American Axle & Manufacturing (Detroit) was named a GM Supplier of the Year by General Motors during its Supplier of the Year awards ceremony.
GM recognized 118 of its best suppliers from 15 countries that have consistently exceeded GM¡¯s expectations, created outstanding value or brought new innovations to the company.
¡°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.¡±
Winning suppliers were chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives and selected based on performance criteria in product purchasing, indirect purchasing, customer care and aftersales, and logistics.
¡°AAM¡¯s partnerships with our customers are an integral part of our mission to provide value while supplying innovative, high-quality driveline products,¡± said David C. Dauch, chairman and CEO, AAM. ¡°We are honored by this recognition from GM and will continue to work each day to exceed our customers¡¯ expectations.¡±
American Axle also completed the acquisition of Metaldyne Performance Group. The move had been announced late last year.
¡°Today is a historic day where we combine the strengths of both AAM and MPG into a premier, global Tier 1 automotive supplier with broader capabilities across multiple product lines,¡± Dauch said. ¡°This transformational acquisition will allow us to maximize stakeholder value by creating a company with greater size, scale and increased business diversification that delivers efficient, powerful and innovative solutions for our customers.¡±
The acquisition, worth a reported $3.3 billion, was first announced in November.
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18th Guangzhou Die-casting, Foundry & Industry Furnace Exhibition
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