BENSALEM, Pa., Sept. 5, 2002 (PRIMEZONE) -- Strategic Distribution, Inc. (SDI) (Nasdaq:STRD), a leading provider of MRO supply chain management services, announced today that it has been selected as a Top 10 Supplier for NACCO Material Handling Group, Inc. (NACCO). The award presentation will be held on September 12, 2002 in Greenville, North Carolina.
Since 1997, NACCO has given annual recognition to those top suppliers who provide superior cost management, new product support, customer service, product warranty, delivery and quality. SDI provides a production hardware and fastener program for several of NACCO's facilities in addition to MRO storeroom supply services through their In-Plant Store(r) program.
President and CEO, Ron Whitaker was thrilled with the news, commenting, "We are honored to be recognized for the hard work our people do for the NACCO facilities. This is especially rewarding coming from SDI's very first customer and is proof of our ability to provide long-term benefit to our customers."
NACCO Director of Purchasing for the Americas, Terry Doyle, said, "SDI has been an excellent business partner for more than twenty years and this recognition speaks to their contribution to the growth and success of our company."
NACCO Materials Handling Group, Inc. is a subsidiary of NACCO Industries, Inc. that designs, engineers, manufacturers and sells a full line of lift trucks and replacement parts marketed worldwide under the Hyster(r) and Yale(r) brand names.
Strategic Distribution, Inc. is a leading provider of maintenance, repair and operating (MRO) supply services to commercial and industrial customers as well as institutions of higher education. The Company provides comprehensive MRO outsourcing solutions that reduce costs and inefficiencies in the procurement and management of those materials. Additional information about SDI and the In-Plant Store(r) program can be found on the Company's web site at www.in-plantstore.com.