Business View Magazine | March 2020
135 BUSINESS VIEW MAGAZINE MARCH 2020 FDR SERV I CES CORP . the business by taking on the processing of all the linens for the nursing homes and expanding to hospitals. They put up their first plant in Baldwin, NY in 1975. From ’75 to ’98, they wound up growing the business to be able to service 13 states, up and down the eastern seaboard, with seven plants, and were considered to be one of the largest privately-owned companies in the country at the time.” In 1998, the founding trio sold their company to a venture capital firm, but retained some rights to its real estate. In 2005, the younger Luneburg, who had learned the business from the ground up from his father, re-acquired some of the original plants in the northeast, along with his sister Kim and his brother-in-law Jesse McCormack, FDR’s current Vice President. “And we’ve been operating in North Carolina, Virginia, and New York, now, for the last 14 years, with around 500 employees,” Luneburg notes. “I kept the name because of the family value it has and the name recognition it has in the marketplace.”
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