John Wolz

W�rth Service Supply is marking its 60th anniversary. Founded in 1948 by E.C. Seitz in downtown Indianapolis, Service Supply was acquired from the Seitz family by the K�nzelsau, Germany-based W�rth Group in 1998.

Today W�rth Service Supply has 34 branches in the U.S., Canada and Mexico and 2007 sales were approximately $160 million.

This year W�rth Service Supply will move its Decatur, IL, branch to a larger facility. In 2007 W�rth Service Supply made substantial capital investment in a new operating system and support equipment. In 2005 and 2006, the company added branches to extend coverage across the continent. In 2005 the W�rth brand of MRO products was introduced and sales have doubled each year for three years.

W�rth Service Supply expects 2007 sales and profit to be the second highest in company history and for 2008 forecasts a minimum of 17% sales growth and “an even more substantial growth in profits.”

CEO John Fuerst described the past several years in the fastener industry as “extremely challenging due to the general economy and substantial increases in the cost of our products. That despite these pressures we have maintained our focus and see the future as having many opportunities. As such we are very optimistic about 2008 and beyond.”

W�rth Group has 400 companies in 86 countries and 55,000 employees. The W�rth Group estimated 2007 sales of US$12.5 billion.

W�rth Service Supply is headquartered at 4935 W. 86th St. (P.O. Box 68957) Indianapolis, IN 46268. Tel: 877 999-8784 Fax 317 704-8489 E-mail: wurth@wurthservice.com Web: wurthservice.com �2008 FastenerNews.com