Nash Finch Company (Nasdaq: NAFC), a Minneapolis-based food retailer and distributor, announced today the company has gained an additional $60 million in annual revenues from over 40 suppliers for distribution to military commissaries. The new business is in addition to Nash Finch’s current market leading position as a distributor of grocery items to U.S. military bases located in the Midwest and mid-Atlantic regions of the United States as well as Europe.
The additional business was transferred during May into Nash Finch’s distribution centers in Cincinnati, Ohio and Cedar Rapids, Iowa for shipment to military bases in the central region of the United States.
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“Our new business gains are a vote of confidence in our ability to deliver against our promise of outstanding quality. Our record of customer service in terms of fill rates, on-time deliveries and other key quality metrics speaks for itself,” commented Ron Marshall, CEO and President of Nash Finch. “We are pleased that we’re a market leader in areas such as distribution to the military because of our performance.”
Nash Finch Company is a Fortune 500 company and one of the leading food retail and distribution companies in the United States with over $4 billion in annual revenues. The company owns and operates a base of 97 retail stores in the Upper Midwest, principally supermarkets under the Econofoods, Sun Mart and Family Thrift Center trade names. Independent retailers and military commissaries in approximately 30 states and Europe are key customers of Nash Finch’s food distribution business. Further information is available on the company’s website at http://www.nashfinch.com
