AssetTrade Announces Exclusive Global Agreement with Bethlehem Steel for Equipment Disposition and Acquisition Services.Business Editors KING OF PRUSSIA King of Prussia, industrialized suburban area (1990 pop. 18,406), Montgomery co., SE Pa. It has glass and steel fabricating, food processing, printing and publishing, and varied manufacturing (textiles, liquified petroleum gas, water-treatment and electrical , Pa.--(BUSINESS WIRE)--March 20, 2001 AssetTrade, a leading asset recovery management and disposition company, today announced that it has signed a global, three-year exclusive agreement with Bethlehem Steel The Bethlehem Steel Corporation (1857–2003), based in Bethlehem, Pennsylvania, once was the second largest steel producer in the United States (after Pittsburgh, Pennsylvania-based US Steel). Corp. (NYSE NYSE See: New York Stock Exchange : BS), the nation's second-largest fully integrated steel producer. Under the terms of the agreement, AssetTrade will utilize its Internal Redeployment re·de·ploy tr.v. re·de·ployed, re·de·ploy·ing, re·de·ploys 1. To move (military forces) from one combat zone to another. 2. software, on-line and off-line auction capabilities, and Internet-based Global Marketplace to provide comprehensive services to help Bethlehem Steel dispose of and acquire surplus equipment. "We're honored that one of our nation's most respected and productive industrial companies has chosen to partner with AssetTrade," said Gavin Kerr Gavin Kerr is a rugby union footballer who plays prop for Edinburgh Rugby and Scotland. He signed for Edinburgh on August 30th 2007 having previously played for Leeds Tykes - now Leeds Carnegie - and the now defunct Border Reivers. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AssetTrade. "Our asset disposition and acquisition services are tailor-made for a company like Bethlehem Steel. We're confident that we can save the company valuable time and money by institutionalizing its disposition chain processes on a global scale." Thomas J. Conarty, Bethlehem Steel's senior vice president and chief information and procurement officer, said: "With the outsourcing of the redeployment and sale of our surplus equipment and machinery to AssetTrade, Bethlehem is looking forward to an enhanced asset recovery program, especially the leverage of AssetTrade's expertise and global presence." About AssetTrade Headquartered in King of Prussia, Pa., AssetTrade is the world's leading provider of disposition chain management solutions for industrial companies around the world. It provides comprehensive services for Global 2000 companies to maximize the value of their surplus assets and to ensure that all buyers can purchase used equipment with confidence. AssetTrade combines the reach of the Internet with the knowledge and experience of its land-based subsidiaries Michael Fox Michael Fox may refer to:
The AssetTrade family of companies is composed of more than 275 employees in 60 offices located in 27 countries throughout the world. AssetTrade's strategic partner network includes leading surplus equipment dealers Perfection Machinery, Perry Videx and Graphworld. Financial support has been provided by Internet Capital Group (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ICGE), a leading business-to-business e-commerce company. To learn more about AssetTRADE, log onto www.assettrade.com or call 1-888-686-2954 in the U.S. or 001-610-992-1900 outside the U.S. About Bethlehem Steel Bethlehem Steel Corp. is the nation's second-largest fully integrated steel company with annual revenues of about $4 billion and shipments of 9 million tons of steel products. Bethlehem's 14,500 employees work primarily in three major divisions - Burns Harbor, Ind.; Sparrows Point, Md. (with plate mills in Coatesville and Conshohocken, Pa.), and Pennsylvania Steel Technologies in Steelton, Pa. The corporation is a leading supplier to the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. automotive and construction industries, and is the largest supplier of plate products on the continent. Bethlehem's web site is www.bethsteel.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion