Raymond Named Topsource 2009 Partner of the Year


GREENE, N.Y. - The Raymond Corporation has been named 2009 Partner of the Year by TopSource LLC, a division of Topco Associates LLC. TopSource offers not-for-resale strategic sourcing to companies in the retail, wholesale and food industries. Raymond is one of three suppliers to receive the award this year, and one of 250 suppliers that are part of the TopSource preferred supplier list.

TopSource is focused on helping businesses maximize value by working with world-class suppliers that are willing to work collaboratively with their customers. To receive the partnership award, TopSource suppliers must embrace these initiatives and demonstrate strength in a number of categories, including sales growth, customer service and meeting supplier requirements. Raymond's performance in these categories, coupled with its innovation and creativity in embracing the TopSource core values of service and support, helped the company secure the 2009 Partner of the Year award.

"TopSource considers Raymond one of our most strategic supplier partners. Raymond consistently looks for ways to continue to grow our logistics and supply chain programs by offering a variety of material handling solutions to our members," says Greg Magrisi, vice president of sourcing for TopSource. "It was without question that Raymond fit the criteria of our Partner of the Year award. We look forward to a continued partnership in 2010 and beyond."

Jim Hess, national accounts manager for Raymond, and Jason Smith, grocery and retail segment manager for Raymond, accepted the award on behalf of Raymond at TopSource's annual 2010 Summit on Feb. 3, 2010.

For more information on Raymond® lift trucks or to locate a Raymond Sales and Service Center, visit www.raymondcorp.com or call (800) 235-7200.

The Raymond Corporation is a global provider of material handling solutions that improve space utilization and productivity, with lower cost of operation and greater operator acceptance. Raymond offers the iWarehouse® system, an enterprise fleet optimization solution for warehouse and distribution center managers to collect and analyze real-time lift truck data to maximize fleet productivity and reduce costs. High-performance, reliable, ergonomically designed Raymond lift trucks range from a full line of manual and electric pallet trucks and walkie stackers to counterbalanced trucks, Reach-Fork trucks, orderpickers and dual-purpose (pallet handling/case picking) Swing-Reach trucks.

About TopSource LLC

TopSource LLC is a wholly owned subsidiary of Topco Associates LLC, the largest cooperative buying organization in retail food. By applying a structured sourcing process and through spend aggregation, TopSource assists premier grocery, retail and wholesale companies in realizing significant savings in the area of Not-For-Resale (NFR), often called indirect spend. Across eleven NFR categories, TopSource has saved its customers an average of 18.1% on an annual basis in areas such as store equipment, office products/services, packaging, IT/Telecom, construction, logistics & distribution, marketing, health care, utilities and hired services.

For additional information about The Raymond Corporation or to locate a Raymond Sales and Service Center, visit the company Web site at www.raymondcorp.com or call (800) 235-7200.

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