The firm sells on credit to 28 St. Louis metropolitan companies. Terms of both sales and purchases are net invoice amount of paid within 30 days, or 2 percent discount if paid within 10 days of the invoice date. The firm was founded in 1986 as a corporation by Jack Pollard, who serves as president and chairperson of the board. Other officers of the firm include a vice president, a controller-treasurer, a sales manager, a purchasing manager, and a distribution manager. All these managers, plus three outside directors, comprise the board of directors.
All stock is owned by the directors.
During its several years of operation, the firm has grown steadily in sales volume. Although this growth has been funded in part by bond issues, it has mainly been supported by yearly net earnings. As the financial statements for the most recent year indicate, the firms net earnings and current financial condition are generally satisfactory. RDC operates from a single office building and adjacent warehouse, which are leased. All the employees are salaried.