Transportation & Logistics International - Winter 2017 - 92
WAREHOUSING & PACKAGING "The perfect customer is less about scale than the type of business they participate in. " -Shawn Meaney, CEO // JM Swank focuses on optimizing its supply chain and part of that effort is ensuring it right-sizes its fleet. A New Era JM SWANK STRIVES TO BECOME THE LEADING NATIONAL FOOD INGREDIENT DISTRIBUTOR BY INVESTING IN THE COMPANY. >JM SWANK BY JANICE HOPPE-SPIERS JM Swank is focusing on optimizing its supply chain network and transforming areas of the company that had been underinvested, after being acquired this summer by Platinum Equity, from ConAgra Foods. The new ownership is making investments in the company with the goal of becoming the leading national, full-line food ingredient distributor. "We have been in business since 1954, 92 TLIMAGAZINE.COM WINTER 2017 so we have been in the market for a long time. Over the past 25 years we've had the really nice opportunity to develop and grow the business as part of ConAgra Food - now ConAgra Brands," CEO Shawn Meaney says. "We will take all those attributes we've developed and maintained over the past six decades and really line up with a new ownership structure that truly wants to take the business to the next level." The North Liberty, Iowa-based company considers itself the No. 2 player today in the food ingredients distribution space. JM Swank says its scale, national presence and partnerships with domestic food ingredient manufacturers greatly contribute to that ranking, but its emphasis on service is really what distinguishes it from the competition. "The thing that's critically important is the tremendous amount of emphasis on the service side of our business; an at-------------------------------------- [ PROFILE ] JM Swank www.jmswank.com Headquarters: North Liberty, Iowa Revenue: $500 million Employees: 250 Specialty: Food ingredient distributor ---------------------------------------------------