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UGITECH USA Adds North American Stocking Locations |
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(Doylestown, PA) November 12, 2007… Specialty steels provider UGITECH USA, which is part of the Schmolz + Bickenbach Group, announced today that it has plans to expand their distribution network by adding stocking locations in Cleveland, OH and Toronto, Canada. "The Schmolz + Bickenbach Group is committed to growth in the North American market", said Tony Elfstrom, President & CEO. "Our investment in the two stocking locations, just months after the July 2007 launch of our new manufacturing and distribution facility in Batavia, Illinois, clearly demonstrates our commitment to the market and our customers." The two new stocking locations will complement the five existing locations that will remain in New Jersey, South Carolina, Illinois, Texas and California. The Cleveland warehouse will be operational by January 1, 2008 and Ugitech product will be in the Toronto warehouse, which is an existing Schmolz + Bickenbach facility, by the end of Q1 2008. Chris Zimmer, Vice-President, Sales & Marketing added, "The expansion of stocking locations is a customer driven decision that will increase our service level and shorten delivery lead times to our customers." |
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About UGITECH USA
UGITECH USA is the North American distribution arm of UGITECH, a Stainless and Nickel Alloys Long Products division of Schmolz + Bickenbach AG. UGITECH USA has been directly servicing the US market with our strategically located stocking locations since 1990. Our specialty steel products and unique approach set us apart from other steel mills and distributors. At the core of our organization's success is our immediate product availability, custom orders, dedicated inventory programs, and strong metallurgical and mechanical engineering support. This, combined with our knowledge of our customers and our source of stainless quality, provides a competitive advantage for our clients. |
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About SCHMOLZ + BICKENBACH
Schmolz+Bickenbach Group is now the largest provider of specialty steel solutions in the world. As the number one company, it intends to continue a fast growth track using its unique operating platform of production, processing and distribution of specialty steel products. Schmolz + Bickenbach was established as a pure steel distributor and as a global entity has used its more than 150 years of experience to build an unsurpassed level of service to its customers. The global workforce of Schmolz + Bickenbach Group is 11,000 strong and operating in more than 50 locations in Western and Eastern Europe, North America, South Africa, Australia and Asia. Schmolz+Bickenbach Group utilizes a large sales network present in more than 25 countries with annual sales of more than 5 billion (USD). The company is headquartered in Düsseldorf, Germany. |
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Media Contacts
Jill DeLucia, Marketing & Communications: (215) 345-5200, extension 460 |