Eveready Battery Renews Agreement With GATX Logistics
Under the terms of the agreement, GATX Logistics will use 65,000 feet of dedicated warehouse space to provide all labor, supervision, and equipment needed to provide distribution of Eveready's finished products to retailers. Inventory will continue to be managed through GATX Logistics' proprietary warehouse management system.
"We are pleased to continue providing Eveready with quality distribution services," said Joseph A. Nicosia, president and chief executive officer of GATX Logistics, Inc. "By renewing this agreement, it demonstrates our ability to meet and exceed the high standards for performance that this client expects."
Eveready Battery Company Incorporated, based in Westlake, Ohio, is a subsidiary of Ralston Purina International, headquartered in St. Louis, Missouri. Eveready manufactures and markets alkaline cell storage batteries and rechargeable batteries primarily for consumer usage.
GATX Logistics, Inc., one of the leading providers of contract logistics services, helps its broad customer base manufacture, store, process and deliver its products through a wide range of integrated logistics services. GATX Logistics is a subsidiary of Chicago-based GATX Corporation (GMT:NYSE).
GATX Corporation provides more than $6 billion of service-enhanced assets primarily used to help its customers transport, store, or distribute their products and information. GATX's assets include railcars and locomotives, bulk liquid terminals and pipelines, ships, warehouses, commercial aircraft, technology equipment, and other capital assets and related services worldwide. GATX also offers a variety of financial services focusing on owning or managing transportation and distribution assets.