Paramount Pallet History

The pallet was first developed in the 1920s and started becoming a crucial link in supply chains about 50 years ago, as the forklift evolved to become standard material handling equipment.

Paramount Pallet has also evolved through the decades. What started as a Toronto pallet provider in 1979 has grown substantially through a series of mergers and acquisitions to become Paramount Pallet, the only Canadian owned and operated national provider of complete pallet services.

Timeline

1977	The Canadian Pallet Council (CPC) is founded.
1979	Superior Pallet Services (SPS) is founded in Toronto.
1982	Superior Pallet Services joins the CPC.
1991	The company - now Superior Pallet Corporation (SPC) – merges with Canadawide Pallet Services creating Canada’s first national pallet company.
1997	SPC merges with Pallet Rental Systems forming Canada’s largest full-service pallet company.
1998	Renamed Superior Management Group (SMG), the company was purchased by PalEx, Inc., a large pallet services company based in Florida.
2000	PalEx, Inc. was acquired by IFCO Systems, an international provider of container logistics services headquartered in Munich, Germany.
2005	Paramount Pallet is formed after purchasing the assets of IFCO Systems Canada Inc. Paramount becomes 100% Canadian owned and operated.