Lear Corporation Honors Ten Global Suppliers in Ninth Annual Hall of Fame Awards Program
SOUTHFIELD, Mich., June 12 /PRNewswire-FirstCall/ -- Lear Corporation (NYSE:
LEA) today announced the presentation of Hall of Fame Awards to ten
global suppliers based on best-in-class service to Lear.
The winning companies were acknowledged at the company's ninth annual
awards program where they were honored for exceeding expectations and
demonstrating excellence in the areas of quality, delivery, service and
competitiveness using the Lear Supplier Rating System.
"Our top operating priority is delivering world-class quality and
customer-service levels," said Doug DelGrosso, Lear President and Chief
Operating Officer. "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."
This year's recipients were chosen from over 2,400 companies that
supply Lear globally. The Lear Supplier Hall of Fame Award 2006
-- 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
AVX Corporation, a Kyocera Group Company, is a global leader in the
passive electronic component industry. Headquartered in Myrtle Beach,
South Carolina, AVX offers a broad range of devices including
capacitors, resistors, filters, timing and circuit protection devices
AVX's global manufacturing and distribution network, continued
commitment to R&D, and exceptional quality and customer support has
made them a valued supplier to Lear. AVX is engaged with Advanced
Engineering in the design of new products, including opportunities to
take advantage of niobium oxide capacitors which offer great advantages
to Lear over traditional capacitors.
Central Carolina Products, Inc.
Central Carolina Products ("CCP") is a minority owned
injection-molder located in Burlington, North Carolina. CCP is
primarily an automotive supplier, producing a variety of components for
both seating and interior applications. In addition to its wide ranging
molding capability, CCP is capable of specialized processes including
light assembly, painting, insert molding, and pad printing.
CCP is dedicated to serving its customers through continued focus on
superior quality performance and low cost manufacturing. CCP currently
supplies 31 Lear/IAC facilities and in 2006, did so with an overall RPPM
of 7. CCP also understands the importance of establishing and
maintaining customer relationships, which has been critical during the
recent challenges in the Plastics commodity and throughout the industry.
Elgin Die Mold Co.
Elgin Die Mold is a high-quality custom thermoplastics injection
molder based in Pingree Grove, Illinois. Elgin Die Mold is a full
service supplier capable of providing design and engineering as well as
in-house tooling to meet Lear's requirements. This is Elgin Die Mold's
second Hall of Fame Award having received its first award in 2004.
Elgin Die Mold's design and engineering support has proven valuable
to Lear in providing custom designed solutions to meet Lear's customer
requirements. Elgin Die Mold has exceeded expectations with world class
customer service, quality and delivery. Elgin is actively involved
with Advanced Engineering early in new programs and with Cost Technology
Optimization initiatives to provide the lowest total cost solution.
Hi-Tech Mold & Engineering
Hi-Tech Mold & Engineering is Lear's leading supplier of
injection molds. This is the second year that Hi-Tech has been honored
with the Lear Supplier Hall of Fame Supplier Award.
Headquartered in Rochester Hills, Michigan, Hi-Tech is a family-owned
and operated, full-service company specializing in the design &
build of production and prototype injection molds. Their level of
support and service to Lear has helped to streamline the tool
development process while reducing cost and lead time.
Hi-Tech's Rochester Hills-complex consists of four plants totaling
over 125,000 square feet. They are a full-service supplier capable of
handling any size tooling program with supreme service and technical
support. In 1998, Hi- Tech located a 135,000 square-foot facility in
Winchester, Tennessee, to be in close proximity to companies requiring a
full-service mold supplier. Hi-Tech also has capabilities for the
design and construction of gages and checking fixtures at their
KOA Speer Electronics, Inc.
As a global leader in surface mount passive components, KOA Speer
Electronics, Inc. enjoys a leading position as the resistor supplier to
Lear Corporation. The Bradford, Pennsylvania, based company is but one
part of the KOA umbrella corporation based in Japan that serves Lear in
each region in which it does business.
World class logistics enable KOA to ship hundreds of unique part
numbers in volumes into the millions per month with a near flawless
delivery record. KOA's focus and execution on quality ensure that
rejected products are measured in parts per billion. KOA sets the
standard at Lear for all other electronic component suppliers to follow.
In recognition of KOA's continued support to Lear, this is the second
year in a row that KOA has been awarded the Supplier Hall of Fame Award.
Murata Electronics N.A., Inc.
Murata Electronics is Lear's leading supplier of passive electronic
components. Headquartered in Japan, Murata is a global company that
specializes in the design and production of capacitors, resistors and
various filter technologies.
Murata's commitment to technological innovation as well as its
outstanding customer support and quality has made them a valued supplier
to Lear. Backed by many years of electronic component experience,
Murata has provided Lear with products and services above and beyond
expectation. This is the third year in a row that Murata has been
awarded the Supplier Hall of Fame Award.
Panasonic Electric Works Corporation
Panasonic Electric Works Corporation, Lear's leading supplier of PCB
relays, manufactures and sells all manner of electric and electronic
components and supplies, including relays, switches, and connectors;
automation controls like timers, counters and temperature controls; and
other products like sensors and servo drives.
Panasonic has not only provided Lear with products and service above
and beyond expectations, their commitment to technological innovation as
well as outstanding quality has made them a valued supplier to Lear.
As a result, the majority of the PCB mounted relays on new programs in
Europe and Asia continue to be awarded to Panasonic.
Ryder Systems, Inc.
Ryder Systems, Inc. a global leader in supply-chain, warehousing and
transportation management solutions has been honored with the Lear
Supplier Hall of Fame Award in North America.
Headquartered in Miami, Florida, Ryder is a Fortune 500 company
providing 3rd party logistics services to Lear Corporation. Through
their Operations Management Center in Farmington Hills, Michigan, Ryder
has assisted Lear in implementing a complete third party logistics
solution that has provided network optimization solutions, leverage,
best practices and continuous improvement in Lear's North American
supply chain. This logistics solution has also led to meeting Lear
supply-chain cost reduction goals.
Schukra - A Leggett & Platt Company
Schukra is Lear's leading supplier of lumbar systems and seating
comfort technology. The Windsor, Ontario-based company is part of the
Leggett & Platt Incorporated umbrella which provides a global
footprint, serving Lear in multiple regions and commodities.
Schukra has demonstrated global benchmarking capabilities and
continuous improvement abilities through their dedication to Lear's
value engineering and cost reduction programs. Schukra's commitment to
quality, innovation, continuous improvement and customer support has
made them a valued supplier to Lear.
Specializing in the global manufacture and development of protection
and fastening components for on-board electrical and electronic wiring
harnesses, Sofanou again exceeds Lear Corporation's expectations with
best in class customer service, quality and delivery, and pro-active
participation in advance engineering and Cost Technology Optimization
From its headquarters in France and manufacturing facilities around
the world, including low cost countries, Sofanou continuously proves
itself an innovative world leader committed to its success through
exemplary cooperation with Lear Corporation Electrical Systems Division.
This is Sofanou's third award in four years.
Lear Corporation is one of the world's largest suppliers of
automotive seating systems, electronic products and electrical
distribution systems. In 2006, Lear ranked #130 among the Fortune 500.
Lear's world-class products are designed, engineered and manufactured by
a diverse team of more than 90,000 employees at 236 facilities in 33
countries. Lear's headquarters are in Southfield, Michigan. 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: Mel Stephens of Lear Corporation, +1-248-447-1624
Web site: http://www.lear.com/
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Posted on 6/12/2007