ST. PAUL, MN (BRAIN)—Park Tool Company has been chosen as Quality Bicycle Products' (QBP) Vendor of the Year for 2010. The award presentation was made during QBP’s Frostbike open house.
Park Tool was selected from among 400 vendors that do business with QBP, according to a press release. “Broadly speaking, we ask ourselves four basic questions when considering a vendor,” said Walt Huemmer, QBP senior buyer. He outlined the selection criteria during Saturday’s presentation:
—What is the quality of this vendor’s partnership with QBP?
—Are they best in class in their product category?
—Do they support QBP’s values and make them their own
—Do they give back to the community?
Huemmer continued: “This year, as reviewed each of our vendor partners, one name came to the top again and again: Park Tool. Over the years, both companies have experienced rapid growth and all the challenges that come with it. Yet the crew at Park Tool have always maintained best business practices that strengthen their business and our own.”
Eric Hawkins, Park Tool’s president, said: “We are extremely proud to be chosen for this award. The fact it comes from a company we respect as much as QBP makes it even more meaningful.”