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OWENS & MINOR, INC. ANNOUNCES MAJOR MEDICAL/SURGICAL SUPPLY AGREEMENT

OWENS & MINOR, INC. ANNOUNCES MAJOR MEDICAL/SURGICAL SUPPLY AGREEMENT
 RICHMOND, Va., Nov. 12 /PRNewswire/ -- Owens & Minor, Inc. (NYSE: OMI), the nation's second largest hospital supply distributor, announced today that it has been awarded a Distributor Service Agreement for medical/surgical products with Jackson Memorial Hospital. Jackson Memorial, located in Miami, Fla., is a 1,567 bed teaching institution.
 This agreement is for a five-year period and includes a five-year renewal option. Purchases of medical/surgical products under this agreement are estimated to be in excess of $15 million per year.
 In September of this year, Jackson Memorial awarded Owens & Minor a Distributor Service Agreement for pharmaceutical products. The total value of that award was approximately $20 million per year.
 Owens & Minor and Jackson Memorial have worked closely during the past several years to reduce their overall supply cost and improve their inventory management.
 Owens & Minor, Inc. is a wholesale distributor of medical and surgical supplies, pharmaceuticals and other related products. Through its Vangard Labs subsidiary, the Company also packages generic and brand-name pharmaceuticals. Owens & Minor, Inc. is traded on the New York Stock Exchange under the symbol OMI.
 -0- 11/12/91
 /CONTACT: Glenn J. Dozier, Senior Vice President, Operations and Systems, Chief Financial Officer, 804-965-2945, or Hugh F. Gouldthorpe, Jr., Vice President, Corporate Communications, 804-965-2922, both of Owens & Minor, Inc./
 (OMI) CO: Owens & Minor, Inc.; Jackson Memorial Hospital ST: Virginia, Florida IN: MTC HEA SU: LIC DF -- CH002 -- 3255 11/12/91 07:31 EST
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Publication:PR Newswire
Date:Nov 12, 1991
Words:246
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