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. |