Mazda Selects MWW As Key OE Supplier
HOWELL, Mich., Nov. 30, 2011 /PRNewswire/ -- MWW Automotive Group (OTCQB: MWWC), a global design, engineering, and manufacturing firm serving some of the world's leading automotive and industrial manufacturers, announced today that it has been selected as a key supplier for the production and delivery of three key Mazda MX-5 Aero parts to Mazda North America.
MWW will produce a front air dam kit, side sill kit and rear spoiler kit for the new Mazda MX-5 in its ISO certified Class A manufacturing facility in Baroda, MI, for delivery to Mazda's North American, European and Asian Markets.
This is the first OE contract with MAZDA for MWW, after its production facility has been certified by the Mazda engineering and technical teams. It is the fourth new automotive program that has been awarded to MWW in the last two months with the start of production for the new Chevy Sonic, the Ford 150 and the Ford Mustang.Charles Pinkerton, CEO of MWW Automotive stated: "We are very excited that Mazda has selected us out of all US manufacturers for this program and we are committed to deliver a world-class product. As a key supplier for this program, we have developed a service strategy with cost competitive pricing and on-time service part availability, both during current and post-production periods, according to General Mazda guide lines. Over the last year we have expanded and customized our production lines according to the specific production requirements for these high quality OE direct programs. As a consequence the production of these special parts for Mazda falls squarely into our core competency, without having to make additional large capital investment. In addition, the quoting and facility certification process for several additional programs with new global automotive and industrial manufacturers has been concluded, partial pre-production and prototype testing has begun and we expect to begin full production with those programs beginning in January and throughout 2012.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV