Nissan Forklift Corporation Renews In-Plant Store(R) Contract
Nissan Forklift Corporation Renews In-Plant Store(R) Contract
BENSALEM, Pa., Aug. 7 Strategic Distribution, Inc. - a leader in MRO supply chain management, today announced that Nissan Forklift Corporation, North America has renewed its In-Plant Store(R) contract at the Marengo, Illinois facility for five years. The Marengo facility has been serviced by Strategic Distribution, Inc. (SDI) since the fourth quarter of 1995 and represents a true partnership with Nissan. Ron Whitaker, president and CEO of SDI commented, "Nissan is a forward looking company that has partnered with us to obtain a significant competitive advantage in MRO supply chain management. We look forward to another five successful years of helping Nissan achieve their strategic goals." In-Plant Store(R) services include the procurement and management of all MRO and OEM parts supplies and inventories, internal distribution, performance reporting and technical support. SDI operates sites throughout the United States and Mexico at leading manufacturing and process companies and is celebrating thirty years in the supply-chain management business. Nissan is a leading manufacturer of material handling equipment with more than 140 locations worldwide. Additional information about SDI and the In-Plant Store(R) program is available from the Company's web site located at http://www.in-plantstore.com. Strategic Distribution, Inc. is a leading provider of industrial supply services to commercial and industrial customers. The Company provides proprietary services that reduce costs and inefficiencies in the procurement and management of maintenance, repair and operating ("MRO") materials. For large industrial facilities, the Company's In-Plant Store(R) program offers a comprehensive MRO outsourcing solution through which the Company manages all aspects of industrial supply and logistics. The foregoing paragraphs contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company's actual results could differ materially from those set forth in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in Management's Discussion and Analysis of Financial Condition and Results of Operations in the Company's 2000 annual report as filed on Form 10-K with the Securities and Exchange Commission.
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