Tencarva Machinery Company Ranks 42nd in Industrial Distribution's Big 50 List |
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Tencarva Machinery Co.
1115 Pleasant Ridge Rd.
Greensboro, NC, 27409
USA
Press release date: October 24, 2010
GREENSBORO, N.C., October 24, 2010 - Tencarva Machinery Company, a Greensboro, N.C., distributor of pumps, fluid handling, compressed air and vacuum systems, and related products, has been ranked 42nd in the Big 50 list of largest industrial distributors in the United States in the fall 2010 issue of the national publication, Industrial Distribution, based on annual revenue in 2009.
Rod Lee, president of Tencarva Machinery Company, explains, "We are pleased to have experienced only a 10% drop in our sales during 2009, and attribute this relative success to our outstanding team of employees. We were able to keep our team intact with no layoffs and to make strategic investments in our business during the downturn. We have enjoyed growth in our market share as a result. Business is now growing again, and we are fully prepared to take advantage of the growth."
The year, 2010, marks the fifth straight year that Tencarva has been ranked in the Big 50 listing. Ed Pearce, secretary/treasurer of Tencarva Machinery Company, points out, "Tencarva is honored to once again be included in the list of the 50 largest industrial distributors in the U.S. While our business declined in 2009, our market share increased. As a result, our 2010 revenues will be close to or exceed our 2008 revenues, which were the highest in the company's 32-year history."
In addition, Tencarva was ranked 59th in the "Grant Thornton North Carolina 100" listing of the largest privately held companies in the state published in the October 2010 issue of Business North Carolina. This ranking is also based on annual revenue in 2009.
Tencarva Machinery Company, headquartered in Greensboro, N. C., is a distributor specializing in pumps, liquid process, compressed air, vacuum equipment and custom-designed systems for the industrial and municipal marketplace. Tencarva is dedicated to providing the highest quality process machinery, coupled with superior customer service and integrity.
Founded in 1978, Tencarva Machinery is committed to providing superior service by supplying innovative engineering assistance, professional equipment selection, competitive deliveries and parts availability, and preventive maintenance and repair services to all its customers. Tencarva has 295 employees at 24 branches in eight states, including Arkansas, Florida, Maryland, Mississippi, North Carolina, South Carolina, Tennessee and Virginia.
For additional details on Tencarva, contact Ed Pearce, secretary/treasurer, at Tencarva Machinery Company, 1115 Pleasant Ridge Road, Greensboro, NC 27409-9753, (336) 665-1435. For further information on Tencarva and its services, please visit the website at http://www.tencarva.com.
CONTACT: Lucinda L. Hall LUCINDA HALL PUBLIC RELATIONS (615) 377-0771 lhprtn@earthlink.net
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