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INDUSTRIAL DISTRIBUTION
GROUP----CHINA
The
Industrial Distribution Group (IDG) is a United States
based company that is publicly traded on the NASDAQ stock
exchange under the
trading symbol IDGR . The Company was
formed in 1997 to create a leading supplier of cost
effective MROP (Maintenance, Repair, Operating, and
Production) products and services for our Customers.
IDG has been active in the China market since 1988
through a representative office in Beijing and
eventually adding another in Shanghai. As business has
expanded , so has IDG. On January 1, 1999, IDG
officially opened an office and bonded warehouse in the
WaiGaoQiao Free Trade Zone in Shanghai. Now our
operations cover the entire country.
IDG's China operation is established as a Wholly Foreign
Owned Entity. IDG Shanghai currently
employs fifty people in the cities of Shanghai, Hangzhou, Suzhou, Nanchang, Nanjing,
and Guangzhou.
IDG Shanghai has been able to leverage our
reputation and location in Shanghai to attract and
retain some of the most highly educated, talented, and
motivated people in the business to service our
manufacturing customers' diverse needs in general
industry, aviation, and automotive sectors. IDG Shanghai stocks a wide variety of both
imported and locally made products. In addition, IDG
Shanghai also offer a variety of Flexible Procurement
SolutionsTM (FPS
TM) including; System Contracts,
Consigned Inventory Programs, and Integrated Supply.
At IDG Shanghai, we have a broad customer base. Our
customers include US and European wholly foreign owned
companies, US & European Joint Ventures, Chinese
private owned companies, and Chinese state owned
companies. Our customers cover various industry sectors
including Automotive, Aviation, General Industry, and
Chemical Industry sectors. Current customers include such recognized
names as Honeywell, Shanghai Volkswagon, BASF, DuPont,
UTC-Carrier, Caterpillar, General Motors and hundreds of
other US and European multinationals and Fortune 500
companies. IDG currently has 341 (FPS
TM) sites under management.
In order to better serve our customers, IDG (Shanghai)
has mobile outside sales engineers and bi-lingual
(Chinese/English) inside technical support staff that
can source virtually any item that may be required. IDG
can issue either VAT
R.M.B. (Chinese Yuan) or US Dollar invoices depending upon customer requirements.
Our strategic location in the dynamic and rapidly
growing city of Shanghai allows IDG to efficiently and
cost effectively service our customers across China and
the Asia Pacific. IDG Shanghai has recently moved
into Golden
Eagle Tower in Pudong. Our new facilities include meeting rooms, training rooms,
computer servers and telecom
systems, high speed wireless internet and other
capabilities designed to allow us to better meet the
needs of our customers in China and the greater Asia Pacific
region.
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