Fortune 100 company announced

McKesson was announced this morning as the Fortune 100 company which will operate a warehouse and distribution center in Clear Lake, Iowa. The company will provide 164 jobs with an average salary of $39,000 when it is at full operation in early 2016.

At a Glance
Founded in 1833
Headquartered in San Francisco
37,000+ employees
Two core business segments: Distribution
 Solutions and Technology Solutions

Financial
Ranked 15 on Fortune 500
NYSE: MCK
Revenue: $137.6 billion in FY2014

Company background*:
McKesson is ranked 15th on the Fortune 500 with more than $137.6 billion in annual revenue. The company delivers vital medicines, medical supplies and health care information technology solutions. McKesson serves more than 50 percent of American hospitals, 20 percent of physicians and 100 percent of health plans, and as the largest pharmaceutical distributor in North America, delivers one-third of all medications used there every day.
Over the past decade, McKesson has launched initiatives and solutions aimed at reshaping health care. Among some of these important initiatives:

Its Health Mart® pharmacy franchise has changed the face of independent pharmacy, enabling independents to thrive in business while providing exemplary care and service to their communities.
The US Oncology Network, part of McKesson Specialty Health, is advancing cancer care by expanding patient access to high-quality, integrated care among community-based oncology physicians. The network leverages technology, shared best practices, evidence-based guidelines and quality measurements.
McKesson recently entered into the CommonWell Health Alliance, a collaborative effort among health IT suppliers to reach common standards, seamless interoperability and data liquidity between electronic medical record (EMR) systems — an essential part of connecting health care providers for better clinical outcomes.

John McKesson and Charles Olcott founded the company in 1833 in New York City to import and sell therapeutic drugs and chemicals wholesale.
In 1853, the company was renamed McKesson & Robbins, after an employee who became a partner in the firm, Daniel Robbins. By then, the company was distributing pharmaceutical products by covered wagon to 17 states and territories across America, from Vermont to California.

In 1855, McKesson & Robbins became one of the first wholesale firms to manufacture drugs. In the early 1900s, McKesson & Robbins persuaded several well-established wholesalers to become its subsidiaries, forming a national drug wholesaling company and becoming the leading distributor of pharmaceutical drug products in the United States. This move also shifted the company’s focus to distribution for other kinds of products beyond health care.

During the 1960s, McKesson & Robbins continued its focus on distribution by merging with Foremost Dairies of San Francisco to form Foremost-McKesson Inc. The new company became the largest U.S. distributor of pharmaceutical drugs, alcoholic beverages and chemicals; the largest supplier of whey by-products; the largest producer of processed water; a leader in the fresh dairy products field; and a multiregional distributor of hospital and laboratory supplies and equipment.

In the 1980s and 1990s, McKesson decided to focus more on health care and divested its unrelated businesses. The company acquired Automated Health care, now part of McKesson Automation, and General Medical, the largest distributor of medical-surgical supplies. The company also acquired HBO & Company and operated for a time as McKesson HBOC — the world’s largest health care services company.

*information appearing on the company website