Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange)
April 30, 2018
GM RECOGNIZES TENNECO FOR PERFORMANCE, QUALITY, AND INNOVATION
Lake Forest, Illinois, April 30, 2018 – Tenneco Inc. (NYSE:TEN), a global supplier of Ride Performance, Clean Air and Aftermarket products and systems, was named a GM Supplier of the Year by General Motors during its 26th annual Supplier of the Year awards ceremony, held Friday, April 20, in Orlando, Florida.
GM recognized 132 of its best suppliers from 17 countries who have consistently exceeded GM’s expectations, created outstanding value, or brought innovations to the company. The announcement represented the most suppliers GM has recognized since debuting the Supplier of the Year event in 1992. Tenneco earned two Supplier of the Year awards at the ceremony – one each for its Clean Air and Global Elastomer teams. The award was the second in three years for the elastomers team, which was also recognized as a GM Supplier of the Year in 2016.
“This is an opportunity for General Motors to honor those suppliers who are truly the best of the best,” said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain. “The automotive industry is transforming at an incredible rate. The relationships we have with our supply base means everything when it comes to delivering a strong vehicle lineup today and the cutting-edge vehicles and mobility services of tomorrow.”
More than 45 percent this year’s Supplier of the Year awardees are repeat winners from 2016.
GM’s Supplier of the Year award is reserved for suppliers who distinguish themselves by meeting performance metrics for quality, execution, innovation, and total enterprise cost. Award winners represent companies who provide products and services to General Motors in the areas of vehicle components, supply chain and logistics, customer care and aftersales, and indirect services.
“We’re extremely honored to receive this important recognition from General Motors for our Clean Air and Elastomers teams,” said Brian Kesseler, chief executive officer, Tenneco. “This award demonstrates Tenneco’s commitment to partnering with our customers to deliver world-class products and solutions.”
Tenneco is a $9.3 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 32,000 employees worldwide. Tenneco is one of the world’s largest designers, manufacturers and marketers of ride performance and clean air products and systems for automotive and commercial vehicle original equipment markets and the aftermarket. Tenneco’s principal brand names are Monroe®, Walker®, XNOx™ and Clevite®Elastomer.
General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com
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