Federal-Mogul Corp. Honored by General Motors as 2005 Global Supplier of the Year
SOUTHFIELD, Mich.--May 9, 2006--Federal-Mogul Corporation (OTCBB:FDMLQ) was named a General Motors Global Supplier of the Year for its overall business performance in providing GM with world-class powertrain products and technology. The award was given during ceremonies held Saturday, April 29, at the General Motors Technical Center in Warren, Michigan."Being honored with a GM Global Supplier of the Year Award demonstrates Federal-Mogul's continued commitment to create value for our customers through quality excellence in products and services as well as innovative technology at competitive costs," said Jose Maria Alapont, chairman, president and CEO, Federal-Mogul. "We are proud to be recognized as one of GM's top suppliers and look forward to supporting its future success."
Federal-Mogul supplies a wide range of pistons, bearings, engine sealing modules and other automotive products to GM manufacturing facilities throughout the world. As a leading global powertrain supplier, the Company is focused on driving global profitable growth to satisfy customer, employee and stakeholder expectations.
"We consider Federal-Mogul to be a role model for all suppliers. They are recognized as a GM Global Supplier of the Year because they exceeded our expectations in 2005," said Bo Andersson, GM vice president of global purchasing and supply chain. "Federal-Mogul is one of the best in the world and we thank them for their hard work and commitment to helping make GM vehicles the best in the world."
The GM Global Supplier of the Year Award began in 1992. Winners are selected by a team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price.
About Federal-Mogul
Federal-Mogul is a global supplier of automotive components, systems and modules serving the world's original equipment manufacturers and the global aftermarket. The company utilizes its engineering and materials expertise, proprietary technology, manufacturing skill, distribution flexibility and marketing power to deliver products, brands and services of value to its customers. Federal-Mogul is focused on global profitable growth to create value for and bring greater satisfaction to its customers, employees and stakeholders
Headquartered in Southfield, Michigan, the Company employs 42,000 people worldwide. Federal-Mogul was founded in Detroit in 1899. The Company's principal customers include many of the world's foremost original equipment manufacturers of automotive, light commercial, heavy-duty truck, agricultural, marine, rail and industrial vehicles and equipment as well as the worldwide aftermarket. Federal-Mogul's aftermarket products are sold under a variety of power brands, including but not limited to, AE(R) engine products, ANCO(R) wipers, Champion(R) spark plugs and wipers, Fel-Pro(R) gaskets, Ferodo(R) brake pads, Glyco(R) bearings, Goetze(R) piston rings, Moog(R) chassis products, National(R) wheel-end components, Nural(R) pistons, Payen(R) gaskets, Sealed Power(R) engine products and Wagner(R) lighting and brake products.
For more information on Federal-Mogul, visit the company's Web site at http://www.federal-mogul.com.
Note to Editors: There should be an accent symbol over the "e" in "Jose" above. Also, there should be an umlaut over the "u" in "Nural" above.