Powdr Corporation is one of the largest ski resort operators in North America, along with Boyne Resorts, Intrawest, and Vail Resorts. Unlike its competitors, Powdr focuses on ski area operations rather than real estate development. It is owned by the Cumming family and headquartered in Park City, Utah. John Cumming, who co-founded the clothing company Mountain Hardwear, is the current CEO of Powdr Corp. Powdr was founded in 1994 by Ian Cumming with the purchase of Park City Mountain Resort. Later that year, the company expanded into California with the purchase of Alpine Meadows near Lake Tahoe. In August 1995, the company continued its expansion in California with the purchase of the Boreal and Soda Springs ski areas. In April 2001, Powdr acquired Mount Bachelor ski area from a group of shareholders. The company bought Las Vegas Ski and Snowboard Resort in November 2003. Killington and Pico were sold to Powdr by American Skiing Company in May 2007. In July 2007, Powdr sold Alpine Meadows to JMA Ventures.