LTV Steel Wins Toyota Quality Award
8 March 2000
LTV Steel Wins Toyota Quality AwardCLEVELAND, March 7 LTV Steel today announced that it has received the Quality Achievement Award from Toyota Motor Manufacturing Inc. The award recognizes the consistently high quality steel products made by LTV for Toyota during 1999. LTV produces a full line of value-added flat rolled steel for Toyota's plant in Georgetown, Kentucky, its parts suppliers, and the New United Motors Manufacturing Inc. (NUMMI) -- an automotive joint venture between Toyota and General Motors in California. "Toyota is a long-standing, valued customer of LTV Steel," said David E Althoff, vice president, sales and marketing-automotive. "We appreciate this award very much; not only does it recognize our performance in 1999, it also signifies our commitment to meet Toyota's high standard of quality in the future." The LTV Corporation is a manufacturing company with interests in steel, metal fabrication and leading steel technologies. LTV is committed to pursuing domestic and international growth opportunities to increase shareholder value. LTV's Integrated Steel segment is a leading producer of high-quality, value-added flat rolled steel, and a major supplier to the transportation, appliance, electrical equipment and service center industries. LTV's Metal Fabrication segment consists of LTV Copperweld, the largest producer of tubular and bimetallic products in North America and VP Buildings, a leading producer of pre-engineered metal buildings for low-rise commercial applications. LTV's Corporate and Other segment includes investments in leading steel technologies consisting of a 50 percent interest in Trico Steel, a flat rolled steel minimill in Alabama, and a 46.5 percent interest in Cliffs and Associates reduced iron venture in Trinidad.