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90TH ANNIVERSARY IN
THE FOODSERVICE INDUSTRY
Half a billion people come in contact with Delaware North Companies every year and may not even know it. In fact, the company was recently profiled on the coveted CNBC Squawk Box as "probably the biggest company you've never heard of."
Over the last five years, the company has been profiled everywhere, including on a who's who list of networks, newspapers and global press. The company and its associates have been at multiple Olympics, served popes, presidents and royalty, been a favorite destination for countless celebrities, both at its restaurants and hotels, and have been a part of just about every major sports championship game, top-selling concert and event you could possibly imagine.
Now, while some may know the company because it basically invented sports concessions, others may only know it through their experience climbing Half Dome through the mountain climbing school at Yosemite National Park. Whether its travel, hospitality, gaming, entertainment, foodservice, retail or more obscure occupations like space ranger, river raft guide or riverlorian, think historian on the river, suffice it to say, no single word explanation will do when talking about the vast world of Delaware North Companies.
The tourism and hospitality company operates hundreds of operations at stadiums, airports and national parks. It also operates gaming and entertainment locations and continues to branch into new areas, including hotel ownership and management. Delaware North owns TD Banknorth Garden in Boston, home to the National Basketball Association's Celtics and the National Hockey League's Boston Bruins, a team owned by company chairman and chief executive Jeremy Jacobs Sr.
Established in 1915 by brothers Charles, Louis and Marvin Jacobs, sons of Polish immigrants, the company has grown from a small business selling food at theaters into an international leader in its field. With annual revenues approaching $2 billion, Delaware North is also one the largest privately held companies in the United States and has been on Forbcs magazine's list of "Top Privately Held Companies" for the past several years.
In its 90-year history, the company has had only two CEOs and continues to be owned by members of the Jacobs family. Jeremy Jacobs' three sons -Jeremy Jr., Louis, and Charlie - hold executive positions at the company,...