Corporate Profile

Over 59 years ago, EIS began as a family owned distributor to motor repair shops.  Since then, EIS has expanded its markets to include electrical OEM’s (original equipment manufacturers), fabrication, assembly, and industrial.  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.  Most recently, 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, has paid a dividend to its shareholders every year since going public in 1948, and 2008 was GPC’s 52nd consecutive year of increases, with dividends improving to $1.56 per share.

 

 

(Visit Genuine Parts Company on the NYSE at “GPC”).

Key Segment Data, Financial Information 2004-2008

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.

With another record year behind us, we have now increased sales in 58 of the last 59 years and increased profits in 46 of the last 48 years. ( To Our Shareholders)

The Company serves numerous customers from more than 2,000 operations and has approximately 32,000 employees.