Palm Beach, FL 12/8/11 (StreetBeat) -- Zep Inc. (NYSE:ZEP), a leading producer and marketer of a wide range of cleaning and maintenance solutions, today announced that its subsidiary, Amrep, Inc., has received the Gold Supplier Excellence Award from Subaru of America, Inc. “in recognition of outstanding achievement in all areas of supplier performance.” This is the second consecutive year that Subaru has honored Amrep with this award.Amrep, acquired by Zep in January 2010, is a specialty chemical formulator and packager focusing on professional grade chemical products for the automotive, fleet maintenance, motorcycle, jan/san institutional and industrial/MRO markets. Amrep manufactures and distributes more than 30 functional fluids and maintenance chemical products to over 600 Subaru dealerships for use in their service centers across the United States.
One of the highest honors presented by Subaru of America, Inc., the Gold Award is based on measures of overall supplier performance including accounting, marketing, sourcing and supply. This award represents Amrep’s supplier performance for Subaru's 2010 fiscal year ending April 30, 2011 with presentation delayed in deference to the earthquake/tsunami events in Japan earlier this year.
“Amrep is honored to be recognized again this year with this prestigious award,” said Joe Seladi, Group President of Amrep, Inc. “Subaru continues to demonstrate exceptional performance through one of the most trying economic periods in the history of the automotive industry, and we at Amrep are proud to play even a small role in contributing to that success.”
“I’d like to thank every Amrep associate for the diligent efforts they make every day that enable us to deliver the high level of excellence this award signifies,” continued Seladi. “Without the consistent dedication of our associates in serving the needs of Subaru, this award would not have been possible.”
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