HR XCEL Announces New Client Relationship with LORD Corporation

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Outsourcing leader will provide benefits and payroll administration to manufacturing giant.

We are thrilled to work with such an innovative company as LORD

HR XCEL, LLC, an experienced provider of Human Resource Outsourcing, Benefits Administration and Payroll Solutions, announced today that it has signed a client contract with LORD Corporation, a North Carolina-based manufacturing company with more than 2,400 employees in eight countries and offices in over 15 major business centers. HR XCEL will provide Benefits Administration, Payroll Administration and HRIS support for LORD Corporation’s employees.

LORD designs, manufactures and markets devices and systems to manage mechanical motion and control noise and vibration, produces and sells general purpose and specialty adhesives and coatings, and develops products and systems utilizing magnetically responsive technologies.

“We are thrilled to work with such an innovative company as LORD,” said Barbara Sheridan, president and co-founder, HR XCEL. “They are on the cutting edge of their industry and by embracing the growing trend of Human Resource Outsourcing, they are positioning themselves to continue to be a leader in their field.”

“We recognize the financial, as well as strategic advantage, of partnering with HR XCEL,” said Mark Boris, Director of Human Resources, LORD Corporation. “Over the life of our contract we will see a positive internal rate of return, while gaining a high-level of HR support. It’s a win-win decision for LORD.”

About LORD Corporation

LORD Corporation, with headquarters in Cary, NC, is a privately held company that designs, manufactures and markets devices and systems to manage mechanical motion and control noise and vibration; formulates, produces and sells general purpose and specialty adhesives and coatings; and develops products and systems utilizing magnetically responsive technologies. With manufacturing in eight countries and offices in more than 15 major business centers, LORD Corporation employs more than 2,400 worldwide. Visit http://www.lord.com for more information.

About HR XCEL, LLC.

HR XCEL provides comprehensive Human Resource Outsourcing, Benefits Administration and Payroll Solutions for a wide range of clients and their employees in all 50 states, Canada, Mexico and Puerto Rico. HR XCEL positions clients to focus on their core business lines and activities that generate revenue and profit. Founded by veteran HR professionals, the company is uniquely able to offer clients a high-level of service and HR expertise. For more information, visit http://www.hrxcel.com.

Contact:

Jeffrey Mortland, Vice President

HR XCEL, LLC

704-357-6008

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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Carissa S. Roman
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