Neptune, NJ -- (ReleaseWire) -- 06/21/2017 -- Sterling Seal & Supply, Inc., a subsidiary of Sterling Consolidated Corp. (OTCMKTS:STCC), is now a Business, Industrial and Scientific Supply Partner with Amazon. This BISS Division of Amazon will enable Sterling Seal & Supply, Inc. the opportunity to have its name seen on 65,000 items worldwide through Amazon.
Since June 1, 2017 the company has been shipping products every day. Our staff has been shipping to retail as well as to Amazon's warehouse locations. This partnership gives Sterling Seal & Supply, Inc. the potential to be a leader in supplying parts to the retail market to go along with the company's industrial market.
Since going public Sterling Consolidated has incurred 4 years in losses. The company has written down the bad debts, reduced the line of credits and has cut the operating costs drastically. This has resulted in turning the company around to profitability. The first quarter this year the company showed a net profit of over $80,000 and so far this year is looking very profitable even in the second quarter. The company sales are up, shipments are up and cash flow has improved where there is no longer a credit problem with any of the company suppliers.
The company is looking forward to a substantial upturn for the third and fourth quarters.
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