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Sysco Corporation (short for Systems and Services Company) is an American multinational corporation involved in marketing and distributing food products, smallwares, kitchen equipment and tabletop items to restaurants, healthcare and educational facilities, hospitality businesses like hotels and inns, and wholesale to other companies that provide foodservice (like Aramark and Sodexo).
It goes without saying that food is big business. In fact, it's a $235 billion industry, and distributor Sysco is a major player. It serves about 18% of the market, but at the same time, Sysco's ...
On December 9, 2013, Sysco Corp announced it would acquire US Foods for $8.2 billion ($3.5 billion plus $4.7 billion of debt), [17] but on June 24, 2015, U.S. federal judge Amit Mehta ruled that the combined Sysco-US Foods would control 75% of the U.S. foodservice industry and that would stifle competition. On June 29, 2015, Sysco terminated ...
Kevin Hourican, CEO of the food-distribution giant, spoke to TIME about supply-chain crisis aftershocks and more
NRG Energy will buy the energy and schedule, distribute and manage the energy for Sysco. The solar project is expected to come online by the first quarter of 2019. [22] The solar installations are expected to provide 10 percent of Sysco's electricity nationwide by generating 25 megawatts of power. [23]
The Dallas branch would receive railcars of groceries from suppliers, canners and the Sexton Quality Foods Manufacturing Divisions. In 1941, Sexton introduced a line of frozen fruits and vegetables. The frozen food line was discontinued in mid-1942 due to the United States entering World War II and the need for Sexton to focus on providing ...
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Sysco (NYS: SYY) , the U.S.' largest food distributor, posted flat net earnings in the first quarter. ... For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in ...