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    JP Foodservice Inc.
    list rank

    From the April 28, 1997 Washington Post


    '96 (in $ 000s) % Change From '95
    Revenue 1,449,303 12.5
    Net Income 16,913 293.6
    Rank Last Year: 19

    Description:
    JP Foodservice distributes food and other products, including cleaning supplies, to restaurants, hotels, hospitals, nursing homes and prisons throughout the mid-Atlantic, Midwest and Northeast regions. The company's clients include Perkins Family Restaurants, Subway and Ruby Tuesday.

    Business Resume:
    • Contact Info --
      9830 Patuxent Woods Dr.
      Columbia, Md. 21046
      410-312-7100
    • Main Business --
      Food distributor
    • Founded --
      1989
    • Chairperson --
      James L. Miller (CEO)
    • President --
      James L. Miller
    • Employees --
      3,500
    • D.C.-Area Employees --
      485
    Developments:
    JP Foodservice continued acquiring companies as part of its growth strategy during its fiscal year ended June 29. The company purchased Valley Industries Inc., allowing it to serve the rapidly growing Las Vegas market, and Arrow Paper Supply and Food Co. in Connecticut. JP Foodservice also spent $5 million to construct a 45,000-square-foot addition to its distribution center in Allentown, Pa.

    The company completed the sale of a 22 percent stake held by Sara Lee Corp., of which JP Foodservice is a former subsidiary. The sale, part of a secondary offering, brought JP Foodservice $122.9 million. In February, Chicago-based Sara Lee and JP Foodservice ended talks aimed at merging the two companies' food distribution businesses.

    Copyright 1997 The Washington Post

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