In 2003, Walmart sold the company to Warren Buffett's Berkshire Hathaway for $1.45 billion. Sports in Action, manages and operates three major Texas sports properties. In 1990, when Drayton received a call from Sam Walton announcing a trip to Temple, it seemed natural considering their relationship. "Baseball is in great shape, and the Astros are a great franchise. When Drayton Sr.s young son, Drayton Jr., turned nine years old, he spent his Saturdays and summers working at McLane Company stacking inventory and sweeping floors. When Roberts son, Drayton Sr., graduated from college in 1922, he joined the growing family business where he worked for over 60 years. Some seem certain it will revolutionize the world, while others point out its difficult or inaccurate responses. As president and CEO of the company, he led it to annual sales growth of 30 percent or more in each of the 32 years that he was at the helm. Fantasy basketball: How concerning is LeBron James' injury. Temple entrepreneur Drayton McLane, 85, stays active promoting Texas Texas Economic Development Corporation Published Jan 31, 2022 + Follow For decades, Temple entrepreneur and philanthropist. McLane, who made his fortune running the family's wholesale grocery business, has been considering selling the team for at least two years. Faith Driven Movements brings together leaders from around the world that seek to make a financial, social, environmental and spiritual impact through their business ventures. The phone number and address on this site connect with Mr. McLanes business offices. McLane Group. "It's a lot of work, it takes time, but I think we'll have a good result.". Hosts and Guests may maintain positions in the companies and securities discussed. 2020 All Rights Reserved. Homes - Celebrity - Business Links: en.wikipedia.org By: neotrix Advertisement Celebrity Homes Mailing List Policies Advertisement For inspiration, the company installed a few sculptures, including this 50ft tall piece by Nic Noblique. But theres even more to Draytons complete story. NFL draft questions for teams in the top 10: Will the Colts trade up? Drayton McLane IIIgraduated from Baylor University in 1996 with a BBA in Marketing. "I walk through the stands every night," he said. Are PSG better off without Neymar in big games? I talked to Jeff.". McLane is a fixture at Astros home games, sitting in the front row behind home plate. 2020 All Rights Reserved. The grandson of a successful entrepreneur, Drayton experienced firsthand the hard work and dedication it takes to successfully thrive in industry. They decidedthe dealwas a great growth opportunityfor the company and the employees. McLane painted a positive outlook for the future, though, starting with the team's young nucleus of talent. He and his wife, Elizabeth, reside in Temple, Texas. McLane puts aside a large amount of time to serve on civic and charitable committees. McLane started working for the family business at the age of nine, spending Saturdays and summers sweeping floors and stacking inventory. Denton McLane also serves on the board of the McLane Group and is chairman of McLane Global, a global food logistics company. By visiting the site you agree to comply with the Terms of Use, Privacy Policy and Code of Conduct. However, the Astros, who had rallied from a losing record earlier in the season, were swept by the Chicago White Sox in four games, granting the White Sox their first championship in 88 years. Director McLane Classic Foods. 2023 Forbes Media LLC. During that time, the company experienced an average yearly sales growth of 30percent. Jeff Bagwell and Craig Biggio are still at the park, but made of bronze and playing outside. He is perhaps best known as the former owner of the Houston Astros, and for his companys long involvement with Walmart. After graduation, McLane returned home to work for his father. In nineteen seasons as owner, the Astros had a winning record in fourteen of them while reaching the postseason six times and overseeing the team move into a new stadium with Minute Maid Park in 2000. He was largely responsible for expanding the family business from a $3million-a-year operation into a $19 billion enterprise. Throughout the following decades, McLane Company accomplished average yearly sales growth of 30% or more. Read more McLane Group's headquarters is located in Central Texas, outside of Temple, at The Lakes at Central Pointe. All Rights Reserved. [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. After receiving degrees from Baylor University and Michigan State University, Drayton McLane began working in the family business, which was opened in 1894 by his grandfather and sustained by the leadership of his father in 1921. 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. Privacy Policy Anderson University Cancer Foundation, Heart of Texas Defense Alliance, Advisory Board for the Bush School of Government and Public Service, and a Director of Happy State Bank. 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]. The team was sold on November 17, 2011, for $680million. [26][27][28] Norm Miller, a player-turned-front office man, recounted how McLane approached him about signing a document about pledging to perform with the highest of Christian principles (Miller left a year later). Drayton McLane III graduated from Baylor University in 1996 with a BBA in Marketing. Sometimes he sits next to his wife, Elizabeth. Past ventures range from international distribution to food importing and production. ft.). 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. 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. 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. Following the McLane Companys merger with Wal-Mart, Inc. in 1990, he became vice-chairman of Wal-Mart while maintaining his position at the McLane Company. The website of Drayton McLane Jr. is a resource for finding official information about McLanes life, philosophy, companies, past projects, and future ventures. The McLane/Walmart association began in the 1980s when the McLane Company began selling convenience grocery items in the Walmart stores in Central Texas. This year 50% of the Astros roster is brand new. Page last updated October 27, 2020 When he heard David Glass, Walmarts president and CEO would join them, the meeting became more interesting. "Do you deserve any of the blame," I asked. Drayton McLane Jr. One micro-fridge is included in each room. It's his team, his money, and you can watch him spend it happily or not from his seat right behind the plate. "This has certainly been in the back of my mind and Elizabeth's mind. It is within easy walking distance to academic buildings and the library. McLane said the sale won't affect the team's operations, particularly on the major league side. His grandfather came from Abbeville, South Carolina, to Cameron, Texas, in the late 1800s, and worked as a farm laborer until about 1885, when he was able to buy and build a small retail grocery, and in 1894 went into the wholesale grocery business in a small way. Chair in Health and Wellness, a new endowed chair that is a joint appointment between the hospital and the Texas A&M University Health Science Center College of Medicine. Biography 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. Bachelor of Arts/Science, Baylor University; Master of Business Administration, Broad College of Business. Students must check with the hall staff before hanging anything on walls or other surfaces within the room. 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. The Drayton McLane Jr. Official Website is maintained by a few key staff members authorized to publish information directly on behalf of Mr. McLane, although many of the articles and other writings were authored by the man himself. However, Crane backed out at the last minute before a handshake deal could be done. McLane mixes with fans every night. The window size is 71" x 53" (inside the casing), and mini-blinds are provided. Mr. McLane hopes to use his official website to help in promoting some of the nonprofit efforts he and his family are involved in. In addition, hes a true cheerleader and [], 4001 Central Pointe Parkway Partner He invested much of the profits in professional baseball's Houston Astros. His grandfather started a wholesale food distribution business in the small central Texas town of Cameron in 1894, called McLane Company Incorporated. McLane's father continued the business. The Astros finished the 2011 season with 106 losses under McLane in his final season as owner, the first occasion the team had lost 100 games in franchise history. Copyright Drayton McLane Jr., 2020. At age nine, Drayton went to work for his father's business. Mr. McLane is the Chairman of the McLane Group, overseeing a number of companies, and he also serves upon the boards of a number of other organizations. Prior to joining the McLane Global, Denton worked in several industries. Under no circumstances will Faith Driven Movements (or their respective trustees, directors, officers, employees, or agents) be liable for the accuracy, quality or reliability of any of the presentations or Materials, any defamatory, offensive, or illegal conduct of presenters, or any direct, indirect, incidental, special or consequential damages arising from any presentations or Materials. Who will win each 2023 conference tournament? "It's time to change and move forward," McLane said. Sometimes down the row from the former President George Bush, but always where you and his players can see him. One large window is in each room. A block of rooms within the building are set aside for freshman honors program applicants. Further, Faith Driven Movements does not endorse or recommend any presenter, promoter, investment advisor, strategy, company or any views mentioned at any conference or in the Materials. So, we'll let the market determine the price. 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. 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. McLane is pouring $12 million into stadium renovations, one enticement for a potential buyer. If thats all you know, then you probably are aware of Draytons extraordinary leadership gifts and his reputation for honesty and integrity. 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. |, McLane Ford Dealership of Fredericksburg LLC. Local Businessman Helped Lay Foundation for Houston Astros World Series Win. [21] Since the sale, McLane was sued by the purchaser, Jim Crane, for breach of contract, fraud, negligent misrepresentation or omission, and civil conspiracy, stemming from claims that McLane misrepresented the value of the team's TV broadcast rights. 1. ", Last edited on 24 November 2022, at 02:17, Drayton McLane Baseball Stadium at John H. Kobs Field, "SPORTS PEOPLE: BASEBALL; Astros Find an Owner", "McLane admits he nearly sold Astros after 2008 season", "BASEBALL DAILY REPORT: AROUND THE MAJORS: Astros Fire Howe and Wood; Watson Becomes Second Black General Manager", "Bob Watson Society for American Baseball Research", "Astros' top 50 moments: Hunsicker the highlight of 1995 GM search", "SMALL FAN BASE GIVES ASTROS LITTLE TO BUILD ON", "That Time Arlington Made a Pitch for a Major League Baseball Team", "Mission Accomplished: Stadium Referendum Passes in Houston", "Tight Budget Affords Gm No Room for Error", "Report: Hunsicker interviews for Mets' GM post", "Jim Crane to Acquire Astros for $680 Million - The New York Times", "Jim Crane moves past failed Rangers ownership bid, agrees to buy Astros", "Drayton McLane charges Jim Crane, Astros tanked in 2012-13 to harm network", "Jim Crane's lawsuit against former owner opens 8 years later", "Hunsicker, McLane different on so many levels", "Drayton McLane: A Good, but Not Championship, Owner", "These are the experts, leaders working with Gov. "It's going to be business as usual," McLane said. $2.5 billion, according to our most recent tally. The walls are a neutral tone and are sheetrock. Right behind home plate for the start of virtually every Astros home game. But be prepared, McLane is ready to look to this season and his new team. "I bet $96 million they're wrong!". All rights reserved. He joined MBNA America in 1997 and worked there until 1999. Sign up for the very best of the podcast, the blog, resources, and upcoming events once a month. McLane became president and CEO of the company and ran it for almost 30 years, averaging a yearly sales growth of 30%. The contact form on the site sends messages to Mr. McLanes personnel who will then forward any vital queries on to him. They were unable to bring home a championship, but they were the first Texas team to make it to . Drayton McLane Jr. began his career assisting his father in the family business, building a strong grocery distribution network that grew into one of the largest distributors in the world. About Drayton McLane, Jr. Drayton McLane turned his family's grocery distribution company, McLane Co., into an international firm and sold it to Walmart. Although headquarters are in Central Texas, the company and its . Abbott's strike force to reopen Texas", "Golden Plate Awardees of the American Academy of Achievement", https://en.wikipedia.org/w/index.php?title=Drayton_McLane&oldid=1123499054, This page was last edited on 24 November 2022, at 02:17. Articles [17] Tim Purpura was named the new general manager for 2005. Drayton also serves as a director with Central National Bank in Waco, TX. Over the years, their philosophy remained consistent bring home a World Series championship to Houston and make a positive difference in the community. The private bath is approximately 8' x 8' and has a shower and a large vanity. They were one of the first to computerize the distribution system, a key move in McLane Companys success. 329m goal: Felix the only men's contender for Chelsea's Goal of the Month, UFC 285's Shevchenko by the numbers: It all adds up to domination, A battle for No. Read more Drayton McLane Jr. is Chairman of McLane Group, and he is actively engaged in business, civic duty, and a number of philanthropic projects. "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.". Houston Astros owner Drayton McLane is putting his franchise up for sale. He is a major benefactor of both Baylor University, where the McLane Student Life Center, the acclaimed McLane carillons, and McLane Stadium are named in his honor, and the University of Mary Hardin-Baylor (UMHB) in Belton, Texas, where McLane Hall honors him. MCLANE CLASSIC FOODS. Today the heritage continues through McLanes sons Drayton III and Denton, while the family tradition of excellence remains within the collection of McLane companies. 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. 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. Its been set up as a place to share Draytons activities and causes as well as his philosophies and his faith. |, 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. Three years later, he moved into management as vice president of purchasing. 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