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JM Smith Corp: Evolving Company

February 27, 2014

There are companies who wind up as dinosaurs and eventually close down. Others know how to adapt and change with the times or take advantage of new opportunities that come with the changing time. This can be said of JM Smith Corporation which is based in Spartanburg, South Carolina.

In 1944 JM Smith began his company known as Smith Drug Company. As there was opportunity in wholesaling the firm evolved into a wholesale distributor to over 1,400 independent pharmacies located in 19 southern states. The company looked at other opportunities.

In 1990 it created QS/1 Data Systems. This develops computer systems for pharmacies and home medical equipment providers. Another company put up was Smith Premier Services which provides a range of prescription services for employees and insurance carriers.

JM Smith also established an online division, CornerDrugstore.com which provides internet transactions for regional chain pharmacies. The firm’s Integral Solutions Group Division provides voice and data, security, and all other infrastructure network needs, mainly in the southwest.

JM Smith has a subsidiary, Norgenix Pharmaceuticals, which markets over-the-counter and prescription products in all 50 states. RxMedic Systems provides robotic pill counting and packaging services for retail pharmacies.

With so many enterprises this firms looks like it’s here to stay.

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