Alcoa AFL Czech Wins VW Group Quality Award; Obtains New Skoda Contract.STRIBO, Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. & PITTSBURGH -- Alcoa (NYSE NYSE See: New York Stock Exchange :AA) announced today that its AFL AFL: see American Federation of Labor and Congress of Industrial Organizations. Automotive plant in Stribro, Czech Republic has been awarded the prestigious VW Group Award for Product Quality. AFL Stribo provides VW with electrical wire harnesses for its vehicles. The award acknowledges AFL Automotive's outstanding performance in delivering on-time, defect-free parts to VW, as well as its overall customer support and service. Separately, AFL Stribro was also awarded a new strategic contract from Skoda, part of the VW Group, to deliver a complete new vehicle electrical system for the newest model Skoda Fabia, one of the most well known European car brands. "The success of our Czech location is the direct result of a highly motivated team of people, working and supporting our business from various European locations," said Martin Freiberger, Senior Vice President AFL Europe. "Leveraging our resources allows us to further emphasize the importance of best product quality while taking into consideration cost objectives. It is not just that we understand and support the need for quality, we share our customers' passion for reliable products, and the challenge to reach even more end users." This is the second time that AFL has been recognized by the VW Group. AFL Automotive was honored with VW's Entrepreneurial Performance Award in 2001 for its seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of an electrical distribution business it acquired from Siemens AG Siemens AG German electrical-equipment manufacturer. The first Siemens company, Siemens & Halske, was founded in Berlin in 1847 to build telegraph installations. of Germany. Martin McCarthy, Vice President and General Manager of AFL's European vehicle harness business, added: "This is indeed a proud moment for us and it provides recognition and proof of AFL Czech best practices. Beyond the special acknowledgement to our Czech team, this is a sign that the tools we deploy throughout our global business, like the Alcoa Business System, are providing the customer satisfaction for which we strive." AFL Automotive has had a presence in the Czech market since 2001, supplying electrical distribution systems, subassemblies and components to automotive customers including Skoda, Volkswagen, DaimlerChrysler and others from its location in Stribo, Czech Republic. Alcoa is the world's leading producer and manager of primary aluminum, fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: aluminum and alumina facilities, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding Wikipedia is not the place for advertisement or self-advertising. Vinyl siding, first introduced to the exterior cladding market in the late 1950s, is an alternative to aluminum siding, fiber cement siding, and timber siding. , closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 131,000 employees in 43 countries and has been a member of the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. for 45 years and the Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Sustainability Indexes since 2001. More information can be found at www.alcoa.com |
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