Irving Group of Companies
The Irving Group of Companies is an informal name given to those companies owned and controlled by the descendants of Canadian industrialist K.C. Irving, namely his children J.K., Arthur, and Jack(1932-2010) and their respective children.
Ownership structure
Many of the components of the Irving Group of Companies were established or acquired by K.C. Irving during his period of active entrepreneurship between the 1920s and the 1970s. Following his retirement to Bermuda in the 1970s, the conglomerate was operated by his three sons in much the same manner and remained relatively intact and maintained a strong vertical integration. The companies were roughly divided into similar divisions, each controlled by one of K.C. Irving's sons and their respective children.
- James Irving (also known as "J.K.") – ownership and responsibility for J.D. Irving Limited and its subsidiaries. This conglomerate which has interests in forestry, pulp and paper, tissue, newsprint, building supplies, frozen food, transportation, shipping lines, and ship building.
- Arthur Irving (also known as "Art") - ownership and responsibility for Irving Oil and its subsidiaries. This conglomerate has ownership of its retail stores, oil refinery, oil tankers and distribution terminals and facilities.
- John E. Irving (1932-2010) (also known as "Jack") – This conglomerate has ownership of Ocean Steel, Strescon, as well as various construction, engineering, and steel fabrication companies.
Companies
J.D. Irving Ltd
- J.D. Irving Ltd. (holding company)
- Irving Forest Products & Services
- Irving Pulp & Paper Ltd.
- Irving Paper Ltd.
- Irving Tissue Co. Ltd.
- Lake Utopia Paper
- Irving Sawmill Division
- Irving Woodlands Division
- JDI Integrated Logistics (formerly Irving Transportation Services)
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- Midland Transport
- Midland Courier
- RST Industries
- Sunbury Transport
- Atlantic Towing
- Kent Line
- JDI Logistics
- Harbour Development
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- Saint John Shipbuilding
- Halifax Shipyard
- East Isle Shipyard
- Shelburne Ship Repair
- Woodside Industries
- Fleetway Services
- Oceanic Consulting Corporation
- Irving Retail & Distribution Services
- Chandler
- Kent Building Supplies
- Kent Homes
- Universal Truck & Trailer
- Shamrock Truss
- Cavendish Agri Services
- Irving Consumer Products
- Irving Tissue (Royale, Majesta, Scotties, private labels)
- Irving Personal Care (diapers, training pants)
- Cavendish Produce (fresh vegetables)
- Cavendish Farms (frozen potato processing)
- Indian River Farms
- Riverdale Foods
- Master Packaging
- Industrial Equipment & Construction
- Atlantic Wallboard
- Irving Wallboard
- Gulf Operators
- Irving Equipment (crane rental, heavy lifting, specialized transportation, pile driving and project management services)
- Specialty Printing
- Plasticraft
- Personnel Services
- Protrans Personnel Services Inc.
- Security Services
- Industrial Security Inc.
- Amateur Sports
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- Telegraph-Journal (Saint John NB)
- Times & Transcript (Moncton NB)
- The Daily Gleaner (Fredericton NB)
- The Tribune (Campbellton NB)
- La Voix du Restigouche (Campbellton NB)
- The Bugle-Observer (Woodstock NB)
- Le Journal Madawaska (Edmundston NB)
- L'Étoile (various editions)
- Édition provinciale
- Édition La Cataracte (Grand Falls NB)
- Édition Chaleur (Bathurst NB)
- Édition Dieppe (Dieppe NB)
- Édition Kent (Bouctouche NB)
- Édition Péninsule (Shippagan NB)
- Édition République (Edmundston NB)
- Édition Restigouche (Campbellton NB)
- Édition Shédiac (Shediac NB)
- Kings County Record (Sussex NB)
- Miramichi Leader (Miramichi NB)
- The Northern Light (Bathurst NB)
- Here (Saint John NB, Moncton NB, Fredericton NB)
- A selection of former subsidiaries
- Acadian Lines Ltd.
- SMT (Eastern) Ltd. Bus Lines
- Saint John City Transit
- Irving Industrial Rentals
- Lexi-Tech International
- Barrington Environmental Services
- Barrington Industrial Services
- Commercial Equipment
- Maritime Tire
- M.I.T.I (Xwave)
- Hawk Communications
- Steel and Engine Products Ltd.
- Scot Truck
- MITV
- CHSJ-TV
- CIHF-TV
Irving Oil Ltd
- Irving Oil
- Irving Refinery
- Irving Energy Services Ltd. (home heating fuel)
- Irving Energy Distribution and Marketing
- Irving Propane (formerly named Atlantic Speedy Propane)
- Irving Aviation (supplier of aviation fuel)
- Portage Energy Limited
- Override
- Canaport (deepwater ultra large crude carrier terminal)
- Canaport LNG (25% partner in deepwater liquified natural gas terminal, 75% held by Repsol YPF)
- Coastal Blending & Packaging (automotive & commercial vehicle lubricants and degreasers)
- Irving Lubricants
- Cobalt Properties (real estate company)
- Irving Oil
Ocean Capital Investments
Source Atlantic (formerly Thornes)
Petro Service, Limited
Commercial Properties Limited
- OSCO Construction Group
- Steel
- Ocean Steel Ltd. (structural steel & rebar)
- Ocean Steel Corp. (structural steel)
- Allstar Rebar
- York Steel
- Concrete
- Strescon Ltd. (prestressed cast concrete)
- Borcherdt Concrete Products
- OSCO Concrete
- OSCO Aggregates
- Construction (commercial, institutional and industrial construction)
- FCC Construction & Engineering
- Marque Construction
- Steel
Acadia Broadcasting Limited
Criticisms
Irving companies are private companies; as a result, there isn't as much public information available as there would be for publicly traded organizations. This lack of transparency has led to significant criticism and paranoia regarding Irving business activities.
Irving companies are often criticized for their vertical integration. Examples of vertical integration within the "Irving Group of Companies" (as the Irving family refers to their holdings) include the acquisition or formation of businesses along the entire chain of production, from the Irving refinery (an Irving Oil subsidiary) and its retail outlets, to the transportation subsidiaries of J.D. Irving (RST, Midland, NB Southern, Sunbury), to various construction and engineering companies that assist in building, maintaining and expanding the conglomerate's facilities. Further examples of vertical integration within the conglomerate include Industrial Security Ltd. (ISL), the wholly owned security company that guards facilities, as well as industrial suppliers such as Thornes, Universal Sales and Commercial Equipment Ltd. which provide specialty goods and services to its companies. J.D. Irving, the sister firm to Irving Oil, is a dominant forestry company in northeastern North America, growing trees, harvesting trees and producing lumber, pulp and paper, and various enhanced value products such as newsprint, tissue, and personal care products.
The Dominion newspaper, an independent Canadian newspaper, has criticized Irving's ownership of the New Brunswick Papers, as well as the papers' journalistic integrity, particularly when reporting on companies controlled by the Irving family such as Irving Oil.[1] Even the Canadian Senate has examined the issue; a report from the Senate in 2006 on media control in Canada singled out New Brunswick because of the Irving companies' ownership of all English-language daily newspapers in the province. Senator Joan Fraser, author of the Senate report, stated, "We didn't find anywhere else in the developed world a situation like the situation in New Brunswick."[2] The report went further, stating, "the Irvings' corporate interests form an industrial-media complex that dominates the province" to a degree "unique in developed countries." At the Senate hearing, journalists and academics cited Irving newspapers' lack of critical reporting on the family's influential businesses.[3]
There have also been accusations of Irving family political patronage, notably involving Allan Rock and Claudette Bradshaw of the Liberal Party of Canada.[4]
References
- ↑ Steuter, Erin (November 10, 2003). "Freedom of the Press is for Those Who Own One". The Dominion. Retrieved May 3, 2014.
- ↑ "CBC News: Feds must examine Irving media empire". 2007-10-12. Retrieved 2016-03-24.
- ↑ "The Star: Hot scoop burns reporter at Irving paper". 2009-06-17. Retrieved 2016-03-24.
- ↑ "Rock disregarded ethics ruling to advance Irvings' cause". National Post. October 20, 2003.
External links
- J.D. Irving Ltd
- Fort Reliance Company Ltd - Bloomberg Businessweek listing
- Irving Oil
- OSCO Construction Group
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