12.06.2007 16:39:00
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Grainger Chairman and CEO, Richard Keyser, Receives Marco Polo Award in Beijing
Richard L. Keyser, Chairman and Chief Executive Officer of W.W.
Grainger, Inc., the leading North American provider of facility
maintenance products, received the prestigious Marco Polo Award today
during a banquet held at the Diaoyutai State Guest House. The award is
presented in recognition of the company’s
contribution to supporting foreign expert volunteers in China.
The General Director of China’s State
Administration of Foreign Experts Affairs (SAFEA) presented the Marco
Polo Award to Keyser on behalf of SAFEA, the China Association for
International Exchange of Personnel and the US-China Foundation for
International Exchanges.
In the spirit of the famous Italian traveler who visited China in the
thirteenth century, the award is presented to American business leaders
and other honored recipients for their work in advancing economic and
cultural ties between China and the United States. Past award winners
include leaders of Ford Automotive, Motorola, Kodak, Johnson & Johnson,
Estee Lauder and Heinz and former U.S. President George H. Bush.
"I am very happy to accept the Marco Polo Award on behalf of Grainger,"
said Richard Keyser. "Grainger has a long tradition of supporting the
communities where we do business, and now that we are in China I am very
pleased we can help these esteemed institutions and support the work of
dedicated volunteers in economic development and scientific work.”
Grainger established its presence in China in 1995 to begin sourcing
products in Asia. The Grainger Global Sourcing operation in Hong Kong
and Shanghai sources a variety of facilities maintenance products.
Grainger opened its first product distribution center in China in
September 2006. The Master Branch, located in the Shanghai suburb of
Minhang, stocks over 30,000 products businesses and institutions need to
keep their facilities running. Grainger’s
Chinese language catalogue featuring all the products carried in the
Master Branch, web site, at http://www.grainger.com.cn,
and 24-hour call center make it easy for customers in China to find and
order everything they need from one source, saving them time and money.
As more global manufacturing companies move to China and local
businesses continue to develop, the market for maintenance, repair and
operating products is growing substantially. Grainger’s
China operations are expanding along with this robust market, with a new
customer service center recently opened in Jiading, a second scheduled
for later this month in Jinqiao and several additional customer service
center openings planned in the Yangzi River Delta by the end of the
year. In July, Grainger will publish the second edition of its Chinese
language catalog which will offer 10,000 new products in stock at the
Minhang location. To support its growing presence in China, Grainger has
grown its workforce to more than 200 at its Shanghai Master Branch.
About W.W. Grainger
W.W. Grainger, Inc. (NYSE:GWW), with 2006 sales of $5.9 billion, is a
leading broad-line supplier of facilities maintenance products serving
businesses and institutions in Canada, China, Mexico and the United
States. Through a highly integrated network including nearly 600
branches, 18 distribution centers and multiple Web sites, Grainger's
employees help customers get the job done, saving them time and money by
having the right products to keep their facilities running.
CONTACT:
Dai Ni
APCO
Tel: +86-10-6505-5187 ext. 267
Email: Ndai@apcoworldwide.com
or
Freda Zhu
Grainger China LLC.
Tel: +86-21-2408-1011
Email: Freda.zhu@grainger.com
or
Ernest Duplessis
W.W. Grainger, Inc.
Tel: +1-847-535-4356
Email: Ernest.Duplessis@grainger.com
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