G.E. Barbour at 150: Not just tea anymore
Famed N.B. company's roots go back to 1867
Canada 150 is turning into a big party, but in New Brunswick, it's not the only celebration of that milestone.
Three of the province's most successful companies also have roots that go back to 1867.
Moosehead Breweries, Source Atlantic and G-E Barbours have been in operation, in one form or another, as long as this country has existed.
They marked the occasion with a gala dinner and huge fireworks display in Saint John the past week.
G.E. Barbour Inc. is a food company known for spices, peanut butter and of course, tea, and the famous brand King Cole.
The company was located in the south end of the city, but the original operation was destroyed in the Saint John fire of 1877.
Tea takes over
At that point it was rebuilt on Market Slip. It was a successful business, but the product that changed the company's future was introduced in 1910, when it purchased a small local brand of tea called King Cole.
At that point, the company was run by George's son, the G.E. of fame.
"When you look at the number of companies purchased by G. E. Barbour between 1910 - 1925, it just continued to grow," said MacVey.
By the late 1940s, with no natural heir in the family, a new owner was sought out.
"He was a tea man, he was a manufacturer, he worked for the Red Rose company, so that's where he made all his contacts," she said. "He was a real visionary. He was one of the first people in the region to really understand and appreciate modern manufacturing practices. He was a great promoter of using computers when they first became available, he was a great numbers guy."
Move to Sussex
With the modernization of Market Slip, the company was forced to move, and took advantage of an offer from the Town of Sussex to relocate there.
The key to the long success of the company, said MacVey, was its ability to change its business as the food industry developed.
"It had significant changes in its entire model every 25 - 35 years," she said. "If you look at the history, we were an importer and a warehouser and then we became a manufacturer, and then we bought up distribution companies all around the province and into eastern Quebec and Nova Scotia. Constant evolution. And now we are primarily...a food processor."
The key is to look to the future, she said.
She said nut butter has now become 80 per cent of the company's business.
But there's also a future for those old standby products of the company, teas and spices.
"I would say that the grandfather brands, the King Cole brands specifically, right now we're looking at strategies to break out of the region," she said. "We are certainly present in Ontario and Quebec, right now in Quebec we're the number six tea, which I'm really pleased about. I'd like to see us climb up that ladder a little bit, and I really need to see us move further west."
From the Information Morning interview by Steven Webb