Schaeffler Recognized by General Motors as a 2019 Supplier of the Year Winner

FORT MILL, S.C., July 7, 2020 /PRNewswire/ -- Schaeffler was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company's 28th annual Supplier of the Year awards on Wednesday, June 24, 2020.

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.

"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.

"This award is a testament to the passion and commitment that each Schaeffler associate puts into every product and system solution we supply to our partners at General Motors, so I am enthusiastically accepting this honor on behalf of the entire Schaeffler team," said Schaeffler Americas CEO Marc McGrath. "Our partnership with General Motors is a cornerstone of our Automotive business in the Americas and throughout the world, and we look forward to further strengthening this bond by continuing to supply the Schaeffler products and technologies that help GM solve the complex transportation challenges of today and tomorrow."

About Schaeffler
The Schaeffler Group is a leading global supplier to the automotive and industrial sectors. Its portfolio includes high-precision components and systems for engine, transmission and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications. The Schaeffler Group is already shaping "Mobility for tomorrow" to a significant degree with innovative and sustainable technologies for electric mobility, digitalization and Industry 4.0. The technology company generated sales of approximately EUR 14.2 billion in 2018. With around 89,000 employees, Schaeffler is one of the world's largest family companies and, with approximately 170 locations in over 50 countries, has a worldwide network of manufacturing locations, R&D facilities and sales companies. With more than 2,400 patent applications in 2018, Schaeffler is Germany's second-most innovative company according to the German Patent and Trademark Office (DPMA).

Schaeffler is a recognized development partner for global automakers and suppliers. To serve the North American automotive market, Schaeffler operates development centers in Troy, MI; Fort Mill, SC; Wooster, OH; and Puebla, Mexico. The company's 600 North American engineers and technicians, who are supported by a team of more than 6,700 global R&D engineers, drive development in the region by utilizing state-of-the-art test and measurement equipment, computational tools and CAD systems. Schaeffler Automotive has headquarters in Fort Mill and manufacturing facilities in South Carolina; Missouri; Ohio; Ontario, Canada; Puebla and Irapuato, Mexico. For more information, please visit www.schaeffler.us.

About General Motors
General Motors 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.

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SOURCE Schaeffler