Cooper Standard (NYSE: CPS) was named a GM Supplier of the Year by General Motors during its 26th annual Supplier of the Year awards ceremony held Friday, April 20 in Orlando, Florida.
GM recognized 132 of its best suppliers from 17 countries who have consistently exceeded GM’s expectations, created outstanding value, or brought new innovations to the company. The announcement represented the most suppliers GM has recognized since debuting the Supplier of the Year event in 1992.
“This is an opportunity for General Motors to honor those suppliers who are truly the best of the best,” said Steve Kiefer, GM vice president, Global Purchasing and Supply Chain. “The automotive industry is transforming at an incredible rate. The relationships we have with our supply base means everything when it comes to delivering a strong vehicle lineup today and the cutting-edge vehicles and mobility services of tomorrow.”
GM’s Supplier of the Year award is reserved for suppliers who distinguish themselves by meeting performance metrics for quality, execution, innovation, and total enterprise cost. Award winners represent companies who provide products and services to General Motors in the areas of vehicle components, supply chain and logistics, customer care and aftersales, and indirect services.
“We’re very proud to have been selected as a GM Supplier of the Year,” said Jeffrey Edwards, chairman and CEO, Cooper Standard. “This prestigious recognition is a tribute to our global team and their ongoing hard work and dedication to ensuring the highest levels of customer satisfaction. Most importantly, the award highlights the collaborative relationship we have with GM as we work together to deliver innovative products for today’s demanding vehicle requirements.”