KOA Speer Receives Top Supplier TTI Awards for 2011
Bradford, PA - July 11, 2012 - KOA Speer Electronics is pleased to announce they have once again earned the TTI Supplier Excellence Award for 2011, as well as the Diamond and Best Quality awards. KOA Speer is the recipient of the Platinum Level TTI award, an honor that can only be reached by receiving the Supplier Excellence Award for a minimum of 5 consecutive years. KOA Speer has been an award recipient in 16 of the 17 years TTI has presented this recognition.
The TTI Supplier Excellence Award represents the highest recognition possible of a supplier's performance within TTI. The program is centered on quality measurements that include: on-time delivery, receiving quality, customer-reported quality, administrative quality, operations and business systems. In addition, there are performance measurements such as sales and management support.
In addition to maintaining Platinum status, KOA Speer was also awarded the Diamond and Best Quality Awards for the second consecutive year. Introduced last year, the Diamond Award recognizes the company with the overall highest point achievement, while the Best Quality Award is given to the supplier who scores the highest in each of the possible Quality categories.
Chris Forbes, National Distributor Sales Manager at KOA Speer, attributed their continued success to the dedicated KOA employees. "Our employees' dedication to serve our customers at the highest possible level is key to our continued success," Forbes stated. "It is in the true spirit of our Quality 1st initiative." KOA Speer's Quality 1st initiative works to deliver high quality products and services in Manufacturing, Product Solutions and Customer Service.
Melanie Pizzey, TTI Vice President Global Product Operations, made the announcement. Achievement of this award not only represents the dedication of all KOA Speer Electronics employees to TTI, but also management's commitment and overall operating philosophy for excellence by allocation of resources, allowing employees the opportunity to do the right thing in order to ensure customer satisfaction.
About TTI, Inc. TTI, Inc., a Berkshire Hathaway company, is a specialty distributor of passive, interconnect, electromechanical and discrete components. TTI is the distributor of choice for electronic manufacturers worldwide. TTI's extensive product line includes: resistors, capacitors, connectors, potentiometers, trimmers, magnetic circuit protection, filters, relays, switches, sensors and discrete semiconductor devices. TTI is recognized as the industry's leader in service and quality and provides a broad array of supply chain services to its customer base. TTI along with its subsidiary Mouse Electronics, employs more than 3,500 with over 100 locations. Headquartered in Fort Worth, Texas, TTI employs 2,000 with more than 50 locations throughout North America, Europe and Asia. For more information about TTI visit www.ttiinc.com. For more information about Berkshire Hathaway visit www.berkshirehathaway.com.
About KOA Speer: KOA Speer Electronics, an ISO 9001:2000 and TS-16949 certified company, has served the electronics industry since 1980. KOA Speer's wide range of products includes thick and thin film resistors, current sensing resistors and resistor arrays; thermal sensors, fuses and varistors for circuit protection; wire wound, multilayer, power and thin film inductors; ceramic capacitors and ferrite bead EMI/EMC filters; and diodes, LTCC's and modules. The company has introduced over 200 new products in the past few years.
KOA Speer Electronics is an affiliate of KOA Corporation, whose global presence includes corporate headquarters in Japan, a European sales office and twenty-four manufacturing facilities located throughout the Pacific Rim. The KOA Speer product family of surface mount and leaded passive components is ideal for diverse markets including telecommunications, computers, automotive, consumer and industrial controls.
For more information, contact: Dawn McGriff KOA Speer Electronics, Inc. 199 Bolivar Drive Bradford, PA 16701 (P) 814-362-5536 ext. 266 (F) 814-362-8883 www.koaspeer.com
Tim Glass Altman-Hall Associates 235 W. 7th Street Erie, PA 16501 (P) 814-454-0158