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Over 60 years ago, EIS began as a family owned distributor to motor repair shops. Since then, EIS has expanded its three primary market segments to Electrical (OEM)/ Electronic, Specialty Wire & Cable and Fabrication. The financial strength of Genuine Parts Company (GPC) bolstered further growth when they acquired EIS in July, 1998, as a wholly owned subsidiary. In 2004, EIS continued with its expansion plans by developing an innovative answer to every supply chain manager's problems or AIMS (Advanced Inventory Management Solutions) program, and introduced this AIMS program throughout the United States and Mexico. In 2005, EIS acquired Polifibra, Canada, thereby creating the truly North American company it is today.
EIS’s owner, Genuine Parts Company, a respected and long-standing market leader and Business Leader Magazine's "2013 Company of the Year", has paid a dividend to its shareholders every year since going public in 1948, and 2013 is GPC’s 57th consecutive year of increases, with dividends improving to $2.15 per share.
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(Visit Genuine Parts Company on the NYSE at “GPC”)
Genuine Parts Company, founded in 1928, is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials.
The Company serves numerous customers from more than 2,000 operations and has approximately 32,000 employees.