Date: January 18, 2008
Eaton Honored by General Motors at North American International Auto Show
SOUTHFIELD, Mich. … Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) was among 12 suppliers honored by General Motors (GM) for outstanding performance in 2007 and for supporting GM’s product efforts at a ceremony held Jan. 17, at the North American International Auto Show in Detroit, Mich.
“Eaton is part of a select group of suppliers that make a strong contribution to the success of General Motors,” said Bo Andersson, GM group vice president, Global Purchasing and Supply Chain. “As GM prepares to celebrate its 100th birthday, we want to recognize the important role our supply base has played in our past and how, working together, we will ensure our mutual success going forward.
“GM’s direction is clear – to be the best,” he added. “In order for GM to be the best, our global supply base must also be the best.”
“We’re honored to receive this recognition as it validates the focus we have toward helping our customers to differentiate their products to ensure success in this very competitive global marketplace,” said Scott L. King, Eaton senior vice president and president – Automotive Group.
This is the seventh year GM has honored suppliers at the North American International Auto Show. The supplier awards recognize total performance and include such criteria as quality, cost and delivery as well as contributions to GM’s products.
Eaton Corporation is a diversified industrial manufacturer with 2006 sales of $12.4 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 63,000 employees and sells products to customers in more than 140 countries.