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Lear Corporation Reveres Ten Worldwide Purveyors

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Written by Subhasis Chatterjee   
Thursday, 14 June 2007

Lear Corporation the leading supplier of automotive interior systems and components announced here today of the presentation of Hall of Fame Awards to its ten suppliers based on best-in-class service to Lear, from throughout the length and breadth of the globe.

Lear Corporation as frontrunner of international suppliers of automotive interior systems and components provide complete seating systems, electronic products and electrical distribution systems. From its inception in 1917 in Detroit as American Metal Products and a manufacturer of tubular, welded and stamped assemblies for the automotive and aircraft industries has come a long way and with annual net sales of $17.1 billion it ranks #127 among the Fortune 500 in 2006. Since 1994 when Lear went public Lear has grown to meet the changing needs of the industry with 18 major acquisitions since 1994, when Lear went public.

 

It has been stated in this respect, that the nomination of the winning companies were approved at the company's ninth annual awards program where the representatives of the companies were honored. The honor was meant on the whole for the exceeding of expectations along with professional exhibition of excellence in the requisite areas, especially in the specific sphere of quality, delivery, service and competitiveness while using the Lear Supplier Rating System.

While talking with this correspondent as part of the conference Doug DelGrosso, the President and Chief Operating Officer of Lear Corporation said, "Our top operating priority is delivering world-class quality and customer-service levels." "The quality of the products and services that Lear delivers to its global customers depends in large part on the support of its global supply base. Our success in these critical metrics is made possible by the dedication of the Lear team working in close partnership with suppliers such as the ones we are honoring today," he concluded.

As per the decision of the Company's highest echelon, this year's recipients were nominated from the inventory of over 2,400 companies operating as the global suppliers of the Lear. The Lear Supplier Hall of Fame Award 2006 recipients include AVX Corporation, Central Carolina Products, Inc., Elgin Die Mold Co., Hi-Tech Mold & Engineering, KOA Speer Electronics, Inc., Murata Electronics N.A., Inc., Panasonic Electric Works Corporation, Ryder Systems, Inc., Schukra - A Leggett & Platt Company and  Sofanou.

 
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