Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange) News Release
April 1, 2015
TENNECO RECEIVES SUPPLIER AWARD FROM TOYOTA
Company’s Clean Air Division Recognized for Excellence in Supplier Diversity
Lake Forest, Illinois (April 1, 2015) – Tenneco, a global supplier of clean air and ride performance products and systems was recognized with an Excellence Award in Supplier Diversity for its Clean Air Division from Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) at its Annual Supplier Business Meeting (ABM) on March 10. Held at the Northern Kentucky Convention Center in Covington, ABM brings together approximately 1000 supplier representatives from across North America.
“We’re very honored to receive this award from Toyota as it demonstrates our commitment to supplier diversity,” said Josep Fornos, executive vice president, Tenneco Clean Air. “During 2014, Tenneco exceeded Toyota's MBE (Minority Business Enterprise) and WBE (Women Business Enterprise) goals. Our diverse supplier base is a competitive advantage for Tenneco, and strengthens our ability to deliver advanced, innovative clean air products and technologies for Toyota’s cars and trucks.”
Currently celebrating 19 years, ABM allows TEMA to discuss business objectives with direct and indirect suppliers in preparation for its upcoming fiscal year. Each year, TEMA recognizes suppliers who exceeded the company’s expectations in several categories.
“Toyota works in collaboration with each of our supplier partners to produce vehicles that meet our customers’ expectations for quality, safety, and reliability,” said Robert Young, TEMA's purchasing vice president. “We are pleased to recognize those suppliers that exceed our performance and collaboration targets. This event highlights our suppliers’ dedication to continuous improvement and long-term partnerships to build ‘always better cars’ in North America.”
Tenneco is an $8.4 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 29,000 employees worldwide. Tenneco is one of the world’s largest designers, manufacturers and marketers of clean air and ride performance products and systems for automotive, commercial truck and off-highway original equipment markets and the aftermarket. Tenneco’s principal brand names are Monroe®, Walker®, XNOx™ and Clevite®Elastomer.
847 482 5807