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Products and solutions, 2008-04-28, 11:30 AM

ThyssenKrupp Steel Recognized by General Motors as a 2007 Supplier of the Year

ThyssenKrupp Steel AG received the General Motors 2007 Supplier of the Year award for its significant contributions to GM’s global product and performance achievements. The 16th annual award – themed the “Best of the Best” - was given during ceremonies Saturday, April 26 at the Sawgrass Marriott Hotel in Jacksonville, Fla.

“GM is proud to honor ThyssenKrupp as a GM Supplier of the Year winner, “ said Bo Andersson, GM group vice president, Global Purchasing and Supply Chain. “This award is our way of telling the winners that we appreciate all of their efforts in working together with GM to manufacture world-class vehicles.

“ThyssenKrupp is among the best of the best,” he continued. “They understand that our mutual success can only be achieved by sharing common goals and priorities.”

“We are delighted to receive this recognition of our work and the quality of our products and services,” replied Dr. Ulrich Jaroni, member of the Executive Board of ThyssenKrupp Steel AG responsible for the Auto business unit. “At the same time this award is motivation to keep on improving our performance even further.”

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 92 suppliers for their outstanding performance throughout 2007.

With a total crude steel output of around 14.5 million metric tons in fiscal 2006/2007, ThyssenKrupp Steel is Germany’s biggest and Europe’s second-biggest steel producer. The company employs roughly 40,000 people and generated sales of more than 13.2 billion euros last fiscal year. Within ThyssenKrupp Steel, the Auto business unit is responsible for business with global automotive customers. The company supplies General Motors with electrogalvanized and hot-dip coated sheet as well as cold-rolled coil. High-strength and advanced high-strength steels for automotive weight reduction are also an important part of the supplies. Tailored Blanks are supplied by ThyssenKrupp Steel´s affiliate ThyssenKrupp Tailored Blanks GmbH.

This press release is also to be found under www.thyssenkrupp-steel.de

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