Business Essentials Changes Name, Vaults to Top 3.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com. NASHVILLE, Tenn.--(BUSINESS WIRE)--June 29, 2000 Business Essentials, Inc. (BEI Bei (pā, bā), river, c.200 mi (320 km) long, formed by the union of two headstreams in the Nanling Mts., N Guangdong prov., S China. It flows S into the Xi River, E of Guangzhou, to form the Pearl River delta. ), a privately-held office products company formed to create a nationwide network of office supply distributors, announced today its corporate name change to Prime Office Products(TM) and the acquisition of Office Helper Products, Inc., Petaluma, California Petaluma is a city in Sonoma County, California, in the United States. As of the 2000 census, the city had a total population of 54,538. As of 2005, Petaluma's population is 56,721. [link was dead) contains the Rancho Petaluma Adobe, a National Historic Landmark. . The announcement now places Prime Office Products(TM) in the top three privately-held independent office supply companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. with a run rate of over $65 million. Paul J. Christians, 42, Chief Executive Officer, stated, "The new name defines exactly what we do, procurement and delivery of office products to mid-market commercial and industrial customers. Our model calls for extensively applied technology to produce a high degree of local touch, reduced costs, and superior returns. Until this point, we have been developing the infrastructure and corporate staff to support the rate and scale of our growth. Now, infrastructure and capital will allow us to meet or beat the estimates in our original business plan." Robert C. Fisher, 41, president, added, "Our goal is to grow revenue between $500 million and $700 million on an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. basis, and with our lead investment partners, Brantley Partners IV, L.P., and Brantley Capital Corporation, Cleveland, Ohio, and Massey Burch Capital Corporation (Nashville, Tennessee), we are poised to do so." Prime Office Products currently serves 8 markets: Atlanta, Georgia, under the name of Davis Office Supply; Oklahoma City, Oklahoma “OKC” redirects here. For the airport, see Will Rogers World Airport. Oklahoma City is the capital of the U.S. state of Oklahoma. The county seat of Oklahoma County, the city is the 30th largest city in the U.S. , as Archer Office Products; Baltimore, Maryland/Washington, D.C., as Stark Office Services; South Bend, Indiana This article is about the city in Indiana, US. For other uses of the name South Bend, see South Bend (disambiguation). South Bend is a city in St. Joseph County, Indiana, United States. , as Business Systems, Inc., in Montgomery, Alabama, as Office Express, Inc., and in San Francisco/Petaluma under the name of Office Supply Helper. The company is currently acquiring other office supply distributors across the United States. Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.062900/bb3 |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion