Applied Industrial Technologies Earns a Supplier of the Year Award from AK Steel
CLEVELAND, OH (February 24, 2009) –Applied Industrial Technologies (NYSE: AIT) has earned a Supplier of the Year award from AK Steel in recognition of its outstanding service, value and strategic support of the steelmaker’s business plan in 2008.
One of seven suppliers and processors honored by AK Steel, Applied provides bearings, power transmission and fluid power components to the steelmaker’s mills throughout Ohio, Indiana, Kentucky and Pennsylvania. AK Steel has presented Supplier of the Year awards to its business partners for the past five years.
“Applied is honored and pleased to earn Supplier of the Year status from AK Steel,” stated Tom E. Armold, Vice President – Marketing and Strategic Accounts for Applied. “AK Steel relies on its suppliers to have a strategic impact on their operations, and Applied has proven that it can provide that level of support. Our dedication and team efforts have earned us this recognition, and it is our hope to continue to demonstrate that commitment in the future.”
Commenting on the 2008 award recipients, AK Steel Chairman, President and CEO James L. Wainscott stated, “Our 2008 award recipients have gone above and beyond to provide exceptional value to AK Steel. They each have delivered a quality product or service to our company this year at a significant cost savings.”
About Applied Industrial Technologies
With more than 470 facilities and 5,000 employee-associates across North America, Applied Industrial Technologies is an industrial distributor that offers more than 3 million parts critical to the operations of MRO and OEM customers in virtually every industry. In addition, Applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. For its fiscal year ended June 30, 2008, Applied posted sales of $2.1 billion. Applied can be visited on the Internet at http://www.applied.com.
About AK Steel
AK Steel produces flat-rolled carbon, stainless and electrical steels, primarily for automotive, appliance, construction and electrical power generation and distribution markets. Additional information about AK Steel is available on the company’s web site at http://www.aksteel.com.
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- Contact Information
- Julie Kho
- Public Relations Manager
- Applied Industrial Technologies
- Contact via E-mail
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