TROY, Mich.--(BUSINESS WIRE)--Grede’s Novocast facility based in Monterrey, Mexico, was one of 16 North American companies to receive a 2014 Supplier Partner Award – Foundry Supplier of the Year from Meritor, Inc. (NYSE: MTOR) for achieving excellence in meeting Meritor’s objectives in the areas of quality, delivery, cost savings and innovation. Grede is the world’s largest independent ductile iron foundry and a leading provider of gray and specialty iron castings for transportation and industrial markets.
Meritor, a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, recognized Grede and other top suppliers at an award ceremony Feb. 25 at Meritor headquarters in Troy, Michigan.
“We are extremely honored to receive this award as a reflection of Grede’s hard work and commitment to exceed customer expectations every day,” said Raul Lopez, managing director, Grede de Mexico. “We appreciate Meritor as a valued customer and look forward to continuing and expanding our successful collaboration.”
According to Rob Speed, vice president and chief procurement officer for Meritor, “The 16 suppliers we honored with Supplier Partner Awards exemplify excellence, and their performance strengthens our mutual businesses by delivering innovative, quality products to OEMs and end-users on time and within cost parameters.”
About Grede Holdings LLC
Grede Holdings LLC, a MPG Inc. company (NYSE: MPG), was formed in 2010 through the combination of assets of the former Grede Foundries, Inc., Blackhawk Foundry (USA), and Citation Corporation. With estimated annual revenues exceeding $1 billion, the Grede legacy dates to 1920 when William J. Grede founded Grede Foundries, Inc. with an iron foundry in Wauwatosa, Wisconsin. With headquarters in Southfield, Michigan, the company specializes in high quality ductile, gray and specialty iron castings, including lost foam and high silicon molybdenum applications. Grede Holdings LLC has 4,600 employees and operates 13 foundries and three machining operations in North America serving the transportation and industrial markets globally.
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