TROY, Mich., June 28, 2012 /PRNewswire/ -- Inteva Products has been named "Core Supplier" of the group PSA Peugeot Citroen, on Thursday June 28th, in Sully-sur-Loire, France. PSA Peugeot Citroen Purchasing Executive Director Strategy, Supplier Relationship and Risk Management Bernard Brasey presented this honor to Inteva Products President and CEO Lon Offenbacher.
"This prestigious distinction is a high honor and reflects Inteva's commitment to excellent customer service, outstanding product quality and value-based innovation," said Offenbacher.
Inteva Products is a Tier One manufacturer with 42 facilities worldwide operating in 18 countries providing the world's leading automakers with Closure Systems such as window regulators and latches, Interior Systems including instrument panels and door trim, Roof Systems and Motors and Electronics. In France, Inteva has operations in Sully-sur-Loire, Esson and St. Die.
PSA Peugeot Citroen is accelerating the deployment of measures to support the automotive industry in line with French government initiatives stemming from the January 2009 Automobile Summit and the creation of the Automotive Industry Platform (PFA). Its strategy emphasizes Supplier relationships as being a mutual, competing and long-lasting advantage in order to share value creation.
As a component of their "Excellence in Supplier Relationships, PSA Peugeot Citroen recognizes and rewards "Core Suppliers". These are mid-size companies with international operations that set the standard in their respective fields. The initiative's goal is to recognize 100 "Core Suppliers" by 2015.
Several criteria played a key-role in the labeling process of Inteva Products as "Core Supplier". PSA Peugeot Citroen highly appreciates Inteva's technical and industrial mastery, and has a high level of confidence in Inteva's capabilities and collaboration. For many years, Inteva Products has been expanding its R&D investment and capacity in order to participate in PSA Peugeot Citroen's new projects.
About Inteva Products, LLC
Inteva Products, LLC is a leading global supplier offering value-based innovation and environmentally-friendly products that enhance quality and performance. Focused on delivering high-value quality, on time and on budget, Inteva has global resources for engineering, manufacturing and customer service for Closure Systems, Interiors Systems, Motors and Electronics, and Roof Systems. Inteva is focused on sustained global growth, providing excellent customer service and being a best place to work for employees. The company is headquartered in Troy, Michigan and employs over 9,000 people in 18 countries. For more information, please visit www.intevaproducts.com.
About PSA Peugeot Citroen
With its two world-renowned brands, Peugeot and Citroen, the Group sold 3.5 million vehicles worldwide in 2011, out of which 42% outside Europe. As Europe's second largest carmaker, it recorded sales and revenue of more than euro 59.9 billion in 2011. PSA Peugeot Citroen has sales offices in 160 countries. In 2011, the Group dedicated more than euro 2 billion to research and development, especially in new energies. Its activities also are involved in financing activities (Banque PSA Finance), logistics (Gefco) and automotive equipment (Faurecia). More information can be found at http://www.psa-peugeot-citroen.com
Kimberly A. Welch
SOURCE Inteva Products, LLC