Ford Motor Co. Names Hanon Systems to its Aligned Business Framework (ABF)

Company Joins Network of Strategic Suppliers Supporting Ford

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May 31, 2018, 10:35 ET

NOVI, Mich., May 31, 2018 /PRNewswire/ -- Global automotive supplier Hanon Systems (KS:018880) has been named to the Ford Motor Co. Aligned Business Framework (ABF) network of strategic suppliers. The distinction was revealed at the automaker's Top Supplier Meeting held on Tuesday, May 15 in Dearborn, Mich.

The ABF distinction is reserved for companies deemed by the automaker as a strategic supplier, and chosen to strengthen collaboration on technology and development of a sustainable business model for mutual profitability.

"To join this elite group of strategic suppliers to Ford is an honor and a privilege," said In-Young Lee, president and chief executive officer of Hanon Systems. "We respect this appointment and will prove worthy to retain this important designation by demonstrating our steadfast commitment and continued focus to exceed Ford's expectations across all aspects of our business."

Hanon Systems also was one of eight companies to be named a finalist for the Ford Quality Excellence award at the 20th annual Ford World Excellence Awards event.

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 and 18 engineering sites across 20 countries, the company employs more than 16,500 people. To learn more, visit hanonsystems.com.

SOURCE Hanon Systems