Industry News

Applied Industrial Technologies Receives Excellent Supplier Award From PPG Industries, Inc.

Published on 2006-06-09. Author : SpecialChem

CLEVELAND, -- Applied Industrial Technologies (NYSE: AIT - News) has been selected as a PPG Industries, Inc. Excellent Supplier for 2005. This is the second consecutive year Applied has received the award for its superior ratings in the areas of quality, delivery, documentation, innovation, responsiveness and commercial value.

Ongoing continuous improvements and participation in the Supplier Added Value Effort ($AVE) program, which tracks suppliers' efforts to provide hard cost and soft cost savings, play an increasingly important role in earning the award.

One of 11 suppliers honored by PPG, Applied provides industrial, fluid power, and engineered products and systems to PPG's chlor-alkali and derivatives, automotive original-equipment glass, performance glazings, aerospace, fiber glass and other businesses in the United States.

Applied President & COO Bill L. Purser said, "Applied is very pleased to be recognized, once again, as an Excellent Supplier by PPG. Our support and dedication to PPG, coupled with our overall team effort, helped us to earn this achievement."

Commenting on Applied, PPG Vice President Kathleen McGuire stated, "We consider Applied Industrial Technologies a very reliable and important business partner, and view our relationship with them as a significant competitive advantage to PPG."

About Applied Industrial Technologies

With more than 440 facilities and 4,500 employee-associates across North America, Applied Industrial Technologies is an industrial distributor that offers more than 2 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, 2005, Applied posted sales of $1.72 billion.

About PPG Industries, Inc.

Headquartered in Pittsburgh, PA, PPG is a global supplier of coatings for the automotive, aerospace, industrial and packaging industries with 110 manufacturing facilities and equity affiliates in more than 20 countries. In addition, PPG manufactures adhesives, sealants, metal pretreatment products, flat glass, fabricated glass products, continuous-strand fiber glass products, and chlor-alkali and specialty chemicals.

Source: PPG Industries, Inc.

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