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1939
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McCormick-Deering opens a store in Chattanooga selling and servicing farm tractors and equipment and International Trucks. |
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1945
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Local employees of McCormick-Deering, Photon P. Clift and Craig Smith purchase the store and name the company The Clift-Smith Company. | |
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1958
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Mr. Smith along with employees Bud Lee, Jim Coleman and Vernon Elmore form a new company, Lesco, Inc., to address the growing truck rental and leasing industry. | |
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1965
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Mr. Smith purchases Mr. Clift's interest in The Clift-Smith Company and ceases their involvement in the farm equipment business to concentrate solely on trucks. |
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1971
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Lesco moves into their new facility at 2601 8th Avenue in Chattanooga. | |
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1972
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L.W. "Bud" Lee purchased a 50% interest in the company and became President and Dealer Principal. | |
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1975
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The company's name is changed to Lee-Smith International as they move into their new dealership location at 2600 8th Avenue in Chattanooga. |
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1978
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Mr. Lee purchased Mr. Craig Smith, Jr.'s interest and became sole stock holder at the time. | |
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1982
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Lee-Smith International secures a Ford heavy truck franchise. The company's name is shortened to Lee-Smith, Inc. This is the first dealership in the country to have the dual lines of both International and Ford. |
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1989
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The company's 50th anniversary is highlighted when Business Week and the American Truck Dealer's Association honor Mr. "Bud" Lee and Lee-Smith with the industry's highest award, "Truck Dealer of the Year". | |
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1991
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Lee-Smith expands their product offerings again by being granted a Mitsubishi-Fuso truck franchise. | |
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1992
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The company passes to 2nd generation management when Less W. Lee, Jr. is named President and CEO. | |
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1995
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A new state-of-the-art 2 million BTU, 53', double down draft paint booth and custom paint mixing equipment is added to the body shop. |
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1998
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Lesco Logistics is formed to serve the growing demands of customers for sincle source solutions to transportation problems. Lesco expands with a new location in Birmingham, Alabama. | |
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1999
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Lee-Smith and Lesco begin a substantial expansion and renovation project to update and expand it Chattanooga facilities. |
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