Parts Now! Announces Record Year Sales for 2006.MIDDLETON, Wis. -- Parts Now! announced its annual sales for the calendar year ended December 31, 2006. For the seventeenth consecutive year, sales surpassed prior year's results. Total sales were $95.5 million, up from $91 million. The company attributes its growth to its geographic expansion, broader product offering and better alignment of products and services to customers' needs. "2006 has been a record year in the history of Parts Now!," stated Jay Spaanem, 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. , Parts Now! "We executed our growth strategies and we continue our progress toward our long-term plan. We are on track with our planned expansion in the West Coast. We deepened our product portfolio with the addition of computer parts as well as Lexmark 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 supplies. And as part of our global expansion strategy, we acquired the Canadian firm Pieces Express, Inc." Based in Lacolle, Quebec Lacolle is a municipality in southern Quebec, Canada located in the administrative area of the Montérégie. The town is named after the sticky soil found in the area by the first settlers. The name Lacolle translates into English to mean "The glue". , Pieces Express is a leading Canadian distributor of laser printer parts. The acquisition enables Parts Now!, which is already the largest supplier of laser printer parts in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , to expand its products and services within the Canadian marketplace. Pieces Express is now known as Parts Now! Canada. "We're committed to remaining the leading laser printer parts company," said Kevin Guy, Vice President of Sales and Marketing. "As proof, we earned certification to ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 standards this year, making us one of the very few companies in our industry to achieve this certification. And we continue to invest in Parts Now! for the future." Also in 2006, Parts Now! moved into a new, 110,000 square foot office and warehouse facility. Construction of the repair plant will be complete in February, 2007. The new headquarters includes acreage for future expansion as the company continues to grow its products and services to better meet customers' needs. About Parts Now! Parts Now! LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control keeps business printing. With annual sales of $95.5 million in 2006, it is the largest distributor of computer laser printer parts. Parts Now! is proud to be an authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: distributor for Hewlett-Packard, Lexmark and Canon U.S.A. Inc. Visit www.partsnow.com for more information. |
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