Genuine Parts, the parent company of wholesaler S.P. Richards, has reported its fourth quarter results and record sales and earnings for the year ended December 31, 2011.
 

Tom Gallagher, Chairman and Chief Executive Officer said “S.P. Richards, our Office Products Group, reported a 3% increase in revenues in 2011. We were pleased to show some growth in such a difficult environment for the office products industry."
 

Sales for the group increased 7% to $3.0 billion in the fourth quarter ended December 31, 2011, compared to sales of $2.8 billion for the same period in 2010, however, Office Products Group sales were down slightly for the quarter.