Polycarbon Wins Federal Mogul Supplier of the Year Award for Third Consecutive Year

Date : 08/24/2005 @ 7:21PM
Source : PR Newswire
Stock : Sgl Carbon Akti (SGG)
Quote : 42.64  0.0 (0.00%) @ 4:30PM
<< BackQuote Chart Financials

 



Polycarbon Wins Federal Mogul Supplier of the Year Award for Third Consecutive Year

VALENCIA, Calif., Aug. 24 /PRNewswire-FirstCall/ -- SGL Technic Inc. Polycarbon Division, an affiliate of the German based SGL Carbon Group (NYSE:SGG), announced today that it has been awarded "Supplier of the Year" designation by Federal-Mogul Corporation, Southfield, Michigan. This is the third consecutive year that SGL Polycarbon has earned this prestigious award -- an accomplishment attained by SGL and only one other company in Federal-Mogul's award history. 1,500 suppliers were eligible to be considered based on the total purchasing volume. Only 6 of the 1,500 suppliers have excelled in all three areas -- 100% on-time delivery, zero defects, and cost saving recommendations -- thereby attaining "Supplier of the Year" status.

In presenting the award, Jeffrey Cwiek, Purchasing Manager for Federal-Mogul, cited SGL Polycarbon's sustained record of outstanding performance in the areas of: product quality, 100% on-time delivery, customer service and cost saving recommendations. SGL Polycarbon achieved certified supplier status several years ago by manufacturing and shipping consistently high quality expanded graphite sealing materials that require no incoming receipt inspection. For years, Polycarbon has supplied aftermarket gasket material to Federal-Mogul's Skokie, Illinois facility and products for a large OE engine head gasket program at Athens, Alabama.

Accepting the award on behalf of the employees of Polycarbon, Division, President Mark Kokosinski thanked Federal-Mogul for this award, and especially the long-standing business relationship that the two organizations have developed throughout the past decades. Kokosinski also highlighted the accomplishments of the entire Polycarbon team -- including people based at Valencia, the manufacturing facility in Arkadelphia, Arkansas and the distribution center in Troy, Michigan -- as absolutely critical to the success of the business. "Without the wholehearted commitment of each employee, we would not have been able to provide the products and services that helped Federal-Mogul's business succeed," said Kokosinski. Adding to the recognition, Dr. Jan Verdenhalven, Managing Director of SGL Technologies, sent a message of congratulations from SGL's Meitingen, Germany office thanking Federal-Mogul for the award and praising the "spirit of cooperation and dedication evident throughout the Polycarbon organization."

Polycarbon belongs to the SGL Carbon Group and is part of the SGL Technologies Business Area. Headquartered in Wiesbaden, Germany, SGL Carbon is the world's largest supplier of carbon and graphite products with approx. 5,100 employees, and plants and offices in 14 countries. Worldwide sales for SGL Carbon Group in 2004 totaled 926.2 million euro.

About Federal-Mogul

Federal-Mogul is a leading global automotive supplier offering a comprehensive portfolio of quality products and trusted brands. Headquartered in Southfield, Michigan, the Company employs nearly 45,000 people in 30 countries.

The Company's principal customers include many of the world's foremost original equipment manufacturers of vehicles and industrial products, and aftermarket retailers and wholesalers.

Federal-Mogul's products are sold under a variety of power brands, including but not limited to, AE(R) engine products, ANCO(R) wipers, Champion(R) spark plugs and wipers, Fel-Pro(R) gaskets, Ferodo(R) brake pads, Glyco(R) bearings, Goetze(R) piston rings, Moog(R) chassis products, National(R) wheel-end components, Nural(R) pistons, Payen(R) gaskets, Sealed Power(R) engine products and Wagner(R) lighting and brake products. For more information on Federal-Mogul, visit the company's Web site at http://www.federal-mogul.com/.

For further information, please contact: Mark Kokosinski / SGL Technic Polycarbon Division Tel.: 661-294-7221 / Fax: 661-257-2755 e-mail: / Internet: http://www.polycarbon.com/

DATASOURCE: SGL Carbon Group

CONTACT: Mark Kokosinski of SGL Technic Polycarbon Division,

+1-661-294-7221, or fax, +1-661-257-2755,

Web site: http://www.polycarbon.com/

<< Back


Sgl Carbon Akti Historical Chart Sgl Carbon Akti Intraday Chart  
Period
noad


LSE and PLUS quotes are live. NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Request an Exchange :: Affiliate Scheme
Copyright1999-2009 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs
ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy
33 site:2us 090108 02:53 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )