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History

Did you know?

Did you know?

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Internal & External Grace 1972-1982

Internal & External Grace 1972-1982 Leadership Styles The annual Awards Banquet of H. Macaulay Orrett (Insurance) Ltd. was held in mid 1979 and Carlton Alexander was the main speaker. His remarks were reported in the Grace News: Mr. Alexander said that GraceKennedy had always believed in keeping a low profile, but the decision had recently …

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New Directors – 1989 to 1998

New Directors – 1989 to 1998 Under New Leadership Within GraceKennedy & Co., Ltd. there was no doubt about the line of succession. Wisely, after having three years previously announced his impending retirement, Carlton Alexander had moved to find agreement on the choice of the next Chief Executive Officer. Two days after his death, the …

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Closing the Alexander Era

Closing the Alexander Era Enterprise and Bureaucracy Following the celebrations to mark Grace, Kennedy’s Sixtieth Anniversary in February 1982, a Gleaner editorial included the comment: Through a blend of good business practice, efficient management, promotion in the market place and involvement with the Jamaican people, the company has earned for itself a sound reputation. There …

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Shartridge Years 1972 – 1982

Years of ‘Shartridge’ – 1972 to 1982 Further Growth of the Group The expansive moves of the 1960s continued for a few more years after 1972. In early April 1973, Carlton Alexander advised the Board of Grace, Kennedy that the plant, brand name and formulae of Cameo Products were available for $35,000 and ought to …

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Building the Business 1951 to 1972

The Starting Gates Between 1950 and 1972, Grace, Kennedy & Co., Ltd. moved into both the expansion of existing business and the introduction and development of new interests. In those twenty-two years, the Company’s sales grew from about £1 million in 1950 to over £14 million in 1969-70, the financial year during which the denomination …

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The World War Years and Immediately After 1939 to 1950

The World War Years and Immediately After 1939 to 1950 On the next day, the Colonial Government in Jamaica acted to prevent profiteering. The Competent Authorities, in two separate Orders dealing with food supplies and with other articles, banned the exportation from Jamaica of comprehensive lists of foodstuffs and other goods, whether of local production …

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Early Adventure & Financial Results 1922 – 1950

Early Adventures 1922 to 1939 An early and important concern of the new Company was office accommodation and warehousing facilities. The Grace building at 64 Harbour Street contained room to spare, but wharfage was inadequate. In March 1923, At A Directors’ Meeting. Dr. Grace raised the matter. He proposed that the Company should enter into …

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The Beginning

The Beginning Grace, Kennedy & Company Limited was founded on February 14, 1922 by Dr. John J. Grace and Mr. Fred William Kennedy. Prior to the founding of Grace, Kennedy, these two gentlemen worked for Grace Limited, a wholly owned subsidiary of W.R. Grace & Company of New York City, New York. In the United …

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