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Conoco Strikes Alliance With McLane.


Business/Energy Editors

TEMPLE, Texas--(BUSINESS WIRE)--Jan. 18, 2000

McLane Company McLane Company, Inc. is the nation's largest wholesale-distributor of consumer packaged goods to the convenience store trade and other retail channels. It is also a major foodservice distributor to the quickservice restaurant industry.  Inc., the largest distributor of products and services to the convenience store industry, announced today that it has formed a strategic alliance with Conoco Inc. (NYSE NYSE

See: New York Stock Exchange
:COC See chip on chip. ).

Under a five-year, national, supply agreement, McLane is now serving Conoco's company-owned U.S. stores. This program will be available to Conoco marketers and dealers. McLane will customize the program to meet the business needs and situation of the individual marketers and dealers who qualify.

McLane is recognized for its expert distribution service, responsive customer service and cutting-edge technology capabilities. Along with these core services The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
, the Conoco/McLane program will offer a complete and flexible menu of optional services that provide additional support, flexibility and value to participating Conoco marketers and dealers.

"McLane's strong experience and performance record will be an asset to Conoco's retail network," said Conoco's Carol Wilson, manager of category management. "Conoco's alliance with McLane affords Conoco the efficiencies of working with a single, national food and non-food supplier. We're equally excited about introducing this program to Conoco's branded marketers and dealers because it offers them a wide range of services designed to help make their businesses more successful."

With more than 95 years of distribution experience, McLane Company currently services more than 30,000 convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence.  through a national distribution network.

"Our entire focus is on adding value," stated Gene Martin, director of new business development at McLane. "Working with the Conoco retail organization and branded marketers means working on a case-by-case basis, looking at specific needs and offering a path to competitive, consistent, quality goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . The ultimate goal is to help grow their sales and profits."

Conoco Inc. (NYSE:COC) is a major, integrated energy company based in Houston and active in 40 countries.

Based in Temple, Texas, McLane Company Inc. is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Wal-Mart Stores Inc. (NYSE:WMT (Windows Media Technologies) See Windows Media. ). McLane Company provides distribution services to convenience stores, mass merchandisers and quick-serve restaurants throughout the United States, Brazil and Taiwan. The company operates 16 distribution centers, an industry-specific software company, a third-party logistics company and a contract carrier, and employs more than 10,000 people in the United States.
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Publication:Business Wire
Date:Jan 18, 2000
Words:367
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