$STCC Sterling Consolidated Corporation, Inc.
Post# of 98044
✪ Sterling Seal is a distributor of O-rings. O-rings are one of the simplest, yet most engineered, precise, and useful seal designs. They are one of the most common and important elements of hydraulic and pneumatic machines. O-rings and the other products that Sterling Seal sells are used in a wide variety of industries, including automotive, pump, transmissions, oil and energy, machinery, and packaging. These products are utilized primarily as seals to prevent leakage of liquids or a gas. Sterling offers a catalogue of standard sizes, and will take orders for special sizes not available in the standard catalogue. In order to satisfy the needs of our customers and stay competitive, Sterling Seal always maintains a wide variety of products in substantial quantities at its main warehouse in Neptune, New Jersey, as well as at its other facilities in Florida and Massachusetts.
✪ In 2008 the SCC aggressively invested in the freight forwarding business with the startup of the Company's wholly owned subsidiary, Integrity Cargo, LLC. This relationship allows us to control costs, reduce handling and provide faster deliveries from non-domestic vendors. Integrity Cargo also handles inbound customer direct factory shipments. Entering the freight forwarding market has provided the Company with a competitive advantage as compared with other importing distributors of rubber O-Rings. By having the ability to utilize our own freight company, we are able to consolidate shipments from various sources and ship as frequently as needed which has resulted in improved efficiencies and delivery times.
✪ ADDR Properties, LLC is a real estate holding company. The LLC owns two properties. The first is a 28,000 square foot warehouse facility in Neptune, NJ and is occupied by Sterling Seal to conduct its operations, as well as by other tenants. The second property is an investment property in Cliffwood Beach, NJ. The Company's operations outgrew the facility and four tenants currently occupy 65% of the location.
✪ Q5 Ventures, LLC is the landlord for the Sterling Seal, FL division. The 5,000 square foot facility was designed and built for the Company's operations. It is currently looking for a larger facility.
http://www.sterlingconsolidated.com/