Ford Honors Hanon Systems with World Excellence Award

Company honored for superior quality, delivery and cost performance

News provided by

May 22, 2017, 21:06 ET

DEARBORN, Mich., May 22, 2017 /PRNewswire/ -- Global automotive supplier Hanon Systems (KS:018880) has earned the prestigious World Excellence Award from Ford Motor Company. The award was presented Wednesday at the automaker's 19^th annual event held at the Henry Ford Museum in Dearborn, Mich.

Hanon Systems received the Gold Award for its superior quality, delivery and cost performance at the company's Pyeongtaek manufacturing facility in South Korea, which produces air conditioning compressors to Ford and other global automakers.

"Customers are our top priority and this award affirms the relentless effort of our teams at Hanon Systems to operate with excellence and deliver value," said In-Young Lee, president and chief executive officer of Hanon Systems. "We are honored to receive this important customer recognition."

The World Excellence Awards are Ford's highest recognition for its suppliers around the world.

Hanon Systems was one of 54 companies honored by the automaker at the event and one of only 12 suppliers receiving the Gold Award.

About Hanon Systems
Hanon Systems is a full-line supplier of automotive thermal and energy management solutions. Products include heating ventilation and air conditioning; powertrain cooling; compressors; fluid transport; and thermal and emissions solutions for conventional and electric, hybrid, fuel cell and autonomous vehicles. With 40 manufacturing sites and 18 engineering sites across 20 countries, the company employs more than 16,500 people. To learn more, visit hanonsystems.com.

SOURCE Hanon Systems