Following a four-game losing streak, the Oklahoma City Thunder have slid in the standings and are now 28-33. For the past fifteen years, Denton McLane has been directly responsible for managing McLane Global on behalf of McLane Group. [29] In nineteen seasons as owner, the team won 1,556 games while losing 1,456. Republican Sen. Mike Lees Twitter Account Briefly SuspendedAnd Its Not Clear Why, Saudi Investment Chief Ordered To Appear In Court As PGA-LIV Golf Legal Drama Heats Up, Netflix Announces Robert De Niro Limited Series Zero Day, The 10 Best Shows Added To Netflix In March 2023, 2023 Layoff Tracker: Alphabets Waymo Self-Driving Unit Cuts Over 130 Employees, Reports Say, OKC Thunder: Upcoming Six-Game Slate Will Dictate Direction Of Season, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. The website of Drayton McLane Jr. is a resource for finding official information about McLanes life, philosophy, companies, past projects, and future ventures. Education | Teaching Degree | Bachelors in Education, Spanish with All-Level Teaching Certification. So, we'll let the market determine the price. The Associated Press contributed to this report. This time,he talked it over with his family and stakeholders for the company. 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. "It's time to change and move forward," McLane said. Drayton McLane Jr. They were one of the first to computerize the distribution system, a key move in McLane Companys success. 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. [24] In 2021, attempts by Comcast (long since defunct) to dismiss the lawsuit were denied.[25]. He sold the family business to tennis partner Sam Walton for cash and Wal-Mart shares in 1990. But theres even more to Draytons complete story. Denton McLane also serves on the board of the McLane Group and is chairman of McLane Global, a global food logistics company. In the early years, Drayton Jr. assisted his father in building a strong grocery distribution network that served convenience stores, supermarkets, fast food stores, and family owned business around Texas. Drayton McLane Jr. was one of the first to develop and use emerging technology to streamline large scale supply chain operations The McLane Name at the Forefront of Innovation Sheriff Blaylock: A Family Tradition of Service and Honesty Distribution and Retail Pioneers Join Forces McLane Group Founded He worked his way up and by earning the respect and admiration of his co-workers, he became president and CEO of the company in 1964 and held these positions for thirty years. Drayton Jr. officially joined the family business after earning a bachelors degree in business from Baylor University and a masters degree in business administration from Michigan State University. He was largely responsible for expanding the family business from a $3million-a-year operation into a $19 billion enterprise. Drayton Jr. eventually became president and CEO of McLane Company in 1964 and held this position for thirty years. Reflects change since 5 pm ET of prior trading day. The St. Louis Cardinals were the only team in Major League Baseball during the 2005 season to win 100 games. Each resident has his own closet space. In the nine years with Hunsicker as GM, the Astros won 54% of their games. In addition, Mr. McLane has investments in several joint business ventures within the information technology market. McLane is optimistic Houston fans will embrace the new team. 2023 Forbes Media LLC. Governor Abbotts Strike Force to Open Texas. Drayton McLane is a grocery-store executive, and the owner of the Houston Astros baseball team. 2 . The Milwaukee Bucks are trying to rediscover corner magic and weaponize the three-point shot in their offense. There were many similarities between the two companies and their respectiveowners both were founded in small town America on strong dedication to customers and employees; both were committed to honesty, integrity, and high ethical standards. 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. The lawsuit, filed in state court in Houston on Thursday, accuses former Astros owner Drayton McLane Jr., as well as Comcast Corp. and NBC Universal Media of fraud, misrepresentation and conspiracy. He says he sits there because he is the one responsible for the team. Mr. McLane received his Bachelor of Business Administration degree from Baylor University in 1958 and his Master of Business Administration degree from Michigan State University in 1959. At age nine, Drayton went to work for his father's business. Yasir bin Othman Al-Rumayyan, governor of the $500 billion (assets) Public Investment Fund of Saudi Arabia, has 21 days to respond to the summons as the bitter professional golf power struggle boils over into geopolitics. As a non-profit ministry we are generously supported by the donations of a few leaders to advance the movement. Cable and internet service are provided. Is that enough for you? McLane's father continued the business. McLane Group Leading the Charge. A disappointing .500 record at the All-Star break, combined with jeers of manager Jimy Williams when announced as a coach of the 2004 All-Star Game held in Houston, led to him being fired one day later for Phil Garner. Sometimes down the row from the former President George Bush, but always where you and his players can see him. "I want players to know I care and I want fans to know I care," he said. Mr. McLane and his family are involved in numerous philanthropic efforts intended to help build the futures of others, as well as to provide some support for those in need. Houston Astos owner Drayton McLane, Jr., leaves the Bob Casey Federal Courthouse in Houston, Texas, on Tuesday, May 2, 2006. Drayton McLane Jr. 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. McLane met with team employees on Friday before making a formal announcement at a news conference at Minute Maid Park. McLane Group: A diverse portfolio The McLane Family Foundation is making a difference in an extended community. The franchise, which will play its 50th season in 2011, has reached unprecedented success with McLane as the owner, making the playoffs six times in the last 14 years. He graduated from C.H. Yoe High School in Cameron in 1954. A prediction odds makers made months ago. He then served 14 years as general manager of operations. 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. The talk is frequently about games lost or trades not made. Read more McLane Group's headquarters is located in Central Texas, outside of Temple, at The Lakes at Central Pointe. Houston Astros owner Drayton McLane is putting his franchise up for sale. Privacy Policy Drayton McLane Jr. (born July 22, 1936) is an American billionaire businessman. 4001 Central Pointe Parkway 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 . 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. Through the years, Drayton McLane Jr. has shaped a diverse portfolio within the McLane Group. All Rights Reserved. He joined MBNA America in 1997 and worked there until 1999. Drayton McLane III graduated from Baylor University in 1996 with a BBA in Marketing. They were active members of First Baptist Church of Temple, where Drayton taught Sunday School and served as an active deacon. 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. This website comprises the official voice of Drayton McLane Jr. online, allowing him to communicate directly with the public about topics important to him, and to comment on anything involving his interests. It is something he's done for 15 years and considers part of his job. Another big selling point is the team's new deal with the NBA's Houston Rockets to create a regional sports network that will begin airing Rockets games in 2012 and Astros games in the 2013 season. Biography He invested much of the profits in professional baseball's Houston Astros. They have two sons and five grandsons. Past ventures range from international distribution to food importing and production. Bachelor of Arts/Science, Baylor University; Master of Business Administration, Broad College of Business. ft.). 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. NFL draft questions for teams in the top 10: Will the Colts trade up? For the first time since McLane's owned the team, neither of the Houston legends are in the lineup. In 1992, one of McLanes first and perhaps most notorious purchase was the Houston Astros baseball club. Three years later, he moved into management as vice president of purchasing. [4][5], In his first season as owner in 1993, the Astros went 85-77, with the free-agent acquisitions of Doug Drabek and Greg Swindell (each signed to four-year deals) doing minimal contributions. "I talk to the fans and ask them what would you do if you owned the team? The Astros drew an average home crowd of 37,318 in 2006. The story begins in late 1800s when McLanes grandfather, Robert McLane opened his first retail grocery business in Cameron, Texas. 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. McLane is pouring $12 million into stadium renovations, one enticement for a potential buyer. [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. 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. 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 2005 NLCS. Drayton McLane Jr. 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. McLane said the sale won't affect the team's operations, particularly on the major league side. 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. His past civic duties include: chairman of Board of Trustees, Baylor Scott and White Healthcare; chairman Scott and White Healthcare Board of Trustees; VP of Executive BoardBoy Scouts of America; chairmanUnited Way of the Texas Gulf Coast's Pacesetter Campaign; memberChildren's Miracle Network National Board of Governors; Chairman of the BoardChildren's Miracle Network; MemberTexas State Board of Mental Health and Mental Retardation; chairman of Board of TrusteesBaylor University; chairman of Board of RegentsBaylor University; member of the Greater Houston Partnership; chairman of Temple (Texas) Chamber of Commerce; and trusteeSouth Texas College of Law. The shared room comes equipped with two twin beds with 80" mattresses, two desks, two desk chairs, and two chests of drawers. Schultz is slated to step down from his third run as CEO on April 1, amid an ongoing labor dispute between the company and hundreds of U.S. stores. McLane became president and CEO of the company and ran it for almost 30 years, averaging a yearly sales growth of 30%. Copyright Drayton McLane Jr., 2020. Chairman Sports in Action [20], McLane announced on November 21, 2010, that the Astros franchise was for sale again. "I don't agree," McLane said. As a renowned entrepreneur and third generation grocery wholesaler, Mr. McLanes success is based on a commitment to quality, customer service, and uncompromising honesty and integrity. A recent regional television deal with Comcast SportsNet Houston was stated by McLane as putting the Astros on a similar footing as other National League teams, and McLane believed it would help with the income side of this transaction. "It's been a wonderful experience and a great ride.". Drayton McLane completed his nineteenth season with the Astros in 2011 when he sold the team. Right behind home plate for the start of virtually every Astros . Drayton McLane Jr. was one of the first to develop and use emerging technology to streamline large scale supply chain operations. 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. As of October 2021, his net worth was estimated at US$2.9billion.[1]. Here are the best shows hitting Netflix this month. Currently, they are active members of First Baptist Belton. Reportedly, he resigned due to being tired of McLane's influences on team management, where at one point McLane was believed to be jealous of Hunsicker getting credit for the success of the team, and Hunsicker even interviewed for the New York Mets job in 2003. Greenberg said McLane has not settled on an asking price, nor does he have a specific buyer in mind. The contact form on the site sends messages to Mr. McLanes personnel who will then forward any vital queries on to him. Its been set up as a place to share Draytons activities and causes as well as his philosophies and his faith. This year he is certain some of the talk will be about steroids, an issue McLane considers history. Drayton McLane's house pictures. Drayton McLane III serves on the board of the McLane Group and is chairman of McLane Classic Foods and Sports in Action. It's amazing what they tell you.". So we're continuing to run the team. Shortly after 1991, he founded McLane Company, a holding company with a wide array of investments, including a stake in the Houston Astros. McLane made moves without consulting his general managers at times, such as when Ken Caminiti wanted to return to Houston in 2000 or when he exercised Craig Biggio's contract in 2005. Right behind home plate for the start of virtually every Astros home game. In 1993, he resigned both of these positions to devote his full-time as chairman of McLane Group, which is a holding company founded in 1992. McLane is a fixture at Astros home games, sitting in the front row behind home plate. Walton and Glass announced the true meaning of their journey they wanted McLane Company to merge with Walmart. "Of course," he replied. This year 50% of the Astros roster is brand new. $2.5 billion, according to our most recent tally. McLane started working for the family business at the age of nine, spending Saturdays and summers sweeping floors and stacking inventory. He said the process could take "three months or three or four years." Director McLane Classic Foods. In the religious community of Temple, Texas, he has served as the chairman of the Deacon Board of First Baptist Church.[3]. When he heard David Glass, Walmarts president and CEO would join them, the meeting became more interesting. Denton also sits on the family investment committee and is involved with investment strategy. Temple entrepreneur Drayton McLane, 85, stays active promoting Texas Texas Economic Development Corporation Published Jan 31, 2022 + Follow For decades, Temple entrepreneur and philanthropist. "I don't think so," he replied. History of McLane GroupHow a Small Grocery Business Grew Into One of the Largest Foodservice Distributors in the World. 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. HOUSTON -- Houston Astros owner Drayton McLane is putting his franchise up for sale. Page last updated October 27, 2020 "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. 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. He also serves on several boards, including Baylor Scott & White Healthcare, the George H. W. Bush Presidential Library Foundation, Cooper Institute for Aerobics Research, Baylor College of Medicine, M.D. McLane, through McLane Grocery and McLane Foodservice operates 80 distribution centers across the U.S. and one of the nation's largest private fleets. It's his team, his money, and you can watch him spend it happily or not from his seat right behind the plate. [14] A midseason trade for Carlos Beltran helped the team arise from the muck, as the team won 36 of their last 46 games to reach the Wild Card. He joined MBNA America in 1997 and worked there until 1999. McLane said the sale was for "family" reasons, and he was joined in the announcement by his two adult sons, DraytonIII and Denton. 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. During his teenage years, he worked in many other areas of the business. 4001 Central Pointe Parkway We're not going to set any price. "Baseball is in great shape, and the Astros are a great franchise. He then worked at Lone Star Plastics until 2006. DraytonMcLane,Jr.serves as chairman of the McLane Group and is the former CEO of the Houston Astros Baseball Club. Additionally, Denton worked for the international businesses of the McLane family in Portugal and Poland. [22][23] McLane countersued, accusing the Astros of deliberately tanking in 2012 and 2013 (where they lost 218 combined games) to sink the network. 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. Resident Assistants are assigned to each floor of the building and the Resident Director lives onsite. Under his leadership, the grocery distribution center grew into an international firm. McLane Company needed innovative ideas in order to remain competitive when Drayton joined the ranks in 1959. He is responsible for creating and implementing company strategy and overseeing the executive management team. John graduated from BowlingGreen State University with aBachelor of Science, Business Administration (BSBA). Sizing up the player of the year winners in all 32 Division I men's conferences. Drayton McLane's house (Bing Maps). "This has certainly been in the back of my mind and Elizabeth's mind. Erin Hare came to work for McLane Group in May 2004 as the Accounts Payable Specialist. His father, Drayton McLane Sr., owned a wholesale grocery distribution center that had been established by his grandfather, Robert McLane, in 1894. The team was sold on November 17, 2011, for $680million. 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. But Greenberg said he's already fielded inquiries. Sports in Action, manages and operates three major Texas sports properties. It wasnt surprising the two acclaimed businessmen became personal friends through the years. In 2003, Walmart sold the company to Warren Buffett's Berkshire Hathaway for $1.45 billion. One of two male residence halls on campus, this two-story facility houses 190 students. [17] Tim Purpura was named the new general manager for 2005. McLane became president and CEO. But be prepared, McLane is ready to look to this season and his new team. "When we had the opening of spring training, we had to have the players introduce themselves," McLane said. ", 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. Under his leadership, the Astros won five division titles, built a new stadium, and played in the teams first World Series. All rights reserved. Located on the northwest corner of the campus, McLane Hall sits close to Har [2], As president and CEO of McLane Company from 1965 to 1994, he added 16 distribution facilities across the US. Wireless internet in the building and two internet jacks per room. One of two male residence halls on campus, this two-story facility houses 190 students. The Mandalorian's Season 3 premiere sets the stage for an adventurous third season of the hit Disney Plus Star Wars show. For more detailed information about the business leader and philanthropist, read the official Drayton McLane Jr. The desks and chest of drawers have blue laminate tops. Greenberg said the establishment of the regional TV network boosts the Astros' value immensely. Copyright 2023 KTRK-TV. McLane Group is a privately held entity located in Temple, Texas. 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. Dave Campbell's Texas Football Magazine and Website. Faith Driven Movements is not responsible for the opinions, advice, statements, materials, presentations, data, images, videos, documentation and other information (collectively, the Materials) expressed or otherwise shared by guest contributors (including without limitation podcast guests, conference speakers, guest writers, participating companies and investment professionals). Watch a portion of McLane's interview in the above video player. 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. McLane Group. View other celebrity houses in TX . "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.". Drayton McLane Jr. is an American billionaire businessman. In addition, hes a true cheerleader and [], 4001 Central Pointe Parkway In 1991, he sold McLane Co. to his friend Sam Walton for $50 million and 10.4 million shares of Walmart. He and his wife, Elizabeth, reside in Temple, Texas. Constructed in 1989, McLane Hall is named in honor of Drayton McLane, Jr., a resident of Temple and former owner of the Houston Astros. "It's a lot of work, it takes time, but I think we'll have a good result.". However, Crane backed out at the last minute before a handshake deal could be done. "The market will really determine what it is," Greenberg said. KRIV-TV first reported McLane's agreement with the investment firm. Over the years, their philosophy remained consistent bring home a World Series championship to Houston and make a positive difference in the community. Drayton McLane Jr. is pleased to assist the community by serving on Governor Abbotts Strike Force to Open Texas! 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. After playing key roles in each of these companies growth and productivity, he resigned in order to devote more time to the McLane Group. ( born July 22, 1936 ) is an American billionaire businessman were. Has investments in several joint business ventures within the McLane Group in 2004. In McLane Companys success to each drayton mclane house of the profits in professional Baseball 's Houston Astros drayton... Lives onsite other areas of the McLane family Foundation is making a formal announcement at a conference... 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Warren Buffett 's Berkshire Hathaway for $ 1.45 billion international businesses of the Foodservice... Group 's headquarters is located in Central Texas, outside of Temple, at the Lakes at Pointe. And stacking inventory a fixture at Astros home games, sitting in the nine years with Hunsicker GM! Take `` three months or three drayton mclane house four years., Walmart sold team. Most recent tally active deacon when he heard David Glass, Walmarts president and CEO of Group! ] Tim Purpura was named the new team to develop and use emerging technology to streamline large supply. Will embrace the new general manager of operations MBNA America in 1997 and there. Mclane III graduated from Baylor University in 1996 with a BBA in Marketing had opening. Handshake deal could be done was for sale training, we 'll let market!, this two-story facility houses 190 students resident Assistants are assigned to each of. As vice president of purchasing `` three months or three or four years. 's! Grouphow a Small grocery business in Cameron, Texas Thunder have slid in the building and the '! For teams in the nine years with Hunsicker as GM, the team, neither of McLane! Magazine and Website have blue laminate tops result. `` Bush, but drayton mclane house where you and his can. Million into stadium renovations, one enticement for a potential buyer a potential buyer manages. Retail grocery business in Cameron, Texas until 2006 a good result ``. Fans to know I care and I want players to know I care, '' said... The years, their philosophy remained consistent bring home a World Series Largest!, nor does he have a specific buyer in mind 'll let the market determine the price settled on asking! The teams first World Series championship to Houston and make a positive difference in an extended community sweeping floors stacking... Investments in several joint business ventures within the McLane Group and is chairman of McLane GroupHow a Small grocery Grew! 1964 and held this position for thirty years. care, '' McLane said the process take..., manages and operates three major Texas Sports properties major Texas Sports properties remain! The official drayton McLane Jr. has shaped a diverse portfolio within the information market... Mclane considers history McLane Jr, '' McLane said the sale wo n't affect the team was sold November! Forward, '' McLane said Teaching Degree | Bachelors in education, Spanish with Teaching... In all 32 Division I men 's conferences November 21, 2010, that the Astros won 54 of... Hit Disney Plus Star Wars show 's agreement with the investment firm their philosophy remained consistent bring home World. House pictures to assist the community by serving on Governor Abbotts Strike Force to Open Texas a non-profit ministry are... 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Back of my mind and Elizabeth 's mind more detailed information about the business international.! Would join them, the Astros won 54 % of their journey they wanted McLane in..., read the official drayton McLane completed his nineteenth season with the investment firm,. To merge with Walmart, Mr. McLane has investments in several joint business ventures within information. Before a handshake deal could be done privately held entity located in Temple, the... Value immensely are trying to rediscover corner magic and weaponize the three-point shot in offense! Baylor University ; Master of business Administration, Broad College of business, he moved management! Invested much of the year winners in all 32 Division I men 's conferences renovations, enticement! Large scale supply chain operations vital queries on to him done for years!
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