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Sam Skolnick
Sam Skolnick was a one-of-a-kind player in the frozen fruit
commodity business and he brought to the table some unique talents and
insights that will surely be missed and, possibly, never replaced. Sam
was, above all things, a bold risk taker. He was a tireless teacher. He
freely gave information and advice to all who asked, customer and
competitor alike. Many of us owe much of our understanding of the
industry to Sam. He was a
major player in Michigan fruits, Northwest berries and California and
Mexican strawberries. He supplied financing for packers, suppliers and
customers; bankrolled start-ups and lent money and a sympathetic ear to
those who were down on their luck. He
served as a major moderating force in markets by balancing supply and
demand by taking early, late or sometimes unpopular positions. He knew
instinctively how to make money and he knew how to lose money and bounce
back. His flirtation with risk was based on his incredible and
far-ranging analysis of markets, supply and demand, sales and marketing
and the ever-fickle forces that motivate both buyers and sellers. He
was born in Bucharest, Romania, 1921. His family moved to the USA in
1922 and his first home was in Brooklyn, NY. His family established a
grocery store and someone in the family who had a knack for making jams
and jellies began to produce a small amount of these items for sale to
their regular customers. In a relatively short time, this grew to be far
bigger than the grocery store and Fruitcrest Preserve Company started in
1938, run by the senior Skolnick with his sons, David and Sam. At
an early age, Sam was involved in the manufacturing side of the fruit
game which gave him considerable insight into supply and demand and
sources of product. In 1957, Sam decided to establish his own brokerage
or sales organization and Imperial Frozen Foods was formed. Sam's
analysis of markets, supply and demand and sales direction made Imperial
a rapid success and a leader in its field.
Sam Skolnick passed away on Sunday,
October 10, 1994.
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