Tenneco Automotive Inc. (ticker: TEN, exchange: New York Stock Exchange) News Release
April 18, 2002
TENNECO AUTOMOTIVE HONORED WITH FORD'S 2001 WORLD EXCELLENCE AWARD
LAKE FOREST, ILLINOIS, April 18, 2002 - Tenneco Automotive received Ford Motor Company’s Silver World Excellence Award, recognizing the company as one of its top suppliers in the world for 2001 performance.
Carlos Mazzorin, Ford Motor Company’s group vice president of Asia Pacific Operations, South American Operations and Global Purchasing, said, "Congratulations to Tenneco Automotive. You are one of Ford’s most valuable partners. Without your extraordinary contributions, we could not have achieved many of our goals in 2001."
The World Excellence Award provides annual recognition based on quality, cost and delivery metrics jointly developed by Ford and its suppliers. Forty-two suppliers from 15 countries won awards in various categories. The Silver Award is given to the business units of suppliers that stand out in quality and delivery or quality and cost. Tenneco Automotive was recognized for its quality and delivery in supplying exhaust systems to Ford in Europe.
"We are very proud to once again receive a Ford World Excellence Award, which reflects our commitment to providing customers with the most advanced technologies, quality products and outstanding service," said Mark P. Frissora, chairman and CEO, Tenneco Automotive. "Our goal is to always meet the highest standards of our customers and we appreciate the recognition from Ford for our efforts. "
Tenneco Automotive was one of only 21 winners in the Silver category, and the only company to receive an award for supplying emission control components.
Tenneco Automotive is a $3.4 billion manufacturing company with headquarters in Lake Forest, Ill., and 21,600 employees worldwide. Tenneco Automotive is one of the world's largest producers and marketers of ride control and exhaust systems and products, which are sold under the Monroe® and Walker® global brand names. Among its products are Sensa-Trac® and Reflex™ shocks and struts, Rancho® shock absorbers, Walker® Quiet-Flow™ mufflers and DynoMax™ performance exhaust products, and Monroe® Clevite™ vibration control components.
Tenneco Automotive, Media Relations
(1) 847 482 5607
Tenneco Automotive, Investor Relations
(1) 847 482 5042