Lear Honored by GM as a 2007 Supplier of the Year
SOUTHFIELD, Mich., April 28 /PRNewswire-FirstCall/ -- Lear Corporation (NYSE:
LEA), received the General Motors 2007 Supplier of the Year award for
its significant contributions to GM's global product and performance
achievements. The 16th annual award -- themed the "Best of the Best" --
was presented to Lear during ceremonies Saturday, April 26 at the
Sawgrass Marriott Hotel in Jacksonville, Fla.
"GM is proud to honor Lear Corporation as a GM Supplier of the Year
winner, " said Bo Andersson, GM group vice president, Global Purchasing
and Supply Chain. "This award is our way of telling the winners that we
appreciate all of their efforts in working together with GM to
manufacture world-class vehicles."
"Lear is among the best of the best," he continued. "They understand
that our mutual success can only be achieved by sharing common goals
"This award from General Motors is especially meaningful because of
the sheer size of its global supply base and the performance criteria
set forth in qualifying as a GM Supplier of the Year," said Bob
Rossiter, Lear's Chairman, CEO and President. "I want to congratulate
the entire Lear team for being instrumental in making this Lear's fourth
consecutive year as a recipient of this award and the sixth time Lear
has been honored in the new millennium."
The GM Supplier of the Year award began as a global program in 1992.
Winners are selected by a global team of executives from purchasing,
engineering, manufacturing and logistics who base their decisions on
supplier performance in quality, service, technology and price. This
year, General Motors honored 97 suppliers for their outstanding
performance throughout 2007.
Lear Corporation is one of the world's largest suppliers of
automotive seating systems, electrical distribution systems and related
electronic products. The Company's world-class products are designed,
engineered and manufactured by a diverse team of 91,000 employees at 215
facilities in 35 countries. Lear's headquarters are in Southfield,
Michigan, and Lear is traded on the New York Stock Exchange under the
symbol [LEA]. Further information about Lear is available on the
Internet at http://www.lear.com/.
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SOURCE: Lear Corporation
CONTACT: Investor Relations, Mel Stephens, +1-248-447-1624, Media,
Puchalsky, +1-248-447-1651, both of Lear Corporation
Web site: http://www.lear.com/
Company News On-Call: http://www.prnewswire.com/comp/518304.html
Posted on 4/28/2008