Corporate United Announces Expansion into New Market; Growth Will Better Serve Current Members Located in Mid-Atlantic and Expand Opportunities in the Region.WASHINGTON -- Corporate United, the nation's largest group purchasing organization A group purchasing organization is an entity that leverages the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Many GPOs are funded by administrative fees that are actually paid by the vendors. , announces new investments in their infrastructure to expand their coverage in new markets. Effective immediately, Corporate United will be establishing a more significant presence in the Mid-Atlantic region to better service current members, which include industry-leading companies like BAE Systems BAE Systems British manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems. and Capital One, while concentrating on the vast opportunities in this region. To lead this effort, Corporate United has recruited a top supply chain leader from Johnson Controls Johnson Controls, Inc. (NYSE: JCI) is a United States company, based in Milwaukee, Wisconsin, specializing in the design, manufacturing, and installation of automotive systems, automotive batteries (Optima[1] based in Denver, Colorado) and climate control systems. , who will be dedicated to leading the further development of this region. With their historic focus on the Great Lakes region The Great Lakes region can refer to:
The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. by expanding into this dynamic region. "We're very pleased to be in a position to make this type of investment," said Corporate United Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Marc Rosen. "The Mid-Atlantic region is a strategically important area to us, and represents a huge opportunity for Corporate United and our members." About Corporate United Since 1997, Corporate United has been assisting the world's largest and leading companies to realize the power of leverage and indirect spend savings on their bottom lines. Corporate United facilitates an unrivaled network, and provides the services and resource flexibility companies need to manage their enterprise spend requirements. CU provides more than 80 Global 2000 companies across every industry sector with sourcing and contract management solutions. To learn more, please contact Corporate United at 440-895-0938 or visit our Web site at www.corporateunited.com. |
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