NEW ALBANY, Ohio, April 12, 2012 /PRNewswire/ -- Commercial Vehicle Group, Inc. (Nasdaq: CVGI) a leading supplier of fully integrated system solutions for the global commercial vehicle market, announced today that its Electrical Systems facility in Edgewood, Iowa has been awarded Platinum status in accordance with Caterpillar Inc.'s (NYSE: CAT) Supplier Quality Excellence Process (SQEP). Only a very small population of Caterpillar's highest-performing suppliers has managed to meet Platinum-level requirements for process capability, quality, continuous improvement, delivery and six-sigma deployment.
Kevin R. L. Frailey, President and General Manager of CVG's Electrical Systems division stated, "We are extremely proud of our Edgewood team for their efforts to earn the top rating in Caterpillar's rigorous SQEP program. This award builds on the Bronze level SQEP achievement we attained in 2009 and 2010 at our Agua Prieta facility."
"In its relationship with suppliers, Caterpillar emphasizes collaboration as one of its most important supplier development principles. In the case of this Platinum award, our two companies collaborated successfully, improving our performance and showing that their philosophy works," Frailey added.
A cross-functional delegation of Caterpillar managers visited Edgewood this week to present CVG employees with a commemorative plaque recognizing the achievement.About Commercial Vehicle Group, Inc. Commercial Vehicle Group is a leading supplier of fully integrated system solutions for the global commercial vehicle market, including the heavy-duty truck market, the construction and agriculture markets and the specialty and military transportation markets. The Company's products include static and suspension seat systems, electronic wire harness assemblies, controls and switches, structures and components, interior trim systems (including instrument panels, door panels, headliners, cabinetry and floor systems), mirrors and wiper systems specifically designed for applications in commercial vehicles. The Company is headquartered in New Albany, OH with operations throughout North America, Europe and Asia. Information about the Company and its products is available on the internet at www.cvgrp.com. SOURCE Commercial Vehicle Group, Inc.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts