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OWENS & MINOR ANNOUNCES MAJOR SUPPLY AGREEMENT

 RICHMOND, Va., July 22 /PRNewswire/ -- Owens & Minor, Inc. (NYSE: OMI), the nation's second largest hospital supply distributor, announced today that it has been chosen by Purchase Connection to service the medical/surgical supply and distribution needs of its member hospitals. The agreement, which begins Aug. 1, 1993, is for a three year period. Anticipated sales are $50 million annually, based on past buying patterns and market potential.
 Purchase Connection, one of the largest and most comprehensive group purchasing programs in the country, was established in 1976 to provide large-scale purchasing power to its members. The Purchase Connection program is currently utilized by more than 1,500 health-care providers in 50 U.S. states and parts of Canada. Purchasing programs are offered in several areas including capital equipment, medical/surgical, laboratory, pharmaceutical and dietary products. Through its group buying power, Purchase Connection helps health-care facilities become more cost-effective, competitive and profitable. It is committed to improving the overall quality of material management services for each of its participating members.
 Owens & Minor is a wholesale distributor of medical and surgical supplies, pharmaceuticals and other related products to hospitals and medical care facilities. The company presently has 33 distribution centers serving 40 states and the District of Columbia. It plans to open a new distribution center in Boston in August of this year.
 -0- 7/22/93
 /CONTACT: Craig R. Smith, senior vice president, distribution, 804-965-2993; Glenn J. Dozier, senior vice president, finance and information systems, chief financial officer, 804-965-2945; or Hugh F. Gouldthorpe Jr., vice president, corporate communications, 804-965-2922, all of Owens & Minor/
 (OMI)


CO: Owens & Minor, Inc.; Purchase Connection ST: Virginia IN: MTC SU: FNC

IH-KD -- DC030 -- 4785 07/22/93 16:50 EDT
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Publication:PR Newswire
Date:Jul 22, 1993
Words:283
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