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MANCHESTER, Conn., May 07, 2018 (GLOBE NEWSWIRE) -- Lydall, Inc. (NYSE:LDL) was named a GM Supplier of the Year by General Motors during its 26th annual Supplier of the Year awards ceremony held Friday, April 20th in Orlando, Florida.
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GM recognized 132 of its best suppliers from 17 countries who have consistently exceeded GM's expectations, created outstanding value, or brought new innovations to the company. The announcement represented the most suppliers GM has recognized since debuting the Supplier of the Year event in 1992.
"This is an opportunity for General Motors to honor those suppliers who are truly the best of the best," said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain. "The automotive industry is transforming at an incredible rate. The relationships we have with our supply base means everything when it comes to delivering a strong vehicle lineup today and the cutting-edge vehicles and mobility services of tomorrow."
GM's Supplier of the Year award is reserved for suppliers who distinguish themselves by meeting performance metrics for quality, execution, innovation, and total enterprise cost. Award winners represent companies who provide products and services to General Motors in the areas of vehicle components, supply chain and logistics, customer care and aftersales, and indirect services.
"Lydall is honored to be counted among GM's top suppliers," said Lydall President and Chief Executive Officer Dale G. Barnhart. "The award represents the significant time and effort the Lydall Thermal Acoustical Solutions team has invested to build positive customer relationships, provide outstanding high-quality products and exceed expectations."
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Lydall, Inc. is a New York Stock Exchange listed company, headquartered in Manchester, Connecticut with global manufacturing operations producing specialty engineered products for the thermal/acoustical and filtration/separation markets. For more information, visit http://www.lydall.com. Lydall® is a registered trademark of Lydall, Inc. in the U.S. and other countries.
General Motors Co. (NYSE:GM) (TSX:GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com
For further information:Brendan MoynihanVice President, Financial Planningand Investor RelationsTelephone 860-646-1233Facsimile 860-646-4917info@lydall.comwww.lydall.com
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.