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Jim Davis bought New Balance for $100,000 in 1972 and still owns about 95% of the company, per Joe Pompliano. Back then, it had six employees and made just 30 p

BWB News TV • 2026-11-10 18:17 UTC • By Billy Odell Tucker-Robinson
Jim Davis bought New Balance for $100,000 in 1972 and still owns about 95% of the company, per Joe Pompliano. Back then, it had six employees and made just 30 p
Jim Davis bought New Balance for $100,000 in 1972 and still owns about 95% of the company, per Joe Pompliano. Back then, it had six employees and made just 30 pairs of running shoes a day.
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