The Fred Taylor Company was founded by Fred Taylor in 1959 with just $95.00 in operating capital. Numerous faithful suppliers had confidence in his ability to succeed. Among these was the C & S Bank, now Bank of America, which loaned the company its first commercial loan of one thousand dollars to assist with payroll expenses. Bank of America has continued to make loans for both equipment and real estate throughout the companies 50 year history.
Associates Financial Corporation, now G.E. Capital Solutions, was another faithful supplier. It financed the company’s first retail truck sale. This also represented the first commercial truck financed by Associates when they entered the transportation finance arena. G.E. Capital Solutions continues to finance equipment for the Fred Taylor Company today.
The Fred Taylor Company has grown to become one of Georgia’s largest privately held transportation and warehousing firms. It has five operating divisions and over twenty company owned facilities in Georgia and Alabama. Combined 2008 revenues were $89 million.
Fred Taylor Company’s largest division, Interstate NationaLease, and its subsidiary Interstate Distribution Services, operate eighteen locations providing full service truck and trailer leasing and rental, dedicated contract carriage, as well as, a full range of maintenance contracts and repair services. Its customers include Georgia Pacific, Frito Lay, Pet Dairies, and many of the regions largest manufacturers and distributors.
Interstate Warehouse Services owns and manages over a million square feet of commercial warehouse space in Albany and Thomasville. A sampling of its customers includes Proctor and Gamble, MillerCoors Brewing Company, Ball Corporation, Owens Illinois Glass and Packaging Corporation of America, among others.
TransPower, Inc. operates three heavy and medium duty truck distributorships in Albany, Valdosta, and Douglas. It represents Mack, Kenworth and Ford trucks, as well as, East Trailers. TransPower is one of the nation’s oldest truck dealerships having been in operation for over 50 years.
Fred Taylor Company through its association with JFT Properties, LP, owns and manages both commercial and residential real estate holdings in Georgia, Florida and Alabama. These holdings include industry specific facilities, as well as, retail shopping centers and commercial office space.