CSK Auto Names Transpro as its Primary Air Conditioning Line Supplier.Business Editors NEW HAVEN, Conn.--(BUSINESS WIRE)--April 11, 2002 Transpro, Inc., (NYSE NYSE See: New York Stock Exchange : TPR TPR 1. temperature, pulse, respiration. 2. total peripheral resistance. TPR 1 Temperature, pulse, respiration 2 Third-party reimbursement, see there 3. Total pulmonary resistance ) a leading manufacturer and distributor of aftermarket and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and heat transfer products for automotive, truck, and industrial applications, has announced today that CSK Auto, Inc. (NYSE: CAO) has named Transpro as primary supplier of its air conditioning product line. Effective immediately, CSK CSK see chronic superficial keratitis. will sell the complete Ready-Aire(R) air conditioning (A/C) product line throughout its retail network. This line has application coverage for virtually all makes and models of automobiles and light trucks on the road today and includes several products such as compressors, evaporators, accumulators, filter-driers, hose-assemblies and other A/C components. This agreement represents an extension of Transpro's already established relationship with CSK. CSK has and continues to purchase Ready-Rad(R) Radiators and Ready-Aire(R) Heater Cores and A/C Condensers from Transpro. "We are very excited that CSK Auto has chosen Ready-Aire(R) by Transpro as its air conditioning brand of choice," said Charles E. Johnson For the U.S. politician, see . Charles E. Johnson was a New York burglar who was listed on the FBI's Ten Most Wanted during 1953. While still a teenager, Johnson was first arrested for burglary in 1921. , President and Chief Executive Officer of Transpro. "CSK is the largest retailer of automotive parts and accessories in the Western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century and is among the top five aftermarket retailers in the nation. We look forward to helping CSK grow their air conditioning business and believe this is a strategic step in the growth plans for our company. This new business acquisition demonstrates the effectiveness of our Ready-Aire(R) team in serving major customers' needs." CSK currently operates over 1,130 stores in 19 states under the following trade names: Checker Auto Parts in the Southwest, Rocky Mountains, Northern Plains, and Hawaii; Schuck's Auto Supply in the Pacific Northwest and Alaska; and Kragen Auto Parts, primarily in California. As a specialty retailer, CSK primarily serves the do-it-yourself customer, with increasing emphasis on the wholesale (do-it-for-me) business. Forward-Looking Statements Statements included in this news release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The Company's Annual Report on Form 10-K contains certain detailed factors that could cause the Company's actual results to materially differ from forward-looking statements made by the Company. In particular, statements relating to the future financial performance of the Company are subject to business conditions and growth in the general economy and automotive and truck business, the impact of competitive products and pricing, changes in customer product mix, failure to obtain new customers or retain old customers or changes in the financial stability of customers, changes in the cost of raw materials, components or finished products and changes in interest rates. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion