KOA Speer Named "Supplier of the Year" for 2012 by Lear Corporation
Bradford, PA – April 4, 2013 – Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical distribution systems, has announced the presentation of the Lear "Supplier of the Year" Award, the highest honor Lear can bestow upon a supplier, to KOA Speer Electronics and twelve other suppliers, based on their outstanding performance during 2012.
This year's Award recipients demonstrated excellence in quality, innovation, delivery, service and competitiveness during 2012. In addition, this year Lear presented its first award to honor a supplier for their significant contributions to the community.
"The suppliers we recognized today performed at the highest levels during 2012," said Matt Simoncini, Lear's President and Chief Executive Officer. "Providing the best possible cost, quality and value to our customers requires the hard work of thousands of Lear employees working together with all of our suppliers. We truly appreciate the tremendous support we receive from our supplier partners, and I would like to especially thank this year's award winners," added Simoncini.
In 2012, KOA Speer shipped more than 1 billion parts to Lear with zero parts rejected globally. This is KOA's 4th award since 2005. KOA Speer is the world's second largest resistor supplier and is known worldwide for their expertise in product performance and quality. For several years running, KOA has provided Lear outstanding customer support, superior quality and continues to support Lear's push for technological innovation.
About KOA Speer: KOA Corporation, whose global presence includes corporate headquarters in Japan, and sales locations in the USA, Germany, China and Singapore, offers a wide range of products which include thick and thin film resistors, current sensing resistors and resistor arrays; thermal sensors, fuses and varistors; wire wound, multilayer, power and thin film inductors; LTCC's and modules. KOA Speer Electronics, an affiliate of KOA Corporation, has served the electronics industry since 1980.
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