Applied Industrial Technologies Receives Honda's 2014 Supplier Award for Outstanding Value
CLEVELAND, Aug. 20, 2014 /PRNewswire/ -- Applied Industrial Technologies (NYSE: AIT) has been honored by Honda as one of their top suppliers in 2014. Honda recently announced its Top 25 Supplier Awards and named Applied® as one of six suppliers providing Outstanding Value by recognizing their Total Cost of Ownership. Applied was noted for providing a competitive advantage to Honda by delivering value and innovation through cost reductions, projects and services.
"The purpose of the awards is to recognize suppliers that are bringing us value and helping Honda to advance our capabilities and deliver a better vehicle to our customers," said Monica Oliverio, department manager of North American Indirect Procurement at Honda North America, Inc. Tom Armold, Vice President – Marketing and Strategic Accounts for Applied adds, "Our service centers work closely together to make sure Honda gets outstanding value-added service for their operations, and this award is a reflection of our exceptional commitment and associate performance."
Applied, a three-time Honda Supplier Award winner, provides the automotive company with a wide range of innovative, efficient and reliable industrial products. Honda employs 39,000 associates in North America producing Honda and Acura automobiles, Honda all-terrain vehicles and power equipment products. In 2013, 94 percent of the Honda and Acura automobiles sold in the U.S. were produced in North America.
With more than 560 facilities and 5,700 employee associates, Applied Industrial Technologies is a leading industrial distributor that offers more than five million parts to serve the needs of MRO and OEM customers in virtually every industry. In addition, Applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. Applied also offers maintenance training and inventory management solutions that provide added value to its customers. Applied can be visited on the Internet at www.applied.com.
SOURCE Applied Industrial Technologies