CHICAGO, May 15 /PRNewswire/ -- Grainger's OrderZone.com, a leading B2B
multi-supplier Internet marketplace, today announced a major expansion of its
supplier base with the addition of Fastenal Company and Motion Industries.
The addition of these new distributors expands the coverage of OrderZone.com's
product offerings to include threaded fasteners, fastener accessories,
bearings and power transmission products. Already one of the largest and most
comprehensive B2B one-stop shopping marketplaces, OrderZone.com's searchable,
online database now offers more than 420,000 brand name products needed by
small and mid-sized businesses (SMBs).
Daniel Hamburger, president of OrderZone.com said, "We identify
prospective partners based on their ability to offer best-of-breed products
and service to our customers. Adding Fastenal and Motion Industries showcases
our commitment to being the single source for the non-production materials
SMBs need."
The advantage OrderZone.com provides SMBs is significant, noted Hamburger,
"It allows our customers to simplify their purchasing process across multiple
suppliers, driving costs out of the procurement process."
Fastenal Company Chief Operating Officer Will Oberton said, "Fastenal has
demonstrated a strong commitment to strengthening our presence in small
business markets, and partnering with OrderZone.com and its quality suppliers
is another important move in that process. This agreement allows us to
further establish our online presence while maintaining our ability to give
customers the strong level of service they've grown to expect from Fastenal."
Bill Stevens, president and CEO of Motion Industries, explained, "Motion
Industries is committed to providing superior value to our customers via
electronic business solutions. By partnering with OrderZone.com, we've given
our customers yet another means of improving service, reducing cycle time, and
increasing process efficiencies."
OrderZone.com is currently ranked as the #3 B2B website by Advertising
Age's Business Marketing and offers SMBs the convenience of one-stop shopping,
bringing multiple suppliers of non-production materials together in a single
site. OrderZone.com further reduces procurement costs by offering one invoice
from all of its suppliers. With a single search, customers can access
products from Lab Safety Supply, Grainger Industrial Supply, Corporate
Express, Cintas, VWR Scientific Products, Avnet Electronics, Fastenal and
Motion Industries. For more information, visit http://www.orderzone.com .
Founded in 1967, Fastenal Company (Nasdaq: FAST) is a worldwide leader in
the distribution of industrial and construction supplies. More information can
be obtained by visiting the company's website at http://www.fastenal.com .
Motion Industries, Inc., with 1999 sales in excess of $2 billion, is a
wholly owned subsidiary of Genuine Parts Company (NYSE: GPC). More
information can be obtained by visiting http://www.motion-industries.com .
W.W. Grainger, Inc. (NYSE: GWW), with 1999 sales of $4.5 billion, is the
leading North American provider of MRO supplies and related information to
businesses and institutions. Grainger shares are traded on the New York and
Chicago stock exchanges. For more information, visit Grainger online at
http://www.grainger.com .
SOURCE W.W. Grainger, Inc.
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Related links:
http://www.Grainger.com
Company News On-Call:
http://www.prnewswire.com/comp/953850.html or fax,
800-758-5804, ext. 953850
CONTACT:
Steve Fauntleroy of OrderZone.com,
847-573-3495, or sfauntleroy@orderzone.com, or Christine
Swiderski of W.W. Grainger, Inc., 847-535-4094, or
swiderski.c@grainger.com
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