PACCAR (Nasdaq:PCAR) annually recognizes the top performing suppliers in its Supplier Performance Management (SPM) program. The SPM program evaluates a supplier’s performance in the areas of product development, operations support and business alignment with PACCAR objectives.
Through the SPM program, suppliers and PACCAR cross-functional teams collaborate to identify performance enhancements and to develop product innovations. PACCAR has recognized 50 suppliers since the launch of the SPM program in 2014.
“We are excited about our suppliers’ performance achieved since we launched the SPM program two years ago,” said Bill Jackson, PACCAR vice president. “We appreciate the value created for customers, suppliers and PACCAR from continuous improvement initiatives under the program. PACCAR recognizes and honors top suppliers that reached the SPM Leader and Achiever status, the top quartile of SPM performance.”
The 2016 SPM Leaders are: | |||||||||
• Defiance Metal Products | • PKC Cable & Harness Assembly | ||||||||
• Eaton Hydraulics | • Rago and Son, Inc | ||||||||
• Link Manufacturing | • Ryerson | ||||||||
• Neenah Industries | |||||||||
The 2016 SPM Achievers are: | |||||||||
• Accuride | • Leoni Wiring Systems | ||||||||
• Alcoa (Arconic) | • Mahle | ||||||||
• Bridgestone | • Mancor | ||||||||
• Consolidated Metco | • Metalsa | ||||||||
| (Casting division) | • Michelin North America, Inc. | ||||||||
• Continental | • MSSL Wiring Systems | ||||||||
• Cummins Emissions | • NIC Global | ||||||||
• Cummins Engine | • Pana Pacific | ||||||||
• East Penn Manufacturing | • Paramont | ||||||||
• Eaton Corporation (Transmissions) | • RH Sheppard | ||||||||
• Flexfab LLC | • Stoneridge Manufacturing Co. | ||||||||
• Grakon | • Superior Trim | ||||||||
• GRA-MAG | • Tube Specialties | ||||||||
• Horton | • Voss Automotive | ||||||||
“PACCAR works closely with suppliers to produce the highest quality products in the industry. We appreciate the SPM Achiever suppliers for attaining that performance level in 2016, and in particular, the seven suppliers that achieved SPM Leader status,” said Bob Christensen, PACCAR president and chief financial officer.
PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium-, and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced diesel engines, provides financial services and information technology, and distributes truck parts related to its principal business.
PACCAR shares are listed on Nasdaq Global Select Market, symbol PCAR. Its homepage is www.paccar.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161202005073/en/
Contacts:
Ken Hastings, 425-468-7530
