50% First Half Sales Increase Marks VARIOLINE USA 20th Anniversary Year
Ocean, USA, 07/14/2006
VARIOLINE USA celebrating its 20th anniversary this summer is up to the targets for first half 2006 in gross margin and profit performance on a 50% increase in first half sales over 2005.
“This performance result by our New Jersey staff gives an even more important reason for celebration than reaching our 20th year in Cross-border MRO Supply of North American machines, equipment and spare parts“ said Varioline COO Peter Knakowski.
“There has been a complete revamping in 2005 to adjust to our customers’ requirements for providing performance driven procurement service for Maintenance, Repair and Operation Supply for their large industrial plants in the Middle East, China, Brazil and Mexico” he said.
“Now we have the foundation in place to adapt to the milestones of parent company V-LINE EUROPE and expand our service offering” said CEO of both companies Detlev Daues during a 1-day workshop on the Key Success Factors of the V-LINE Group business model. Celebration of VARIOLINE USA’s 20th Anniversary happened with a waterfront dinner at the Ocean Place Hotel and Resort - and with a promise by Mr. Daues that anniversary No. 25 will be celebrated with the V-LINE Group annual global sales summit being held in New Jersey.
About VARIOLINE USA
The V-LINE Group of Companies, headquartered in Sehnde, near Hanover, Germany, was founded in 1979 to provide capital intensive industrial plants worldwide with a service aimed at reducing thire total procurement cost of cross border (foreign-made) spare parts. The 100% subsidiary Varioline Spare Parts Services Inc and a partner Rissin Japan were founded in l986 to add North American and Japanese parts sourcing and export warehousing to complement the main operation and administrative hub in Germany and better serve a global customer base of large organizations on all continents. For further information, visit the corporate website at www.v-line.com or, contact by phone: country code + 1732.493.1400 tel, + 1732.493.9322 fax or by e-mail: peterk@usa.varioline.com.
