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SYY Sysco Corp

74.62
-1.19 (-1.57%)
After Hours
Last Updated: 21:00:16
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sysco Corp NYSE:SYY NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.19 -1.57% 74.62 76.28 74.45 75.51 2,943,392 21:00:16

Sysco Begins Process of Incorporating Fully-Electric Semi Tractors Into Fleet

08/12/2017 1:00pm

GlobeNewswire Inc.


Sysco (NYSE:SYY)
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Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, announced yesterday at its Investor Day in New York, that the Company has placed a reservation for 50 of Tesla’s new fully-electric Semi tractors.

“We are excited to begin the process of incorporating alternative-fuel trucks into our fleet,” said Tom Bené, Sysco’s president and chief operating officer. “This reinforces Sysco’s commitment to Corporate Social Responsibility by reducing the environmental impact of our operations. In addition to the positive environmental impacts, we will also benefit from reduced fuel and maintenance costs and drive associate enthusiasm with the introduction of new and unique technology.”

Tesla’s Semi tractor will have up to 500 miles of range on a single charge, deliver a far better experience for drivers and significantly reduce the cost of cargo transport. Tesla will begin production in 2019.

About Sysco

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With over 65,000 associates, the company operates approximately 300 distribution facilities worldwide and serves more than 500,000 customer locations. For fiscal 2017 that ended July 1, 2017, the company generated sales of more than $55 billion.

For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporation or Twitter at https://twitter.com/Sysco.  For important news and information regarding Sysco, visit the Investor Relations section of the company's Internet home page at www.investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.  Investors should also follow us at www.twitter.com/SyscoStock and download the Sysco IR App, available on the iTunes App Store and the Google Play Market. In addition, investors should continue to review our news releases and filings with the SEC.  It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.

For more information contact:

Neil Russell Investor Contact T 281-584-1308

Camilla Zuckero Media Contact T 281-899-1839 Zuckero.camilla@corp.sysco.com 

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