Applied Industrial Technologies Announces Strategic Partnership with ORS Nasco
Cleveland, OH (June 9, 2009) – Applied Industrial Technologies (NYSE:AIT) has announced a new strategic partnership with ORS Nasco, the largest wholesaler of tools, safety products, general industrial items and welding supplies in the U.S. ORS Nasco, a single-source wholesaler, sells exclusively to distributors of safety, welding, construction, oilfield/pipeline, and industrial supplies.
The partnership significantly expands Applied’s offering of maintenance supplies in areas such as tools and safety with familiar brands like Rubbermaid®, CM® Hoists, UnionTool® and Maglite®. The offering also extends into new product areas such as welding and oilfield/pipeline supplies. In all, more than 80,000 items have been added to Applied’s product basket.
Applied service centers and customers will benefit from one-day to two-day delivery on
99 percent of ORS Nasco inventory. Quick delivery times are made possible by coordinating the efficiencies of ORS Nasco’s eight strategically located U.S. distribution centers with Applied’s logistical infrastructure.
“ORS Nasco gives us immediate access to the types of products that many customers have been requesting – general industrial items that round out our product offering and make Applied truly a one-stop shop for industrial purchasing,” said Jeff Ramras, Vice President – Supply Chain Management for Applied.
“We are excited about our strategic partnership with Applied and are looking forward to supporting the Applied team in any way that we can,” said Scott Rosenzweig, Vice President – National Accounts & International for ORS Nasco. “The potential for mutual growth is a win-win situation for both companies.”
About Applied Industrial Technologies
With approximately 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 ORS Nasco
As one of North America’s largest pure wholesale suppliers, ORS Nasco sells exclusively to distributors. The company provides high-value solutions and delivers a diverse portfolio of products and services that enables partners to meet the needs of their customers. ORS Nasco thrives on delivery performance excellence for their partners and values the integrity, ownership, and accountability of their team.
- Contact Information
- Julie Kho
- Manager, Public Relations
- Applied Industrial Technologies
- Contact via E-mail
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