GUELPH, ON, July 1, 2020 /CNW/ - Linamar Corporation
(TSX:LNR) was named GM Overdrive Award Winner during a virtual
ceremony honoring the recipients of the company's 28th
annual Supplier of the Year awards on Wednesday, June 24, 2020. GM's Overdrive Award,
introduced in 2012, recognizes supplier partners for extraordinary
leadership in cultural change and commitment initiatives that drove
exceptional business results for GM. Linamar Corporation was named
one of four 2019 Overdrive Award winners.
The same day, Linamar was also named a GM Supplier of the
Year.
During the event, GM recognized 116 of its best suppliers from
15 countries that have consistently exceeded GM's expectations,
created outstanding value or introduced innovations to the company.
The awards ceremony was originally scheduled as a live-event to be
held in March but was postponed due to the impact of the COVID-19
pandemic. The recognition is for supplier performance in the 2019
calendar year.
This is the 2nd time Linamar has received the
Overdrive award, and 4th consecutive year that we have
received the Supplier of the Year award.
"Our suppliers play a key role in delivering the products,
services and experiences our customers deserve – and these
award-winning suppliers went above and beyond our expectations,"
said Shilpan Amin, GM vice
president, Global Purchasing and Supply Chain.
"We also believe it's important at this point in time to thank
our entire supply base for their efforts the last few months to
mitigate the impacts of COVID-19," added Amin. "Not only have we
been able to safely restart our manufacturing operations, our
suppliers played a key role in assisting our initiatives to
increase the supply of ventilators and personal protection
equipment (PPE) for frontline health care workers to help save
lives and keep communities safe."
The Supplier of the Year award winners were chosen by a global
team of GM purchasing, engineering, quality, manufacturing and
logistics executives. Winners were selected based on performance
criteria in Product Purchasing, Global Purchasing and Manufacturing
Services, Customer Care and Aftersales, and Logistics.
"We were thrilled to again be the recipient of GM's prestigious
Overdrive Award and or course to again be recognized as a Supplier
of the Year", said Linda Hasenfratz,
Linamar CEO. "This recognition is a direct result of the hard
work and dedication of our amazing team here at Linamar. We
have an incredible team that is deep in technical excellence and at
the same time nimble, responsive and fast acting. That
combination is exactly what is needed by our customers, never more
than in these challenging times."
About Linamar Corporation
Linamar Corporation (TSX:LNR) is an advanced manufacturing
company where the intersection of leading edge technology and deep
manufacturing expertise is creating solutions that power vehicles,
motion, work and lives for the future. The Company is made up of 2
operating segments – the Industrial segment and the Transportation
segment, which are further divided into 5 operating groups –
Skyjack, Agriculture, Machining & Assembly, Light Metal Casting
and Forging, all world leaders in the design, development and
production of highly engineered products. The Company's Skyjack and
MacDon companies are noted for their innovative, high quality
mobile industrial and harvesting equipment, notably class-leading
aerial work platforms, telehandlers, draper headers and
self-propelled windrowers. The Company's Machining & Assembly,
Light Metal Casting and Forging operating groups focus on precision
metallic components, modules and systems for driveline, body and
powertrain systems designed for global electrified and
traditionally powered vehicle and industrial markets. Linamar has
27,000 employees in 61 manufacturing locations, 11 R&D centres
and 25 sales offices in 17 countries in North and South America, Europe and Asia which generated sales of $7.4 billion in 2019. For more information about
Linamar Corporation and its industry leading products and services,
visit www.linamar.com or follow us on Twitter at @LinamarCorp
General Motors (NYSE: GM) is a global company committed
to delivering safer, better and more sustainable ways for people to
get around. General Motors, its subsidiaries and its joint venture
entities, sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Holden, Baojun and
Wuling brands. More information on the company and its
subsidiaries, including OnStar, a global leader in vehicle safety
and security services, can be found at http://www.gm.com.
SOURCE Linamar Corporation