CRP Industries Inc. Recognized as 2005 Exceptional Employer

CARTERET, N.J., Aug. 16, 2005 -- CRP Industries Inc., a supplier of automotive and industrial products, was recently recognized by the Employers Association of New Jersey for exceptional workplace practices and was one of three companies honored with the 2005 Harold R. Hawkey Exceptional Employer Award.

CRP Industries Inc. was recognized for its benefits program best practices titled "25 Ways CRP is Working for You!" This program identifies four types of benefit groups directly addressing CRP's goal of assisting its employees with achieving a balance between work and family. Those benefits are Health & Well-Being, Financial Security, Quality of Life, and Career Development.

"CRP knows that having a satisfying and fulfilling life is about more than just having a stable job," states George Schildge, President, CRP Industries Inc. "It's about being able to provide for your family, protect your family, plan for the future, have the help and resources available when needed while having some fun along the way."

From contributing up to 90% of the cost of medical insurance to offering tuition reimbursement, from wellness programs to an employee suggestion program, from fully funding a profit sharing retirement plan to offering a 401(k) plan, from providing life insurance coverage to sponsoring an employee safety team, from pizza parties to annual parties, CRP provides many ways to help employees achieve a good balance between work & family. CRP simply refers to this program as "25 ways CRP is working for you!"

"With 70-plus employees, we are a very small employer and take the role of every single individual in our organization seriously," said Schildge. "We understand that it is these individuals that bring value to our company and that they are the reason we have been successful year after year." Schildge adds "And we firmly believe that these benefits provide our employees with everything they need to lead a well balanced life, both in and out of work."

CRP Industries Inc.

Founded in 1954 as the North American partner of Continental AG, CRP has established a solid reputation for exceeding its customers' expectations in quality products and service levels. Shipping from distribution centers in New Jersey, California, Canada and Mexico, the company's extensive product lines span three market segments: automotive replacement parts, high-speed electric motors and industrial hoses. All products are backed by the CRP promise of quality and superior service. For additional information, visit the CRP Industries Web site at http://www.crpindustries.com/.

Employers Association of New Jersey

Established in 1916, EANJ has strived to apply the collective experience of its 1,000-plus membership to help employers make sound and responsible employment decisions. The Harold R. Hawkey Exceptional Employer Awards are an outgrowth of the association's work, which encourage excellence and replication of best workplace practices. For additional information, visit the EANJ web site at http://www.eanj.org/.