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SKF Selected as 2011 Supplier of the Year by General Motors

General Motors has awarded the GM Supplier of the Year award to SKF Sealing Solutions Korea Co., Ltd. for the third consecutive year.
 
GM initiated its Supplier of the Year award as a global program in 1992. The award recognizes the contributions of GM's suppliers as part of the company's global product and performance achievement.
 
"The Supplier of the Year award winners' partnership, dedication and commitment to consistently perform above expectations played an important role in GM's success in 2011," said Bob Socia, Vice President, Global Purchasing and Supply Chain. "In 2012, we will continue to improve supplier relations to achieve a world class supply chain focused on quality, capacity management and total cost."
 
For the 2011 Supplier of the Year award, GM selected 82 global suppliers that the company believed to be representative of the best the automotive industry has to offer in innovative technology, superior quality, outstanding launch support, crisis management and competitive total enterprise cost solutions.
 
"It is with great pride that SKF receives this award from GM. It shows our strength in delivering high customer satisfaction,” said Tryggve Sthen, President SKF Automotive. “With our long history together it is truly inspiring to see that we can continue to develop and grow side by side.”
 
Yongjoon Hur, Managing Director SKF Sealing Solutions Korea added, “We are very dedicated and take pride in our work. So we are truly honored to get this recognition again by GM. This really shows that we are in line with what our customers expect and that we can continuously maintain this high performance level.”
 
SKF, a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services, is represented in more than 130 countries and has around 15,000 distributor locations worldwide. Annual sales in 2011 were SEK 66,216 million and the number of employees was 46,039.