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<br />:::; II< 1 LK 1:.:>\ I:. l: <br /> <br />TEL No.215-949-4779 <br /> <br />Jul 31,91 15:27 No.008 P.02 <br /> <br />'''tl. ., " <br /> <br /> <br />.~. <br /> <br />STRICK TRAILERS I 225l1NCOLH HW'r'. I P.O. BOX9 I FAIRLESS HILLS, PA 19C'J30.0009 <br />PHONE: 1215) 949·3600 I lWX: 510·6&7-O1~ STAICK FSHS I TELEX: 8.(·)412STRICK FSHS I CABLE: STFlIC ( <br />f~t21$)949.4712.73.14 <br /> <br />\ <br />\ <br /> <br />February 22, 1989 <br /> <br />"' <br /> <br />CORPORATE PROFILE <br /> <br />The Strick Companies were founded in 1937 by Frank Strick. an immigrant ~bo <br />founded a business which involved the selling of used. $olid rubber tires. He <br />>,',so developed an innovation in trucks, adding thb:d axles to them, before the <br />~uvent of truck trailers. Eventually, the co~pany started building tbe steel <br />cnas$is on which the first generation of fram~ trailers were built. One of the <br />¡nest innovative ideas ever introduced and lIIanufactm:ed by Strick was the alumlnwn <br />trailer. Not only were these trailers revolutlona~y because or clie mate~ials <br />they were built from. they were also constructed in an entirely different way. <br />The new method utilized ~onocoque, or frameless construction. This is now the <br />industry ~tanda:d. <br /> <br />Growth and prosperity o!_~~~companie~ has continued under the ~rdent guidance <br />of the current Chairmanr~'Katz. Th~ough the years Strick has transformed from <br />a small manufacturing firm. into a" full service transportation organization. In <br />the past t:he organization has been a vital element in the ðeve1opl1lent of <br />radically new, technologically innovative and important concepts in transporta- <br />tion such as aluminUU1 trailers. monoéoque construction, foam insulation, <br />fibergl~$$ sides. the Flexivan system, piggyback. çontainerization an~ roll-on <br />roll-off shipping. Today. this S'aroe spirit exists u we pIoneer new areas. ~$ing <br />cpmputer aided design and tnventory control, such as pultruded fiberglass posts <br />for refrigerated trailers. one piece Armorplate trailers and carless technology <br />for road/rail vehicle$. <br />. , <br /> <br />- ' <br /> <br />The businesses: which form the Strick coĊ“panies:. held by Distribution Internation- <br />al. consist of several major, wholly o~èd subsidiaries: <br /> <br />Strick Corp9ration. This is the manufacturing. entity. It currently <br />ope; ~s 6 ~anufacturing/fabricating facilities in the United <br />Sta Strick Corporation's products have included dry van <br />traiÁ ~S. refrigerated trailers. flatbed trailer$. intermodal <br />containers, and chassis for their transport. <br /> <br />Strick Lealie. Probably tba single largest contribution wbich Strick <br />has ~ade to the tran$portatlon community has been its development <br />of vehicle leasing. OVer the past 25 years Strick has started the <br />first trailer rental company (Trailer Center. now part of AJF· <br />Rentco), the largest trailer rental company (Transport Pool, nQW <br />part of GE) and the first container leasing company (ICS, now part <br />of Transamerica~Interway). Today. we ovn and operate the fastest <br />growing, most ~odern trailer leasing co.pany in the ~orld, Strick <br />Lease. <br /> <br />D~VEt.-OPERS ANO MANUFAI:;TURIERS OF THE !'lHES1' TRAN$I'ORTATIOH EQUIJÞMDoIT <br />