WESCO International, Inc. Renews Multi-Year Supply Agreement with United Technologies Corporation
PITTSBURGH, April 23, 2014 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, today announced that it has renewed its integrated supply agreement for five years with United Technologies Corporation (UTC) to provide industrial MRO products, distribution logistics, inventory management, and other value-added services.
UTC provides a broad range of high-technology products and services to the global aerospace and building systems industries. WESCO currently serves UTC in 11 countries across North America, Europe, and Asia. Under the agreement, UTC will have access to WESCO's e-Crib MRO software program, which includes a wide range of procurement and inventory management functions.
"We are pleased to continue our relationship with WESCO," said Benoit Brossoit, Vice President of Operations, UTC. "We chose WESCO because of their commitment to service excellence and the value they provide across our supply chain. Our long-standing relationship has helped us consistently reduce costs while improving productivity."
"We remain focused on delivering operational excellence and value creation for our customers and their supply chains," said Steve Van Oss, Senior Vice President and Chief Operating Officer, WESCO International. "We look forward to working closely with UTC to find new opportunities to add value and further expand the relationship."
WESCO International, Inc. (NYSE: WCC), a publicly traded Fortune 500 company headquartered in Pittsburgh, Pennsylvania, is a leading provider of electrical, industrial, and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials, and advanced supply chain management and logistic services. 2013 annual sales were approximately $7.5 billion. The company employs approximately 9,200 people, maintains relationships with over 25,000 suppliers, and serves over 75,000 active customers worldwide. Customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers, and utilities. WESCO operates nine fully automated distribution centers and approximately 475 full-service branches in North America and around the world, providing a local presence for customers and a global network to serve multi-location businesses and multi-national corporations.
The matters discussed herein may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from expectations. Certain of these risks are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2013, as well as the Company's other reports filed with the Securities and Exchange Commission
SOURCE WESCO International, Inc.