Contact Information: For Further Product Information, Contact: Jeff Paul Director of Marketing VIPAR Heavy Duty 815.893.5965 For Further PR Information, Contact: Gary McCoy Public Relations Director The Marx Group 847.622.7228
VIPAR Heavy Duty Announces Expansion Into Commercial Vehicle Equipment Market
New Entity Will Be Known as VHD Equipment Network
| Source: VIPAR Heavy Duty
CRYSTAL LAKE, IL--(Marketwire - February 27, 2008) - VIPAR Heavy Duty, "North America's Leading
Truck Parts Network," announced today the network's expansion into the
Commercial Vehicle Equipment market. The new entity will be known as VHD
Equipment Network, LLC, a wholly owned subsidiary of VIPAR Heavy Duty. VHD
Equipment Network will focus on the $9 billion North American commercial
vehicle equipment market that represents over 1,700 companies that
distribute, install, buy, sell and repair truck-mounted equipment.
"The synergies that exist between the commercial vehicle parts market and
the commercial vehicle equipment market present many opportunities for
VIPAR Heavy Duty, our existing stockholders, supplier partners, and new
equipment members," said Steve Crowley, president and CEO, VIPAR Heavy
Duty. "These synergies make it practical to deliver our value added
propositions in program management, technology, business services,
marketing, communications, and more to the leading vehicle equipment
distributors."
"VIPAR Heavy Duty remains committed to providing the greatest value
proposition possible to all stakeholders, and looks forward to putting our
20 years of experience to work in the commercial vehicle equipment market,"
said Crowley. "VHD Equipment Network will benefit progressive distributors
and suppliers of commercial vehicle equipment by ensuring they maintain
profitability and a high profile in their given marketplaces."
For more information on VHD Equipment Network, visit www.vhdequipment.com
or email: info@vhdequipment.com.
About VIPAR Heavy Duty
VIPAR Heavy Duty is North America's leading network of independent
aftermarket truck parts distributors. VIPAR Heavy Duty distributors serve
the needs of their customers from over 500 locations across the United
States, Canada and Puerto Rico. VIPAR Heavy Duty distributors are
specialists who understand the demands of their local, regional, and
national customers for quality parts and exceptional service. For more
information, visit www.vipar.com.