"We are grateful to General Motors for recognizing the inventive minds, hard work and lean processes that distinguish our worldwide Faurecia Emissions Control Technologies workforce," said FECT North American Operations President Dave DeGraaf."We are proud to be a supplier for General Motors, and I know everyone within FECT greatlyappreciates this recognition and our highlyvalued relationship with GM."
FECT earned the highest-level ranking for supplier performance based on a series of metrics applied byGM. The rankings evaluate business performance and cultural priorities. FECT scored greater than 4 out of 5 on both scales. Business performance incorporates quality, launch, material costand supplychain. A GM internal survey of departments, which work closelytogether with suppliers, evaluates cultural priorities and focuses on total enterprise cost, transparency, communication/responsiveness and innovation/engineering.
"We are focused on building positive supplier relationships, bringing new, customer-centric innovations to GM, and being the OEM of choice among suppliers," said Steve Kiefer, GM vice president, Global Purchasing and Supply Chain. "The companies we recognize tonight not only have brought innovation, they delivered it with the quality our customers deserve."
GM's senior leadership, including CEO Mary Barra, recognized 110 of GM's best suppliers from 17 countries at the 24th annual "Supplier of the Year" awards ceremonyin Detroit, Michigan.
General Motors was Faurecia's 5th largestcustomer worldwide in 2015, generating productsales of $1.35 billion.
About Faurecia
Faurecia is one of the world's largestautomotive equipmentsuppliers. The companyconsists of four key Business Groups: Automotive Seating, Emissions Control Technologies, Interior Systems and Automotive Exteriors. In 2015, the Group posted sales of $23 billion. As of December 31, 2015, Faurecia employed 103,000 people in 34 countries at 330 sites, including 30 R&D centers. Faurecia is listed on the NYSE Euronext Paris stock exchange and trades in the U.S. over-the-counter (OTC) market. For more information, visit: http://na.faurec ia.c om /en
In North America, Faurecia had sales of$6.4 billion in 2015. It employs more than 20,000 people at 48 locations in the U.S., Canada and Mexico.
Contacts
TonySapienza Director, Communications Faurecia North America Tel:+1-248-606-1775 tony.sapienza@faurec ia.c om | Jennifer Korail Airfoil Group For Faurecia North America Tel:+1-248-304-1429 korail@airfoilgroup.c om |
Faurecia SA issued this content on 11 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 March 2016 17:49:01 UTC
Original Document: http://www.faurecia.com/files/corporate/publication/file/gm_supplier_of_the_year_final.pdf