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News
Release
For Immediate Release DATE: MARCH
23, 2001
S.P. Richards Company, a
wholly owned subsidiary of the Genuine Parts Company (GPC:NYSE) and
leading wholesale distributor of business and office supplies, announced
today….
Greg Nissen,
Western Division Vice President will be assuming a more prominent
role in managing S.P. Richards’ Canadian subsidiary, Norwestra
Office Products. Robert and Julie Hunt, formerly of Norwestra, have
left the company to pursue other opportunities.
Norwestra
will continue to operate under the present management staff of
Eugene DePreez, Gordon Clokie and Al Heatherington, who understand the market and the needs of
Norwestra’s customer base in Canada.
“Customer
service is a major focal point for our talented team in Canada,”
said Nissen. “We have an extremely strong infrastructure in place
in our Western and Eastern Canadian operations. Going forward, our
primary goal will be to maximize this structure through an increased
focus on sales, marketing, and dealer programs. This will allow us
to offer a complete range of products and services to the Canadian
marketplace.”
Norwestra is
a full-line wholesaler of office products and furniture serving the
Canadian market with locations in Vancouver, Toronto, Winnepeg and
Calgary.
S.P. Richards Company, a wholly
owned subsidiary of the Genuine Parts Company (GPC: NYSE), distributes
a wide spectrum of business products to office products resellers throughout
the U.S. and Canada. These products include consumable office supplies,
office furniture, computer supplies, consumer electronics, and facilities
supplies from all of the major industry manufacturers. S.P. Richards
Company markets several private label lines under the brand names of
Sparco, Nature Saver, Compucessory, and Elite Image. The company operates
44 Distribution centers in the United States and Canada, including Horizon
USA, its computer supplies subsidiary and Norwestra, a Canadian based
Business Products Wholesaler.
Genuine Parts Company is a diversified
distribution and services company that operates four wholly owned subsidiaries.
The Company is a leading distributor of automotive replacement parts
in the U.S., Canada and Mexico; industrial replacement parts in the
U.S., Canada and Mexico through its Motion Industries subsidiary; office
products nationwide in the U.S. and Canada through its S.P. Richards
Company subsidiary; and electrical and electronic components throughout
the U.S. and Mexico through its EIS, Inc. subsidiary. Genuine Parts
Company had 2000 revenues of $8.4 billion
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