Napa Auto Parts 2005 Annual Report Download - page 10

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8
Industrial Parts Group
The Company operates more than 460 locations, including
417 branches, 9 distribution centers and 37 service centers
throughout the U.S. and Canada. Through this extensive
operating network, our customers have access to nearly 2.5
million quality parts, sourced from a global manufacturing
base. Our network also enables us to provide a variety of
specialized services and “Deliver the Difference” that distin-
guishes Motion from the competition.
Motion’sofferings feature 24/7/365 product delivery and
service from our distribution facilities. We provide customers
with expert repair and fabrication services as well as inventory
management and logistics solutions. In addition, our highly
trained staff of sales representatives and field product spe-
cialists provide customers with on-site technical assistance,
parts and service solutions and cost savings consultation,
among other services.
2005 PERFORMANCE
Motion Industries had another excellent year in 2005. For
the second year in a row, sales increased by 11% to $2.8
billion. Customer demand grew across nearly all industry
segments, reflecting continued strength in the vast MRO
industrial markets we serve. At Motion, we experienced
continued success with our initiatives to grow our product
category sales and explore new MRO opportunities. Our
Operational Excellence initiative to enhance operations and
reduce costs also contributed to our improved operating
performance for the year.
GROWTH INITIATIVES
With continued emphasis on sales growth, new MRO
opportunities and Operational Excellence, we have laid
the foundation for further growth at Motion Industries.
MOTION INDUSTRIES IS A LEADING NORTH AMERICAN INDUSTRIAL DISTRIBUTOR
OF BEARINGS; MECHANICAL, INDUSTRIAL AUTOMATION, ELECTRICAL, PNEUMATIC
AND HYDRAULIC REPLACEMENT PARTS; HOSE AND RUBBER PRODUCTS; AND
INDUSTRIAL SUPPLYPRODUCTS. WE OFFER A COMPREHENSIVE PRODUCT SELEC-
TION AND SPECIALIZED SERVICES TO OVER 150,000 CUSTOMERS IN VIRTUALLY
ALL INDUSTRY SEGMENTS, INCLUDING THE AUTOMOTIVE, CHEMICAL, FOOD AND
BEVERAGE, WOOD AND LUMBER, IRON AND STEEL, PULP AND PAPER, MINING
AND AGGREGATE AND PHARMACEUTICAL INDUSTRIES.
2001
2.23
2002
2.25
2003
2.25
2004
2.51
2005
2.80
Industrial Parts Group Net Sales
in billions of dollars