CLARCOR Signs Total Filtration Supply Agreement with DSCC
02 August 2005 - 6:35PM
Business Wire
CLARCOR Inc. (NYSE: CLC) today announced that it has signed an
agreement with the Defense Supply Center Columbus (DSCC) to supply
advanced filtration products and systems for the US Navy. DSCC is
part of the Defense Logistics Agency of the U.S. Department of
Defense. Based in Ft. Belvoir, Virginia, DSCC manages more than $2
billion in spare parts purchases from more than 20,000 military and
civilian suppliers. This agreement between DSCC and CLARCOR is the
first Supply Chain Alliance signed by DSCC Maritime Supplier
Operations. DSCC had worked with various CLARCOR divisions in the
past. This Supply Chain Alliance, an outgrowth of DSCC's Supplier
Relationship Management initiative, will bring all the CLARCOR
divisions under a single, Total Filtration Program contract.
Maritime Supplier Operations director Ann Bradway said the new
Supply Chain Alliance will improve the Defense Logistics Agency's
relationship with an important supplier. "You may be efficient with
an arms-length, transaction-based, reactive-type relationship, but
if we want to take a great leap forward, and we do because our
customers are ever more demanding, this is the way we want to go,"
she said. "The bottom line is, it's really all about supporting the
warfighter the best way we can." Norm Johnson, CLARCOR's Chairman
& CEO, said, "This is an important relationship for CLARCOR.
Not only are we privileged to be able to support our armed forces,
but this alliance with DSCC will increase our ability to service a
very important customer by coordinating DSCC's filter purchases in
an efficient and cost-effective manner. This is truly a win-win for
both DSCC and CLARCOR." CLARCOR is based in Franklin, Tennessee,
and is a diversified marketer and manufacturer of mobile,
industrial and environmental filtration products and consumer and
industrial packaging products sold in domestic and international
markets. Common shares of the Company are traded on the New York
Stock Exchange under the symbol CLC. Further information on CLARCOR
can be found at www.clarcor.com. The statements in this release
concerning the Company's business performance and prospects arising
from the above-mentioned supply agreement with Defense Supply
Center Columbus are forward-looking statements that involve
significant risks and uncertainties, including the effect of
changes in product demand, availability of labor, price and product
competition, raw material costs, energy prices, productivity,
general economic and political conditions in both domestic and
foreign markets, and other factors discussed in filings made with
the Securities and Exchange Commission.
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