YANGSAN, South Korea, March 10, 2016 /PRNewswire/ -- DongAh Tire & Rubber was named a GM Supplier of the Year by General Motors during its 24th annual Supplier of the Year awards ceremony held Thursday, March 10 at Cobo Center in Detroit, Mich.
GM recognized 110 of its best suppliers from 17 countries who have consistently exceeded GM's expectations, created outstanding value, or brought new innovations to the company. The announcement represented the most suppliers GM has recognized since debuting the Supplier of the Year event in 1992. This is the 1st time DongAh Tire & Rubber has received the award.
"We are focused on building positive supplier relationships, bringing new, customer-centric innovations to GM, and being the OEM of choice among suppliers," said Steve Kiefer, GM vice president, Global Purchasing and Supply Chain. "The companies we recognize tonight not only have brought innovation, they delivered it with the quality our customers deserve."
GM's 2015 supplier recognition represents a nearly 40 percent increase in the number of suppliers honored compared to 79 recipients in 2014. More than half of the suppliers are repeat winners from 2014.
Winning suppliers were chosen by a global team of GM purchasing, engineering, quality, manufacturing, and logistics executives and selected based on performance criteria in Product Purchasing, Indirect Purchasing, Customer Care and Aftersales, and Logistics.
"DongAh Tire & Rubber is honored to be recognized by General Motors as the 2015 Supplier of the Year. We believe this could not have been achieved without a strong alignment and partnership that has been formed with General Motors, said Sang-Hun Kim, Dongah Tire & Rubber's President and CEO. "
Dongah Tire & Rubber Corporation, a leading supplier of rubber products for the automotive industry. DongAh Tire & Rubber designs, manufactures and supplies engine and suspension mounts, mass dampers, tank track pads and other vibration management products to leading global automotive and defense customers in Europe, United Kingdom, North America, South America, Mexico and Asia. Dongah Tire & Rubber Corporation is headquartered in Yusan, South Korea. The company has more than 3,000 employees and annual sales in 2015 of more than $900 million.
SOURCE DongAh Tire & Rubber