| Description | Sterling Consolidated Corp., through its wholly-owned subsidiary, Sterling Seal and
Supply has been a leading supplier of hydraulic and pneumatic seals to the automotive
and industrial marketplace for more than 50 years. Through a combination of leveraging
its logistical expertise and sophisticated, experienced management, the company intends
to be an active and strategic consolidator of small- and mid-sized businesses within the
highly-fragmented, multi-billion dollar seal industry. In 2017, the Company embarked
on a strategic plan to apply Blockchain technology to the o-ring industry via creation of
"DiMO" a Decentralized International Marketplace for O-rings. Currently serving more
than 3,000 customers, Sterling offers acquisition targets a unique growth opportunity
and competitive advantage through logistical expertise, strong regional branding and
industry-specific distribution centers.
Additional info from OTC:
Sterling Consolidated Corp., through its wholly-owned subsidiary, Sterling Seal and
Supply has been a leading supplier of hydraulic and pneumatic seals to the automotive
and industrial marketplace for more than 50 years. Through a combination of leveraging
its logistical expertise and sophisticated, experienced management, the company intends
to be an active and strategic consolidator of small- and mid-sized businesses within the
highly-fragmented, multi-billion dollar seal industry. In 2017, the Company embarked
on a strategic plan to apply Blockchain technology to the o-ring industry via creation of
"DiMO" a Decentralized International Marketplace for O-rings. Currently serving more
than 3,000 customers, Sterling offers acquisition targets a unique growth opportunity
and competitive advantage through logistical expertise, strong regional branding and
industry-specific distribution centers. |
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