This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

SKF Received The 2012 Supplier Of The Year Award From General Motors For The Third Consecutive Year

GOTHENBURG, Sweden, March 22, 2013 /PRNewswire/ -- SKF Sealing Solutions Korea Co., Ltd. has received the prestigious GM Supplier of the Year award for the third consecutive year.

(Photo: )

"SKF Sealing Solutions Korea Co., Ltd helped play a critical role in GM's success in 2012 through their dedication and commitment to consistently exceed our expectations by being innovative, delivering high quality products and services on time and by creating outstanding value," said Grace Lieblein, GM vice president, Global Purchasing and Supply Chain. "We are thrilled to recognize SKF Sealing Solutions Korea Co., Ltd, who we consider to be a world-class supplier."

GM's Supplier of the Year (SOY) award, which began as a global program in 1992, recognizes the contributions of GM's suppliers in 2012 as part of the company's global product and performance achievement. For the 2012 award, GM selected 83 global suppliers, representing GM's view 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.  

"Receiving this award again from GM really proves how strong our commitment is in delivering what our customers need. It is all about understanding our customers business and requirements, delivering according expectations. It is a team work effort and I am proud of the hard work the SKF team is doing," says Mr. Tryggve Sthen, President SKF Automotive.

"It is such an honor for us to receive this award three years in a row. We are proud to say that we work consistently on delivering on the exact requirements of our customers' high demands. Being recognized by GM in this way is truly inspiring," says Mr. Yongjoon Hur, Managing Director SKF Sealing Solutions Korea.

The award was presented at the Charles H. Wright Museum of African American History, Michigan USA at the Supplier of the Year celebration on March 13, 2013.   

SKF is a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has around 15,000 distributor locations worldwide. Annual sales in 2012 were SEK 64,575 million and the number of employees was 46,775.

® SKF is a registered trademark of the SKF Group.™ BeyondZero is a trademark of the SKF Group.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs