St. Augustine Sightseeing Trains (Florida)
- Acquired Maltese Signs (Norcross, GA)
- Acquired auto lease business of Cross-Canada Car Leasing Limited (Toronto, ON)
- Acquired periodical distribution companies in San Jose and Chico, CA
- Employees: 27,000 Sales: $5.7 billion
- 2005 - Acquired control of Icicle Seafoods (BC.) Inc.
- Acquired Freeway Dodge Chrysler
- Acquired Spartech Corporation’s corrugated plastic sheet business
- Started the Vancouver edition of 24 Hours (in partnership with Quebecor Media)
- Formed or purchased interests in several US and Canadian joint ventures in the periodical industry
- Employees: 28,000 Sales: $6.1 billion
- 2006 - Acquired Carthage Cup, Carthage, TX
- Acquired Creative Outdoor Ads, Halifax, Nova Scotia
- Acquired Island Radio Ltd.'s six FM stations on Vancouver Island
- Acquired OK Radio Group Ltd.'s two FM stations in Victoria, BC
- Acquired A&W Fixtures, Cocoa, Florida
- Started Great Pacific Bank Limited, Warrens, Barbados
- 2007 - Disposed of interest in the Vancouver 24 Hours
- 2008 - Acquired Guinness World Records from HIT Entertainment
- 2010 - Acquired Amc Billboard Co
- 2011 - Acquired Ocean Brands
Read more about this topic: Jim Pattison Group
Famous quotes containing the word history:
“I believe my ardour for invention springs from his loins. I cant say that the brassiere will ever take as great a place in history as the steamboat, but I did invent it.”
—Caresse Crosby (18921970)
“It would be naive to think that peace and justice can be achieved easily. No set of rules or study of history will automatically resolve the problems.... However, with faith and perseverance,... complex problems in the past have been resolved in our search for justice and peace. They can be resolved in the future, provided, of course, that we can think of five new ways to measure the height of a tall building by using a barometer.”
—Jimmy Carter (James Earl Carter, Jr.)
“A people without history
Is not redeemed from time, for history is a pattern
Of timeless moments.”
—T.S. (Thomas Stearns)