After playing key roles in each of these companies growth and productivity, he resigned in order to devote more time to the McLane Group, a parent company consisting of family owned companies operating throughout the world, which until November of 2011 included the Houston Astros where he served as Chairman and CEO. 1, a loaded LPGA field and more to watch in golf this week, How to watch PGA Tour's Arnold Palmer Invitational on ESPN+, Disputed loan at center of Commanders probe, Everything you need to know about F1's 2023 season, F1 season preview: Who's hot and who's not, Breaking down the latest in 2024 football recruiting, from top commits to March visits, Oral history: When Barcelona, Real Madrid played four Clasicos in 18 days back in 2011, LIVE Transfer Talk: Gvardiol, Bellingham named Real Madrid's top transfer targets. Drayton McLane Jr. is an American billionaire businessman. During that time, the company experienced an average yearly sales growth of 30percent. In the nine years with Hunsicker as GM, the Astros won 54% of their games. |, McLane Ford Dealership of Fredericksburg LLC. He continued as chairman of McLane Co. and was named vice chairman of Wal-Mart Corporation. Fantasy basketball: How concerning is LeBron James' injury. "I talked to Craig today. And if you were signing the huge checks you might sit there too. Amazon, Alphabet, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts. KRIV-TV first reported McLane's agreement with the investment firm. Privacy Policy For more detailed information about the business leader and philanthropist, read the official Drayton McLane Jr. McLane said the sale was for "family" reasons, and he was joined in the announcement by his two adult sons, DraytonIII and Denton. Through the years he had many offers to buy the company and never seriously considered any of the proposals. The facility houses administrative offices overseeing each of the companies that make up the McLane Group family, and the Class A office space also provides home to a few other companies. I talked to Jeff.". The desks and chest of drawers have blue laminate tops. John Wright has extensive operations, supply chain, and business expertise earned in 3rd-party logistics, manufacturing, cash management and technology companies. With all the heartache and hard times that come with owning the Houston Astros, Drayton McLane also gets the best seat in the house. Innovative solutions, along with the McLane familys enduring standards and unwavering commitment to customer service, allowed the company to achieve a high level of customer satisfaction and profitability. In 1894, the retail operations shifted into the wholesale grocery business, marking the beginning of McLane Company, Inc. The 74-year-old McLane said he's retained the New York investment firm Allen and Company to help him unload the team he purchased in November 1992 for about $117 million. Biography. Drayton McLane's house Maps / Drayton McLane's house Info Nearby (86) Like Tweet Google Maps Google Maps Bing Maps Birds Eye By neotrix @ 2008-09-12 01:02:16 @ 31.108589, -97.377207 Temple, Texas (TX), US The chairman of McLane Group and chairman and CEO of the Major League Baseball's Houston Astros lives here. Privacy Policy He turned down an offer from Crane in October 2008 and was approached by an investment group a year later. Houston Astros owner Drayton McLane is putting his franchise up for sale. Copyright Drayton McLane Jr., 2020. Drayton McLane Jr. was one of the first to develop and use emerging technology to streamline large scale supply chain operations. As a result of donations to both of his alma maters, Michigan State University and Baylor University have stadiums named after him. Dallas/Fort Worth Area. "Although some of them say can't you sit in the suites somewhere? Jeff Bagwell and Craig Biggio are still at the park, but made of bronze and playing outside. They were unable to bring home a championship, but they were the first Texas team to make it to the World Series and they also made a very positive difference in the community. Steve Greenberg, son of Hall of Fame slugger Hank Greenberg, is the firm's managing director. Since ChatGPT busted onto the scene a few weeks ago, it has elicited some sharp opinions. "It's going to be business as usual," McLane said. The visit started with the usual tour of the local Walmart, but then the unexpected happened. Located on the northwest corner of the campus, McLane Hall sits close to Hardy Hall and the Mayborn Campus Center which houses the gym, workout center, and recreational space. In 2005, Scott and White Memorial Hospital in Temple honored Drayton and his wife by creating the Elizabeth and Drayton McLane Jr. [19] Crane made bids to buy a team in both 2009 (for the Chicago Cubs) and 2010 (for the Texas Rangers), but neither effort succeeded, with the latter bid reportedly being rejected due to the influence of McLane despite reportedly being a better deal than the accepted one. [29] In nineteen seasons as owner, the team won 1,556 games while losing 1,456. In 1992, one of McLanes first and perhaps most notorious purchase was the Houston Astros baseball club. He is perhaps best known as the former owner of the Houston Astros, and for his company's long involvement with Walmart. Team icons Jeff Bagwell and Craig Biggio were both gone by the 2008 season, and Houston traded pitching ace Roy Oswalt and five-time All-Star Lance Berkman in 2010. The facility received a $4.3 million renovation in 2009. The 2003 offseason brought the arrival of Roger Clemens and Andy Pettitte, each of whom played for three seasons, while longtime reliever Billy Wagner was traded to the Philadelphia Phillies reportedly due to his harsh comments about McLane. He then served 14 years as general manager of operations. He worked in professional sports for the Nashville Predators and the Houston Astros. McLane Group founder, Drayton McLane Jr., grew a small grocery business into what is now one of the largest foodservice distributors in the world McLane Company. They decidedthe dealwas a great growth opportunityfor the company and the employees. By the spring of 2009, the McLane family had brought "new life" to Michigan State University's baseball facility through a $4 million commitment to enhance one of the most pristine environments in all of intercollegiate athletics. He is responsible for creating and implementing company strategy and overseeing the executive management team. One micro-fridge is included in each room. After graduation, McLane returned home to work for his father. [15][16] The team won their first postseason series in the 2004 National League Division Series and fell one game short of the World Series. Over the years, their philosophy remained consistent bring home a World Series championship to Houston and make a positive difference in the community. He will know what they think at a time when many baseball owners are out of sight. [2], As president and CEO of McLane Company from 1965 to 1994, he added 16 distribution facilities across the US. You can change the views of Drayton McLane's home by clicking on N, E, S or W. Drayton McLane home is located in Temple, TX USA. Drayton McLane Jr. (born July 22, 1936) is an American billionaire businessman. McLane Group: A diverse portfolio The McLane Family Foundation is making a difference in an extended community. Articles A native Texan, this acclaimed businessman, leader, and generous philanthropist, ensures the focus of all his endeavors are based upon strong Christian values and moral ethics. Temple, TX 76504, About Features of the building include a computer lab, a large lobby with a pool table, laundry room where laundry can be done free of charge, vending machines, a meeting room, and two separate TV lounge areas. 2 . Drayton Jr. was born in Cameron on July 22, 1936, attended the local high school and graduated from Baylor University in 1958 with a B.B.A. Greenberg said McLane has not settled on an asking price, nor does he have a specific buyer in mind. Donald Trumps real net worth? DraytonMcLane,Jr.serves as chairman of the McLane Group and is the former CEO of the Houston Astros Baseball Club. "I want players to know I care and I want fans to know I care," he said. "We had gone along for 18 years, and how our family needs to look at it, we just need to do stronger strategic financial planning for the future.". In 2003, Walmart sold the company to Warren Buffett's Berkshire Hathaway for $1.45 billion. Contact. The Associated Press contributed to this report. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. Cable and internet service are provided. "Do you deserve any of the blame," I asked. After building a multi-billion dollar enterprise through visionary leadership with McLane Company, it was time to take on a new challenge. McLane Company needed innovative ideas in order to remain competitive when Drayton joined the ranks in 1959. McLane emphasized Friday that he's in no rush to sell the team. He is chairman of the McLane Group, a holding company with a portfolio of various diverse enterprises. The Mandalorian's Season 3 premiere sets the stage for an adventurous third season of the hit Disney Plus Star Wars show. Under his leadership, the Astros won five division titles, built a new stadium, and played in the teams first World Series. Johns career journey has included significant leadership roles withRyder,XPO Logistics, One Network Enterprises and most recently Brinks, where he wasSenior Vice President & General Manager of US Operations before joining McLane Group. In 1991, McLane and shareholders sold the company to Sam Walton for 10.4 million shares of Walmart stock and $50 million in cash. Drayton McLane IIIgraduated from Baylor University in 1996 with a BBA in Marketing. Other career experience includes the recording industry (EMI Christian music) and real estate investing. "The television deal puts it in the class with the Yankees, Mets, Red Sox and a handful of others who have their own cable television outlet," Greenberg said. Sign up for the very best of the podcast, the blog, resources, and upcoming events once a month. The team was sold on November 17, 2011, for $680million. It is something he's done for 15 years and considers part of his job. The suspension drew outrage from conservatives like Sen. Steve Daines (R-Mont. "I bet $96 million they're wrong!". It creates growth and stability on the television side, that otherwise would be dependent on some third-party to deliver for you.". In 1990, when Drayton received a call from Sam Walton announcing a trip to Temple, it seemed natural considering their relationship. Founded by Drayton McLane Jr. in 1992, McLane Group is a holding company comprised of a variety of diverse enterprises that demonstrate a tradition of excellence and innovation established more than a century ago. Governor Abbotts Strike Force to Open Texas. |, McLane Ford Dealership of Fredericksburg LLC, The McLane Name at the Forefront of Innovation, Sheriff Blaylock: A Family Tradition of Service and Honesty, Distribution and Retail Pioneers Join Forces. Following the McLane Company's merger with Wal-Mart Inc. in 1990, Mr. McLane became vice president of Wal-Mart while maintaining his position with . Feb 2014 - Present9 years 1 month. Copyright Drayton McLane Jr., 2020. Sizing up the player of the year winners in all 32 Division I men's conferences. Drayton McLane III graduated from Baylor University in 1996 with a BBA in Marketing. They were one of the first to computerize the distribution system, a key move in McLane Companys success. Man says Travis Scott punched him in face at Midtown nightclub, Man shot into ex's home twice before being tased during arrest: HPD, Even trees aren't safe from thieves in Houston, video shows, Man dies 1 month after being shot by Montgomery Co. deputies, Neighbor exposes himself to child from his backyard, records show, Warm Wednesday, but a cold front could bring storms Thursday evening, Lineup for March Madness Music Festival looks fire, Bond set at $200K for man accused of shooting wife multiple times, Houston city council tables vote on Hobby Airport restaurant contract, Georgia star Jalen Carter charged with racing in fatal wreck, TikTok sets new default time limits for teens, Eli Lilly cuts insulin prices up to 70% amid pressure to slash costs. It is within easy walking distance to academic buildings and the library. Owner: 'Time is right' to put Astros up for sale, Top draft prospect Carter charged in fatal crash, Judge OK's some Flores claims vs. NFL for court, More PGA Tour changes: No cuts, smaller fields, No. A prediction odds makers made months ago. History of McLane GroupHow a Small Grocery Business Grew Into One of the Largest Foodservice Distributors in the World. He was, until 1990, the CEO of the McLane Company, a grocery and food service warehouse, supply, and logistics firm, and was, from 1993 until 2011, the chairman and CEO of Major League Baseball's Houston Astros. The talk is frequently about games lost or trades not made. By visiting the site you agree to comply with the Terms of Use, Privacy Policy and Code of Conduct. But Houston has finished with a losing record in three of the past four seasons, and attendance has dwindled as the team has moved forward after the departure of its most recognizable stars. The McLane name is synonymous with a strong commitment to quality and innovation. [20], McLane announced on November 21, 2010, that the Astros franchise was for sale again. [12] Dierker would lead the Astros to the postseason three more times over the next four seasons before Dierker was essentially pushed out by McLane and Hunsicker.[13]. MCLANE CLASSIC FOODS. It was the last postseason run for the Astros, who fell into a decade-long drought that saw just two winning seasons from 2006 to 2014, owing to an aging team that lacked a suitable farm system, as done due to McLane and others pushing for goals of a World Series with a favor for free agents that left the team cratering after 2008. McLane Company, Inc. is one of the largest supply chain services leaders, providing grocery and foodservice supply chain solutions for convenience stores, mass merchants, drug stores and chain restaurants throughout the United States. The website is intended to be an opportunity to exchange ideas for educational purposes. ChatGPT Swears It Can Optimize Your Inventory. Upon completion of his formal education, Drayton came back to begin working at the family business loading trucks on the second shift. Wireless internet in the building and two internet jacks per room. This time,he talked it over with his family and stakeholders for the company. Under his management, McLane hired four general managers (the longest being Gerry Hunsicker) and six managers, with McLane being described as having a special interest in running the team like a business under close watch. During his years with the company, McLane assisted his father in building an effective grocery distribution network that served convenience stores, supermarkets, and the fast-food industry nationwide. Lets Examine. Copyright 2023 KTRK-TV. He became president and CEO of McLane Company in 1978 and chairman in 1992. He is perhaps best known as the former owner of the Houston Astros, and for his companys long involvement with Walmart. The 2005 NLCS. Los Angeles Chargers Have Shown Keenan Allen The Money But They Wont Show Him The Door, The Mandalorian Season 3, Episode 1 Recap And Review: The Apostate Sets The Stage For Whats To Come, Corner Threes Are Secret Sauce For Milwaukee Bucks Offensive Success, Starbucks CEO Howard Schultz Could Face Subpoena To Testify Before Congress, Bernie Sanders Says. During those years, McLane served as president of the Texas Wholesale Grocers Association (19701971) and chairman of the National American Wholesale Grocers Association (19861988).[3]. 4001 Central Pointe Parkway Drayton joined McLane Group in 2006, and serves as managing director of McLane Classic Foods and Chairman of Sports in Action (which manages the Dave Campbells Texas Football brand). He then worked at Lone Star Plastics until 2006. Building security includes a staff member on duty each evening until closing and a card access system for entry into the building after doors are locked. Local Businessman Helped Lay Foundation for Houston Astros World Series Win. Drayton McLane completed his nineteenth season with the Astros in 2011 when he sold the team. Address: 900 College Street, Box 8006 Belton, TX 76513 Additionally, Denton worked for the international businesses of the McLane family in Portugal and Poland. About Drayton McLane, Jr. Drayton McLane turned his family's grocery distribution company, McLane Co., into an international firm and sold it to Walmart. The contact form on the site sends messages to Mr. McLanes personnel who will then forward any vital queries on to him. Mr. McLane currently serves as chairman of Texas Central Partners, building the first high-speed rail in the United States between Houston and Dallas. This grew into a strong business and personal relationship between Drayton McLane Jr. and Sam Walton. Copyright Drayton McLane Jr., 2020. Constructed in 1989, McLane Hall is named in honor of Drayton McLane, Jr., a resident of Temple and former owner of the Houston Astros. [17] Tim Purpura was named the new general manager for 2005. So, we'll let the market determine the price. "It's time to change and move forward," McLane said. "The Astros are a great sports franchise in a great city," Greenberg said. Located on the northwest corner of the campus, McLane Hall sits close to Har Drayton McLane Jr. is a dynamic business leader and philanthropist. McLane Group is a parent company consisting of family-owned companies operating throughout the world, which until November 2011 included the Houston Astros, for which he served as chairman and CEO. He serves on several boards: United Way of Central Texas, Baylor Scott & White Central Texas Board, University of Mary Hardin Baylor Board of Regents, Robbins College-Baylor University, and Baylor College of Medicine Board of Trustees. All rights reserved. After the season, he fired Bill Wood and Art Howe on October 5 and replaced them with Bob Watson (promoted from assistant GM) and Terry Collins; Watson was the second African American general manager in Major League Baseball (first since Bill Lucas in the 1970s), and he served at the position until 1995, when he left to be the GM of the New York Yankees. Contact. Sometimes down the row from the former President George Bush, but always where you and his players can see him. Drayton also serves as a director with Central National Bank in Waco, TX. But be prepared, McLane is ready to look to this season and his new team. Who will win each 2023 conference tournament? With all the heartache and hard times that come with owning the Houston Astros, Drayton McLane also gets the best seat in the house. On July 24, 1992, it was announced that McLane had come to an agreement with John McMullen to purchase the team, which also included the lease on the Astrodome for a total of $117 million; approval by the league owners followed in the fall. "This has certainly been in the back of my mind and Elizabeth's mind. Drayton McLane Jr. McLane, through McLane Grocery and McLane Foodservice operates 80 distribution centers across the U.S. and one of the nation's largest private fleets. Following a four-game losing streak, the Oklahoma City Thunder have slid in the standings and are now 28-33. [31], Baylor University announced in December 2013 that it would name its new football stadium McLane Stadium after "one of the most distinguished and generous alumni families in Baylor University history. Currently, they are active members of First Baptist Belton. The website of Drayton McLane Jr. is a resource for finding official information about McLanes life, philosophy, companies, past projects, and future ventures. Sports in Action, manages and operates three major Texas sports properties. Bachelor of Arts/Science, Baylor University; Master of Business Administration, Broad College of Business. Following the McLane Companys merger with Wal-Mart Inc. in 1990, Mr. McLane became vice president of Wal-Mart while maintaining his position with the McLane Company. McLane Company needed innovative ideas in order to remain competitive when Drayton joined the ranks in 1959. The Materials are for informational purposes only, and the statements, views and opinions expressed at any presentation or in any Materials are those solely of the presenter and not of Faith Driven Movements. Faith Driven Entrepreneur is an educational website hosted by Faith Driven Movements (501c6) and FDM Foundation (501c3) nonprofit corporations whose mission is to inspire, educate, and mobilize people to use their time, talents and other resources in the marketplace. 12 Vols lose starting PG Zeigler to torn ACL, Out of dark, Rodgers vows decision coming soon, Survey: Vikes, Fins, Raiders top FA report cards, Lakers' Davis out vs. OKC with right foot injury, Red Wings lock up Larkin with 8-year extension, The triumph of Michael B. Jordan and Jonathan Majors in Creed III, What NBA Finals runs from LeBron, Giannis can teach Jayson Tatum, NBA Power Rankings: Kevin Durant's return could rock the West, A new home for Michael Thomas? Biography Drayton Jr. currently serves as: chairman, Texas Central Partners High Speed Rail; vice president at large, Boy Scouts of America National Board; member of the Board of TrusteesBaylor Scott and White Healthcare; member of the National Board of GovernorsCooper Institute of Aerobics Research; board directorBush School of Government and Public Service at Texas A&M University; member of the Board of Trustees, Baylor College of Medicine; Board of Visitors, the University Cancer Foundation MD Anderson; board director, Happy State Bank, member of United Way of Central Texas. ), whose suspension weeks ago prompted Elon Musk to change Twitters rules. McLane started working for the family business at the age of nine, spending Saturdays and summers sweeping floors and stacking inventory. Eighteen distribution centers were built around the United States. Reflects change since 5 pm ET of prior trading day. 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