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Drives Inc. Joins CoLinx

May 12, 2005
CoLinx, LLC announced that Drives Incorporated, aU.S. chain manufacturer, has joined the Membership of CoLinx for e-business and logistics services.  Drives will initially utilize CoLinx logistics services in Sparks, Nevada and Crossville, Tennessee.  A Drives on-line store is planned for launch in 2005. The store will be part of the industrial on-line mall at PTplace.com, joining other premium brands including Barden, Cooper, Dodge, Fafnir, FAG, INA, Master, MRC, Reliance Electric, Rockwell Automation, SKF, Timken and Torrington.   


 


We are delighted to have a quality company like Drives join the CoLinx Membership. The Drives Incorporated history of product innovation combined with their dedication to growth through Industrial Distributors ...
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CoLinx, LLC announced that Drives Incorporated, aU.S. chain manufacturer, has joined the Membership of CoLinx for e-business and logistics services.  Drives will initially utilize CoLinx logistics services in Sparks, Nevada and Crossville, Tennessee.  A Drives on-line store is planned for launch in 2005. The store will be part of the industrial on-line mall at PTplace.com, joining other premium brands including Barden, Cooper, Dodge, Fafnir, FAG, INA, Master, MRC, Reliance Electric, Rockwell Automation, SKF, Timken and Torrington.   


 


We are delighted to have a quality company like Drives join the CoLinx Membership. The Drives Incorporated history of product innovation combined with their dedication to growth through Industrial Distributors fits perfectly with our existing membership," according to Don Louis, president and CEO of CoLinx, LLC.


 


"CoLinx has proven to Member Manufacturers, Industrial Distributors, and to us at Drives, that their shared services model works.  We believe Membership in CoLinx provides Drives and our customers with a leading edge ecommerce platform and industry-best response times and delivery speed,"" according to Dave Vogel, president of Drives, Incorporated.    


 


CoLinx manages PTplace.com and the PTbroker system-to-system connection, which pass through over 110,000 order lines, 20,000 order status inquiries and 460,000 price and availability checks per month for Member Manufacturers.  CoLinx logistics services process over 250 million pounds of freight annually.  The company currently employs 470 associates managing 950,000 square feet in 6 service centers across North America.  Member services include freight bill audit and payment, assembly, packaging, kitting and labeling, returns processing, transportation management, cross-docking, export, FTZ operations, and consolidation of shipments to common destinations. 


 


Four Manufacturers founded CoLinx, LLC in January 2001 (INA Holding Schaeffler KG, Rockwell Automation, The SKF Group and The Timken Company) to reduce costs associated with logistics and e-commerce excellence. As a shared services operation, all Members benefit from increased efficiency and cost dispersal.  The company expects other Manufacturers to join the Membership in the future.


 

Since 1959, Drives, Incorporated has become a leading Manufacturer of ANSI Precision Roller Chain, Pintle Chain, Agricultural Conveyor Chain, Engineering Class Chain, Oil Field Roller Chain and Auger products. The company's markets include North and South America, Europe, Asia, Africa and Australia.  Today Drives, Inc. employs approximately 400 team members with manufacturing facilities in excess of 370,000 square feet.
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