LIFETIME NAMED WAL-MART SUPPLIER OF THE YEAR

April 26, 2002

CLEARFIELD, UTAH – Lifetime Products, the world’s leading manufacturer of residential basketball equipment, has been named the Wal-Mart 2001 Supplier of the Year for the Sporting Goods category.

Supplier of the Year recipients are chosen for outstanding quality and value of product, shipping on time achievements, and challenging industry standards. Lifetime was selected from nearly 800 suppliers who provide product to the Sporting Goods department at Wal-Mart.  

“This is an outstanding accomplishment for Lifetime,” said Lifetime Sporting Goods Vice President Richard Hendrickson.  “We pride ourselves on our manufacturing process, quality of product, and commitment to the retail stores and their customers.  To be recognized for our efforts by Wal-Mart, the world’s largest retailer, is a wonderful confirmation of our success.”

According to Hendrickson, Lifetime’s vertical integration contributes significantly to the quality and value of its products.  “Lifetime produces its own metal and plastic components in its 1.3 million square-foot manufacturing facility in Clearfield, Utah.  Being vertically integrated allows us to have tight control over quality and price since we produce almost all of our parts in-house.  Ultimately, consumers reap the benefits by purchasing a superior product at an exceptional value,” concluded Hendrickson.

Established in 1986, Lifetime Products is a privately held company headquartered in Clearfield, Utah.  Lifetime Products manufactures state-of-the-art basketball equipment, as well as high-impact polyethylene folding tables, chairs and picnic tables.

For more information about the Lifetime, contact Communications Manager Katie Salter at (801) 728-1599, or send an email to Katie.

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