Sterling Cons (STCC) 0.0450 $STCC
Industrial Supplier Implements Scalable IT Infrastructure as Part of Aggressive Acquisition Strategy
ACCESSWIRE - Tue Aug 05, 8:51AM CDT
WHITEFISH, MT / August 5, 2014 / Sterling Consolidated Corp. (OTCQB: STCC), as its name would suggest, employs a growth strategy primarily focused on acquiring other businesses. With proper management, this approach can be quicker, cheaper and far less risky than expanding sales efforts to steal market share, while also offering instant economies of scale and easier financing.
Company Switches to a Cloud Based ERP System to Improve Lead Time and Better Customer Satisfaction
GlobeNewswire - Mon Aug 04, 1:54PM CDT
Sterling Consolidated Corp. (OTCBB:STCC) (The Company), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced it has signed an agreement with Netsuite for a cloud based ERP system. The software provides a complete enterprise solution.
Industrial Supplier Potentially Undervalued Given Growth
ACCESSWIRE - Wed Jul 23, 9:32AM CDT
WHITEFISH, MT / July 23, 2014 / Sterling Consolidated Corp. (OTC: STCC) has been supplying hydraulic and pneumatic seals to the automotive and industrial marketplace for the past 40 years. Leveraging its logistical expertise and experienced management team, the company intends to consolidate small- and medium-sized businesses within the highly fragmented, multi-billion dollar industry to unlock value for shareholders. The biggest player in the industry is Parker Hannifin Corp. (NYSE: PH), but there is plenty of room left for regional growth.
US Industrial Suppliers Use Local Approach to Fuel Growth
ACCESSWIRE - Tue Jun 17, 8:40AM CDT
WHITEFISH, MT / June 17, 2014 / With manufacturing data steadily on the up-tick and US industrial orders across the board showing signs of a long-term, sustainable recovery from the first decade of this century, there is meaningful optimism among companies occupying the industrial supply sector in the US and abroad. This optimism is being fueled by supply chain players of all sizes and capacities who are executing on proven growth strategies designed to leverage demand that continues to move in their direction. Well-defined and executable business plans combined with intimate, regional understanding of customer needs are vital tools for any measure of success going forward. Here we discuss three examples of public companies currently executing such strategies.
Sterling Consolidated Announces Letter of Intent to Acquire Specialized Industrial Distributor
GlobeNewswire - Mon Jan 13, 3:13PM CST
Sterling Consolidated Corp. (OTCBB:STCC) (the "Company"
, a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced that it has entered into a letter of intent with R G Sales, Inc., a Pennsylvania based parts distributor that currently serves many industries, specifically the local underground mining and hydro-fracking market.
Sterling Consolidated Corporation reports 5% rise in 2013 customer base
M2 - Mon Jan 13, 10:26AM CST
Hydraulic seals company Sterling Consolidated Corp (OTC BB:STCC) stated on Friday that its customer base rose 5% during the full year of 2013.
Sterling Consolidated Corporation Increases Customer Base in 2013
GlobeNewswire - Fri Jan 10, 3:30PM CST
Sterling Consolidated Corp. (OTCBB:STCC), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced that following its acquisition and ongoing growth, the Company's customer base increased 5% during the full year of 2013.
Sterling Consolidated Acquires Superior Seals and Service
GlobeNewswire - Fri Sep 20, 3:41PM CDT
Sterling Consolidated Corp. (OTCBB:STCC) (the "Company" , a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced the acquisition of Superior Seals and Service in High Point, NC. This is the Company's first acquisition as it commences its accretive roll-up strategy.
Sterling Consolidated Announces Selection Criteria for Acquisition Targets
GlobeNewswire - Mon Sep 16, 8:00AM CDT
Sterling Consolidated Corp. (OTCBB:STCC) (the "Company" , a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced the strategic direction and specific selection criteria for targeted companies by Sterling's Acquisition Committee. All acquisition targets will need to meet stringent requirements in terms of business model, earnings and geographic location.
Sterling Consolidated Announces Second Quarter 2013 Results
PR Newswire - Thu Aug 15, 11:20AM CDT
Sterling Consolidated Corp. (OTCBB: STCC), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today reported its results for the second quarter ended June 30, 2013.
Sterling Consolidated Announces Sale of Non-Strategic Cliffwood Beach, NJ Property
PR Newswire - Thu May 23, 1:30PM CDT
Sterling Consolidated Corp. (OTCBB: STCC) (the "Company" , a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced that on April 29, 2013, its wholly owned subsidiary, ADDR Properties, entered into an agreement with Old Bridge Realty Partner, LLC (the "Purchaser" to sell its property in Cliffwood Beach, NJ. The purchase price of the property was $650,000 plus closing costs.
Sterling Consolidated Announces First Quarter 2013 Results
PR Newswire - Wed May 15, 4:16PM CDT
Sterling Consolidated Corp. (OTCBB: STCC), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today reported its results for the first quarter ended March 31, 2013.
Sterling Consolidated Common Shares Commence Trading
PR Newswire - Mon Apr 29, 3:15PM CDT
Sterling Consolidated Corp. (OTCBB: STCC), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, is pleased to announce shares of its common stock have commenced trading on the Over-The-Counter Bulletin Board market under the ticker symbol STCC.
Industrial Supplier Implements Scalable IT Infrastructure as Part of Aggressive Acquisition Strategy
ACCESSWIRE - Tue Aug 05, 8:51AM CDT
WHITEFISH, MT / August 5, 2014 / Sterling Consolidated Corp. (OTCQB: STCC), as its name would suggest, employs a growth strategy primarily focused on acquiring other businesses. With proper management, this approach can be quicker, cheaper and far less risky than expanding sales efforts to steal market share, while also offering instant economies of scale and easier financing.
Company Switches to a Cloud Based ERP System to Improve Lead Time and Better Customer Satisfaction
GlobeNewswire - Mon Aug 04, 1:54PM CDT
Sterling Consolidated Corp. (OTCBB:STCC) (The Company), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced it has signed an agreement with Netsuite for a cloud based ERP system. The software provides a complete enterprise solution.
Industrial Supplier Potentially Undervalued Given Growth
ACCESSWIRE - Wed Jul 23, 9:32AM CDT
WHITEFISH, MT / July 23, 2014 / Sterling Consolidated Corp. (OTC: STCC) has been supplying hydraulic and pneumatic seals to the automotive and industrial marketplace for the past 40 years. Leveraging its logistical expertise and experienced management team, the company intends to consolidate small- and medium-sized businesses within the highly fragmented, multi-billion dollar industry to unlock value for shareholders. The biggest player in the industry is Parker Hannifin Corp. (NYSE: PH), but there is plenty of room left for regional growth.
US Industrial Suppliers Use Local Approach to Fuel Growth
ACCESSWIRE - Tue Jun 17, 8:40AM CDT
WHITEFISH, MT / June 17, 2014 / With manufacturing data steadily on the up-tick and US industrial orders across the board showing signs of a long-term, sustainable recovery from the first decade of this century, there is meaningful optimism among companies occupying the industrial supply sector in the US and abroad. This optimism is being fueled by supply chain players of all sizes and capacities who are executing on proven growth strategies designed to leverage demand that continues to move in their direction. Well-defined and executable business plans combined with intimate, regional understanding of customer needs are vital tools for any measure of success going forward. Here we discuss three examples of public companies currently executing such strategies.
Sterling Consolidated Announces Letter of Intent to Acquire Specialized Industrial Distributor
GlobeNewswire - Mon Jan 13, 3:13PM CST
Sterling Consolidated Corp. (OTCBB:STCC) (the "Company"
, a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced that it has entered into a letter of intent with R G Sales, Inc., a Pennsylvania based parts distributor that currently serves many industries, specifically the local underground mining and hydro-fracking market. Sterling Consolidated Corporation reports 5% rise in 2013 customer base
M2 - Mon Jan 13, 10:26AM CST
Hydraulic seals company Sterling Consolidated Corp (OTC BB:STCC) stated on Friday that its customer base rose 5% during the full year of 2013.
Sterling Consolidated Corporation Increases Customer Base in 2013
GlobeNewswire - Fri Jan 10, 3:30PM CST
Sterling Consolidated Corp. (OTCBB:STCC), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced that following its acquisition and ongoing growth, the Company's customer base increased 5% during the full year of 2013.
Sterling Consolidated Acquires Superior Seals and Service
GlobeNewswire - Fri Sep 20, 3:41PM CDT
Sterling Consolidated Corp. (OTCBB:STCC) (the "Company"
, a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced the acquisition of Superior Seals and Service in High Point, NC. This is the Company's first acquisition as it commences its accretive roll-up strategy. Sterling Consolidated Announces Selection Criteria for Acquisition Targets
GlobeNewswire - Mon Sep 16, 8:00AM CDT
Sterling Consolidated Corp. (OTCBB:STCC) (the "Company"
, a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced the strategic direction and specific selection criteria for targeted companies by Sterling's Acquisition Committee. All acquisition targets will need to meet stringent requirements in terms of business model, earnings and geographic location. Sterling Consolidated Announces Second Quarter 2013 Results
PR Newswire - Thu Aug 15, 11:20AM CDT
Sterling Consolidated Corp. (OTCBB: STCC), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today reported its results for the second quarter ended June 30, 2013.
Sterling Consolidated Announces Sale of Non-Strategic Cliffwood Beach, NJ Property
PR Newswire - Thu May 23, 1:30PM CDT
Sterling Consolidated Corp. (OTCBB: STCC) (the "Company"
, a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today announced that on April 29, 2013, its wholly owned subsidiary, ADDR Properties, entered into an agreement with Old Bridge Realty Partner, LLC (the "Purchaser" to sell its property in Cliffwood Beach, NJ. The purchase price of the property was $650,000 plus closing costs. Sterling Consolidated Announces First Quarter 2013 Results
PR Newswire - Wed May 15, 4:16PM CDT
Sterling Consolidated Corp. (OTCBB: STCC), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, today reported its results for the first quarter ended March 31, 2013.
Sterling Consolidated Common Shares Commence Trading
PR Newswire - Mon Apr 29, 3:15PM CDT
Sterling Consolidated Corp. (OTCBB: STCC), a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, is pleased to announce shares of its common stock have commenced trading on the Over-The-Counter Bulletin Board market under the ticker symbol STCC.
