CANTON, Ohio, April 25 /PRNewswire-FirstCall/ -- The Timken Corporation announced today that it has been named as a General Motors Supplier of the Year for its overall business performance in providing GM with world-class parts and services. Timken was selected for the award from more than 3,500 GM suppliers worldwide. The award was given during ceremonies Saturday, April 23, at the General Motors Vehicle Engineering Center in Warren, Mich.
"Our Supplier of the Year winners are the best of the best, and Timken is part of this elite group based on their outstanding performance in 2004," said Bo Andersson, vice president - GM global purchasing and supply chain. "Its balanced focus on performance and behavior support GM's priorities, and make it a model for suppliers worldwide."
The GM Supplier of the Year Award began as a global program in 1992. Selecting the award winners is a global team of executives from purchasing, engineering, manufacturing and logistics. The team evaluates award candidates on the basis of performance in quality, service, technology and price. This year, General Motors honored 78 suppliers for their excellence throughout 2004.
"We are proud of the recognition from GM," said John Law, global sales manager - GM. "This partnership with GM highlights Timken's ability to meet the needs of GM with high quality products and innovative solutions."
"We strive to meet the critical requirements of each one of our customers," said Jacqui Dedo, president - automotive. It is very satisfying to be recognized for the quality products, service and innovative technology we provide every day. This award from General Motors exemplifies the commitment of each one of our more than 26,000 dedicated team members and our continued commitment to excellence in everything we do."
The Timken Corporation, a subsidiary of The Timken Company, (NYSE: TKR,www.timken.com) keeps the world turning, with innovative ways to make customers' products run smoother, faster and more efficiently. Timken's highly engineered bearings, alloy steels and related products and services turn up everywhere. With operations in 27 countries, sales of $4.5 billion in 2004 and 26,000 employees, Timken is Where You Turn™ for better performance.
Christina Tharp, Manager - Marketing Communications, (330) 471-3294, orwww.timken.com/media , or Steve Tschiegg, Manager - Investor Relations, (330) 471-7446, or www.timken.com/investors
SOURCE The Timken Company