Preh Honored by General Motors as a 2006 Supplier of the Year

NOVI, Mich., April 11 /PRNewswire/ -- Preh was presented the General Motors 2006 Supplier of the Year award for its overall business performance in providing GM with world-class parts and services. The 15th annual award - themed the "Best of the Best" - was given during ceremonies Saturday, March 31 at the JW Marriott Orlando Grande Lakes in Orlando, Fla.

"We are proud to honor Preh as one of the 'Best of the Best' GM suppliers in 2006," said Bo Andersson, GM group vice president, Global Purchasing and Supply Chain. "Preh achieved the award based on outstanding performance in 2006. We appreciate their energy, hard work and dedication to the success of GM."

"For us to be selected a second time as GM Supplier of the Year is a great honor," said Dr. Michael Roesnick, president and CEO of Preh GmbH. "The primary reason for our success is due to outstanding Preh internal teamwork, coupled with an excellent working relationship with GM. All the climate control systems that we supply to GM are developed in-house with customer participation prior to manufacturing, ensuring the highest product quality right from the start. The award testifies that we are on the right track with this strategy."

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 89 suppliers for their outstanding performance throughout 2006.

About Preh

Preh was founded in Germany in 1919. As a full-service supplier, Preh works directly with major automakers in the development and manufacture of complete interior control systems, sensors and electronic control units.

The company maintains in-house capabilities for plastics injection molding, precision mechanics, light-pipe design, electronics hardware, surface finishing, laser etching and software development.

With sales of $360 million (USD) in 2006, Preh employs over 1,900 people located in Germany, Portugal, France, Mexico and the U.S. 86 percent of Preh's annual revenue comes from its automotive business. Preh's U.S. customer service center is located in Novi, Mich.

Source: Preh