KOA Speer Electronics Named as Lear Corporation Hall of Fame Supplier |
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KOA Speer Electronics Inc.
Bolivar Dr., P.O. Box 547
Bradford, PA, 16701
USA
Press release date: July 12, 2007
Bradford, PA - July 12, 2007 - KOA Speer Electronics, Inc. was named as a Lear Corporation Hall of Fame Supplier for its superior performance in quality, service, technology and competitiveness. KOA Speer received its award during a recent ceremony and luncheon honoring the winners of the ninth annual Hall of Fame Awards program.
''Best-in-class customer service and quality are hallmarks of Lear's culture and key measures to the success of any supplier," said Doug DelGrosso, president and chief operating officer of Lear Corporation. "The Hall of Fame Award recipients we are honoring for 2006 exemplify the best traits of highly successful suppliers in the industry by providing the highest possible quality and service to Lear, our customers and ultimately the end users - automotive consumers. We congratulate these suppliers for the dedication to excellence."
The Lear Hall of Fame Supplier Awards began in 1998 as a way to recognize the best-in-class suppliers to Lear's North American operations. Since the program's inception, more than 50 awards have been presented to Lear suppliers. More than 2,400 suppliers to Lear are eligible and award-winners are selected using the Lear Supplier Rating System, which measures performance in the key areas of quality, service, technology and competitiveness.
As a global leader in surface mount passive components, KOA Speer Electronics, Inc. enjoys a leading position as the resistor supplier to Lear Corporation. The Bradford, Pennsylvania, based company is but one part of the KOA umbrella corporation based in Japan that serves Lear in each region in which it does business.
World-class logistics enable KOA to ship hundreds of unique part numbers in volumes into the millions per month with a near flawless delivery record. KOA's focus and execution on quality ensure that rejected products are measured in parts per billion, KOA sets the standard at Lear for all other electronic component suppliers to follow. In recognition of KOA's continued support to Lear, this is the second year in a row that KOA has been awarded the Supplier Hall of Fame Award.
Lear Corporation is one of the world's largest suppliers of automotive seating systems, electronic products and electrical distribution systems. In 2006, Lear ranked #I30 among the Fortune 500. Lear's world-class products are designed, engineered and manufactured by a diverse team of more than 90,000 employees at 236 facilities in 33 countries. Lear's headquarters are in Southfield, Michigan. Lear is traded on the New York Stock Exchange under the symbol [LEA].
KOA Speer Electronics is an ISO 9000: 2000 and TS 16949 certified company that has been serving the electronics industry since 1980 and is a leading supplier of surface mount products including: resistors, resistor networks, circuit protection components, inductors, capacitors, integrated components and EMI/EMC filtering components. Leaded products including resistors, capacitors, and networks are also available. KOA Speer's primary end markets in North America include automotive, telecommunications, computer, and instrumentation.
For more information, contact Dawn McGriff, KOA Speer Electronics, Inc., Bolivar Drive, P.O. Box 547, Bradford, PA, 16701. Phone: 814-362-5536, ext. 266. Fax: 814-362-8883. Web site: www.koaspeer.com.
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