Citation Corp. wins Navistar Supplier Award for quality, delivery and cost.Citation Corp., Novi, Mich., announced it has received the 2008 Navistar Inc. Diamond Supplier Award. Navistar, Warrenville, Ill., gives the award to suppliers who exceed performance expectations for quality, delivery and cost. Recipients also are acknowledged for being strategically aligned with Navistar's business goals and for demonstrating a commitment to continuous improvement. "We're honored to receive this recognition from Navistar, as it validates the hard work of our employees and their commitment to superior performance at all levels," said Doug Grimm, Citation's chief executive officer. Five of Citation's facilities supply Navistar with chassis and power train components and systems for the company's medium and heavy truck applications, including plants in Bessemer and Columbiana, Ala ALA aminolevulinic acid. Ala alanine. ala (a´lah) pl. a´lae [L.] a winglike process. ., Biscoe, N.C., and Berlin and Menomonee Falls Menomonee Falls (mənŏm`ənē), village (1990 pop. 26,840), Waukesha co., SE Wis., on the Menominee River; inc. 1892. Wire, metal, paper, concrete, plumbing fixtures, furniture, fiberglass products, machine tools, steel, and aluminum , Wis. Citation sold its aluminum diecasting and machining operations in March to automotive systems See ITS, embedded system, drive-by-wire, adaptive cruise control, collision avoidance system, autonomous vehicle, heads-up display, DSRC, lane departure system, CAN bus, FlexRay and SYNC. supplier Compass Automotive Group Inc., Franklin, Ind. In August 2008, Citation CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Doug Grimm said the company intended to reduce its reliance on the automotive market and seek other opportunities, specifically in the railroad, wind power, construction and agriculture markets. Since undergoing a recapitalization Recapitalization Restructuring a company's debt and equity mixture often with the aim of making a company's capital structure more stable. Notes: Companies often want to diversify their debt-to-equity ratio to improve liquidity. in March 2007, Citation has closed two primarily automotive plants, one in Butler, Ind., and the other in Lufkin, Texas. Approximately four months ago, Citation purchased lost foam supply company Foseco-Morval, Bessemer, Ala. Today, Citation employs 1,533 at 11 manufacturing facilities in Alabama, Indiana, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. and Wisconsin. |
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