NOVI, Mich., April 28 /PRNewswire/ -- Preh 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 given during ceremonies Saturday, April 26 at the Sawgrass Marriott Hotel in Jacksonville, Fla.
"GM is proud to honor Preh 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.
"Preh is among the best of the best," he continued. "They understand that our mutual success can only be achieved by sharing common goals and priorities."
"GM acknowledged that we have done a great job in developing and manufacturing climate controls," said Christoph Hummel, Preh executive vice president, sales and marketing at the awards show. "Receiving the Supplier of the Year Award is a great honor, and having achieved this with GM for the third time in a row makes us very proud indeed," Hummel added.
Dr. Michael Roesnick, president and CEO of Preh GmbH said, "With Preh's high in-house level of vertical integration, all the relevant processes are under our control. The awards for the past three years are proof that we continue to be successful in mastering our challenges. This is what counts, and it shows that we are on the right track."
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 92 suppliers for their outstanding performance throughout 2007.
About Preh
Preh was founded in Germany in 1919. As a full-service supplier, Preh works directly with major automakers in the development and manufacture of complete interior control systems, sensors and electronic control units.
The company maintains in-house capabilities for plastics injection molding, precision mechanics, light-pipe design, electronics hardware, surface finishing, laser etching and software development.
With sales of $440.5 million (USD) in 2007, Preh employs over 2,200 people located in Germany, Portugal, France, Mexico and the U.S. Eighty-six percent of Preh's annual revenue comes from its automotive business. Preh's U.S. customer service center is located in Novi, Mich.