O’Reilly Automotive, Inc. Announces Update on Negotiations Between O’Reilly Auto Enterprises, LLC and Teamsters Local 120...
January 30 2017 - 7:29PM
O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”)
(Nasdaq:ORLY), a leading retailer in the automotive aftermarket
industry, announces an update on negotiations between its
subsidiary O’Reilly Auto Enterprises, LLC and Teamsters Local 120
in Blaine, Minnesota:
We have been actively engaged in renewing the contract with our
22 union drivers at our Brooklyn Park Minnesota Distribution
Center. As we continue to negotiate in good faith, our goal
remains to resolve this matter consistent with
O'Reilly culture values of commitment to our Team Members and
customers, dedication to safety, and a win-win attitude.
There is no sure way to tell if we will be able to reach an
agreement with Teamsters Local 120. However, if an agreement
cannot be reached and the drivers walk out on strike, contingency
plans are in place to ensure our stores serviced by
the Brooklyn Park Distribution Center remain in-stock and
continue to have industry leading availability for hard-to-find
parts. Our professional service provider customers rely on us
to provide quick delivery of a wide array of quality parts to keep
their businesses running smoothly, and our do-it-yourself customers
rely on us for technical advice and a wide array of parts to keep
their vehicles on the road. We will ensure that a potential
strike does not interfere with our ability to provide the best
possible customer service.
O’Reilly Automotive, Inc. was
founded in 1957 by the O’Reilly family and is one of the largest
specialty retailers of automotive aftermarket parts, tools,
supplies, equipment and accessories in the United States, serving
both the do-it-yourself and professional service provider
markets. Visit the Company’s website at
www.oreillyauto.com for additional information about O’Reilly,
including access to online shopping and current promotions, store
locations, hours and services, employment opportunities and other
programs. As of September 30, 2016, the Company operated
4,712 stores in 45 states.
For further information contact:
Investor & Media Contacts
Mark Merz (417) 829-5878
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