Lear Corporation Hall of Fame Supplier
KOA Speer Electronics, Inc. was named as a Lear Corporation Hall of Fame Supplier for its superior performance in quality, service, technology and competitiveness. KOA Speer received its award during a recent ceremony and luncheon honoring the winners of the ninth annual Hall of Fame Awards program. The Lear Hall of Fame Supplier Awards began in 1998 as a way to recognize the best-in-class suppliers to Lear's North American operations. Since the program's inception, more than 50 awards have been presented to Lear suppliers. More than 2,400 suppliers to Lear are eligible and award-winners are selected using the Lear Supplier Rating System, which measures performance in the key areas of quality, service, technology and competitiveness. As a global leader in surface mount passive components, KOA Speer Electronics, Inc. enjoys a leading position as the resistor supplier to Lear Corporation. The Bradford, Pennsylvania, based company is but one part of the KOA umbrella corporation based in Japan that serves Lear in each region in which it does business. World-class logistics enable KOA to ship hundreds of unique part numbers in volumes into the millions per month with a near flawless delivery record. KOA's focus and execution on quality ensure that rejected products are measured in parts per billion, KOA sets the standard at Lear for all other electronic component suppliers to follow. In recognition of KOA's continued support to Lear, this is the second year in a row that KOA has been awarded the Supplier Hall of Fame Award.