Tenneco Automotive Inc. (ticker: TEN, exchange: New York Stock Exchange) News Release
April 8, 2003
TENNECO AUTOMOTIVE RECEIVES FORD MOTOR COMPANY'S 2002 WORLD EXCELLENCE AWARD
Company is Honored for Ride Control Technology and Customer Satisfaction
LAKE FOREST, ILLINOIS, APRIL 8, 2003 - Tenneco Automotive (NYSE: TEN) received Ford Motor Company's 2002 World Excellence Award in two categories, recognizing the company as one of Ford's top global suppliers in 2002.
Tony Brown, Ford vice president, 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 2002."
The Ford World Excellence Awards, the company's highest purchasing awards, annually recognize supplier dedication and superior performance. Forty-one suppliers from 13 countries won awards in various categories. Tenneco Automotive received the Silver World Excellence Award for its Gripper™ product, an innovative stabilizer bar technology. The Silver Award is given to suppliers that stand out in quality, delivery and cost.
The company also received a Recognition of Achievement Award in the Consumer Driven Six Sigma category, which recognizes supplier black belt projects that had a direct impact on Ford consumer satisfaction. Tenneco Automotive received the Consumer Driven Six Sigma award for a black belt project involving its catalytic converter technology at its emission control operations in South Africa.
"We are very proud to receive two Ford World Excellence Awards, which recognize our commitment to providing the most innovative technologies and outstanding service to our customers," said Mark P. Frissora, chairman and CEO, Tenneco Automotive. "We also take pride in our global manufacturing capabilities, which allow us to serve Ford Motor Company around the world, providing high quality products as well as engineering and manufacturing solutions that directly impact customer satisfaction."
Tenneco Automotive was one of only 16 winners in the Silver category and one of 13 to win a Recognition of Achievement Award.
Tenneco Automotive is a $3.5 billion manufacturing company with headquarters in Lake Forest, Illinois and approximately 19,600 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 Monroe Reflex® shocks and struts, Rancho® shock absorbers, Walker® Quiet-Flow® mufflers and DynoMax® performance exhaust products, and Monroe Clevite® vibration control components.
Ford Motor Company is the world's second-largest automaker, with approximately 335,000 employees in 200 markets on six continents. Its automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford, Financial, Quality Care and Hertz. With world headquarters in Dearborn, Michigan, Ford Motor Company officially observes its 100th anniversary on June 16, 2003.
Tenneco Automotive, Media Relations
(1) 847 482 5607
Tenneco Automotive, Investor Relations
(1) 847 482 5042