Graybar Achieves #1 Industry Ranking on the 2008 FORTUNE "America's Most Admired Companies" List
2008 marks seventh consecutive year Graybar makes the list
ST. LOUIS, March 26, 2008 - Graybar, a leading distributor of electrical and communications products and related supply chain management and logistics services, has announced it has achieved the #1 ranking on the annual FORTUNE "America's Most Admired Companies" list in the Wholesalers: Diversified industry category.
This is the seventh consecutive year Graybar has earned a place on the list, which is featured in the March 17 issue of FORTUNE, and the second consecutive year it has been named Industry Leader in its industry category.
"We are honored to again receive the #1 ranking among the largest diversified wholesalers," said Robert A. Reynolds Jr., chairman, president and chief executive officer of Graybar. "We use our strengths to our customers' advantage by helping them power and network their facilities with speed, intelligence and efficiency."
To compile the industry rankings, FORTUNE survey partner Hay Group polled executives, directors and analysts about the ten largest companies in their own industry category. The industry experts rated those companies in eight areas, including corporate citizenship and investment value. Only companies with scores ranking in the top half of their industry made the list. More than 300 companies were ranked in 64 industry categories.
About Graybar
Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, telecommunications and networking products, and specializes in related supply chain management and logistics services. Through its network of more than 250 North American distribution facilities, it stocks and sells products from thousands of manufacturers, serving as the vital link to hundreds of thousands of customers.
For more information, visit graybar.com/ or call 1-800-GRAYBAR.
Contact: Dawn Ouchi, 314-573-6287
