The Timken Company Awarded
31 July 1998
The Timken Company Awarded Automotive Industries Quest for Excellence Award
CANTON, Ohio, July 30 -- The Timken Company has
been named as recipient of Automotive Industries' first annual Quest for
Excellence award. Timken was the top-ranked company in the bearing category
receiving the highest overall average. Another 67 companies were recognized
in 19 different categories.
"The Quest for Excellence award is a great honor," said James W. Griffith,
group vice president - bearings-North American automotive, Asia Pacific and
Latin America at The Timken Company. "It is a distinction where our
customers' recognize our efforts to bring them outstanding value across the
spectrum of products and services we offer."
Automotive Industries, with a circulation of 104,000, is published monthly
by Cahners Business Information. The magazine's editorial focuses on the
domestic and international original equipment vehicle industry.
The awards were a result of the study of 1,800 Automotive Industries
readers involved in design, engineering, manufacturing, purchasing and
management who rated the suppliers they use on a regular basis. Each
participant ranked supplier companies in five areas: quality -- consistently
meets or exceeds customer's standards; price -- meets or exceeds the target
pricing requirements; innovation -- suggests innovative concepts and
solutions; delivery -- provides consistent, dependable delivery of materials,
and service -- responds quickly and effectively to customer requests. If a
supplier was not mentioned by enough Automotive Industries readers, then they
were not eligible for the award regardless of the score attained.
Timken will receive its award at a special recognition dinner hosted by
Automotive Industries next month in Dearborn, Michigan.
The Timken Company is a leading international manufacturer of highly
engineered bearings and alloy steels. The company employs 21,000 people
worldwide and reported 1997 sales of more than U.S. $2.6 billion.