EnerSys® Strengthens Partnership with Industrial Battery & Charger, Inc. through Product Territory Expansion

READING, Pennsylvania, October 19, 2022 – EnerSys® (NYSE:ENS), the global leader in stored energy solutions for industrial applications, has strengthened its Manufacturer Representative Agreement with Industrial Battery & Charger, Inc. (IBCI) by granting exclusive sales and service rights for all EnerSys® motive power products in the Middle Tennessee Territory, with local offices in Nashville. Effective immediately, the exclusivity agreement includes the complete line of EnerSys® NexSys® and IRONCLAD® batteries, as well as IMPAQ™, NexSys®+ and Express® chargers. With corporate headquarters in Charlotte, North Carolina, IBCI is the largest motive and stationary power applications provider in the Southeast. IBCI will deploy its team of elite sales associates and certified service technicians, as well as more than 40 years of knowledge and success in industrial distribution, to grow EnerSys® motive power product distribution and awareness across this important market territory.

“Our expanded partnership with IBCI is a testament to our ongoing 30-plus year business relationship and the growing appeal that our premium motive power solutions offer to customers who are eager to optimize their fleet operations,” said Michael Shea, General Manager, Southern Area at EnerSys. “We look forward to continuing to work closely with our colleagues at IBCI to provide customers in the Southeast region with products and services that can enhance the productivity and performance of their equipment to help deliver a lower Total Cost of Ownership.”

“Like IBCI, EnerSys® is built around the business philosophy that ‘customer service and satisfaction’ come first. Having the good fortune to partner with such a like-minded organization has been an absolute privilege,” said Jason Poston, President of Industrial Battery & Charger, Inc. “We look forward to this next journey in our collaboration as we continue to elevate the customer experience with access to the latest battery and charger products, accessories and services.”

For more information about EnerSys® and its full line of products, systems, and support, visit www.enersys.com.

ABOUT ENERSYS®

EnerSys®, the global leader in stored energy solutions for industrial applications, manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Energy Systems, which combine enclosures, power conversion, power distribution and energy storage, are used in the telecommunication, broadband and utility industries, uninterruptible power supplies, and numerous applications. Motive power batteries and chargers are utilized in electric forklift trucks and other industrial electric powered vehicles requiring stored energy solutions. Specialty batteries are used in aerospace and defense applications, large over-the-road trucks, premium automotive, medical and security systems applications. EnerSys also provides aftermarket and customer support services to its customers in over 100 countries through its sales and manufacturing locations around the world. With the NorthStar acquisition, EnerSys has solidified its position as the market leader for premium Thin Plate Pure Lead batteries which are sold across all three lines of business. More information regarding EnerSys can be found at www.enersys.com.

SUSTAINABILITY

Sustainability at EnerSys® is about more than just the benefits and impacts of our products. Our commitment to sustainability encompasses many important environmental, social and governance issues. Sustainability is a fundamental part of how we manage our own operations. Minimizing our environmental footprint is a priority. Sustainability is our commitment to our employees, our customers and the communities we serve. Our products facilitate positive environmental, social and economic impacts around the world.

To learn more visit: https://www.enersys.com/en/about-us/sustainability/.

Caution Concerning Forward Looking Statements

EnerSys is making this statement in order to satisfy the “Safe Harbor” provision contained in the Private Securities Litigation Reform Act of 1995. Any of the statements contained in this press release that are not statements of historical fact may include forward-looking statements that involve a number of risks and uncertainties. A forward-looking statement predicts, projects, or uses future events as expectations or possibilities. Forward-looking statements may be based on expectations concerning future events and are subject to risks and uncertainties relating to operations and the economic environment, all of which are difficult to predict and many of which are beyond our control. For a discussion of such risks and uncertainties that could cause actual results to differ materially from those matters expressed in or implied by forward-looking statements, please see our risk factors as disclosed in the “Risk Factors” section of our annual report on Form 10-K for the most recently ended fiscal year. The statements in this press release are made as of the date of this press release, even if subsequently made available by EnerSys on its website or otherwise. EnerSys does not undertake any obligation to update or revise these statements to reflect events or circumstances occurring after the date of this press release.

ABOUT INDUSTRIAL BATTERY & CHARGER, INC.

Over the past 45 years, Industrial Battery & Charger, Inc. (IBCI) has grown to the largest independent, family-owned distributor of industrial batteries and chargers in the United States. The founder, Terry K. Earnhardt, has over 50 years of experience in the industry, and still serves as CEO. His sons, Keith and Tim Earnhardt joined the company in 1992. They learned the business from the ground up and currently serve as Co-Chief Operating Officers. With 16 sales and service centers, IBCI is a dominant force in the motive and stationary battery and charger industry in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia. IBCI employs over 150 associates, with over 60 certified service technicians, and daily deploys over 75 mobile service vehicles. IBCI services all brands of motive and stationary power equipment. IBCI is a distributor for Enersys®, Hawker®, SurePower®, BHS®, Battery Watering Technologies®, and Green Energy Concepts, Inc.®.

For more information, contact – Jason Poston, President by phone: (336) 992-9600 or via email: jason@ibcipower.com.

 

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