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STRATEGIC DISTRIBUTION, INC. ANNOUNCES PURCHASE OF INDUSTRIAL DISTRIBUTION BUSINESS

 STRATEGIC DISTRIBUTION, INC. ANNOUNCES PURCHASE OF
 INDUSTRIAL DISTRIBUTION BUSINESS
 GREENWICH, Conn., Aug. 31 /PRNewswire/ -- Strategic Distribution, Inc. announced that it has acquired substantially all of the operating assets of Lewis Supply, Inc. based in Borger, Texas. The purchase price was not disclosed. Strategic Distribution, through its wholly-owned SafetyMaster Corporation subsidiary, is one of the leading distributors of safety supplies in the western United States.
 Lewis Supply currently distributes a broad line of maintenance, repair and operations supplies as well as safety supplies to industrial, municipal and commercial customers in parts of Texas, Oklahoma, Kansas and New Mexico. Lewis Supply, which was founded 75 years ago, operates out of warehouses in Amarillo, Borger and Pampa, Texas and has grown into one of the leading industrial distributors in the Texas panhandle region.
 Ted R. Rieple, president of Strategic Distribution, stated, "The combination of the operating strengths of SafetyMaster and Lewis Supply will allow us to enhance the range of products and services we offer our customers. We look forward to continuing and expanding the commitment to customer service and satisfaction for which the Lewis organization has been noted over its 75 year operating history." Rieple further indicated that Lewis will remain headquartered in Borger, Texas and that the current Lewis management team will continue to direct the affairs of the company.
 The common stock of Strategic Distribution, Inc. is traded in the over-the-counter market.
 -0- 8/31/92
 /CONTACT: Catherine B. James, chief financial officer of Strategic Distribution, Inc., 203-629-8750/ CO: Strategic Distribution, Inc.; Lewis Supply, Inc. ST: Connecticut IN: SU: TNM


SH-LR -- NY032 -- 4899 08/31/92 10:58 EDT
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Publication:PR Newswire
Date:Aug 31, 1992
Words:269
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