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|Grainger Announces Acquisition of SafetyCertified|
CHICAGO, Oct 14, 2010 /PRNewswire via COMTEX/ --
Grainger (NYSE: GWW), North America's leading broad line distributor of facilities maintenance products, today announced it has acquired substantially all of the assets of SafetyCertified, Inc. Terms of the deal were not disclosed.
"As North America's largest distributor of safety products, we are committed to helping businesses and institutions manage and operate safe and healthy workplaces," said Mike Pulick, President of Grainger's U.S. Business. "As our customers are asked to do more with less, they are looking for a provider who can meet both product and service needs. By integrating new service capabilities like SafetyCertified into our U.S. business, we will be able to offer solutions that we expect will help our customers maintain regulatory compliance, reduce accident and injury rates and decrease operating costs."
The SafetyCertified business is a safety and risk-management business that offers an online program to assist organizations in their efforts to comply with Occupational Safety and Health Administration (OSHA) regulations, with program features around OSHA analysis, compliance, training and research. Grainger will offer this fee-based online service to complement its extensive safety product line and focus on comprehensive safety solutions.
W.W. Grainger, Inc. with 2009 sales of $6.2 billion is North America's leading broad line supplier of maintenance, repair and operating products with an expanding presence in Asia and Latin America.
About SafetyCertified, Inc.
As a leader in online safety and risk management, SafetyCertified has helped thousands of organizations with proven solutions that have educated employees, created safer work environments and significantly reduced workers' compensation claims.
This document contains forward-looking statements under the federal securities law. Forward-looking statements relate to the company's expected future financial results and business plans, strategies and objectives and are not historical facts. They are generally identified by qualifiers such as "expect," "will" or similar expressions. There are risks and uncertainties, the outcome of which could cause the company's results to differ materially from what is projected. The forward-looking statements should be read in conjunction with the company's most recent annual report, as well as the company's Form 10-K, Form 10-Q and other reports filed with the Securities & Exchange Commission, containing a discussion of the company's business and various factors that may affect it.
SOURCE W.W. Grainger, Inc.