Sunday, February 19, 2012

Ford honored for support of women-owned business

 Ford Motor Company spent $1.06 billion with women-owned suppliers in the U.S., a 22 percent increase from $866 million in 2010. Since 2009, Ford has more than doubled its sourcing with women-owned businesses.was named as one of America's top corporations for its support of women-owned suppliers by theWomen's Business Enterprise Council for i13th annual listing of America's Top Corporations for Women's Business Enterprises.  It is the first time an automaker has earned the award.
  Ford earned the award for developing and driving innovative best practices across its organization that result in productive business partnerships with women entrepreneurs and valuable products and services for their customers. The increase in 2011 includes higher spending with suppliers that are playing roles in Ford's expanding portfolio of high-quality, safe, fuel-efficient products equipped with smart technologies. 

  "Building a financially healthy, diverse supply base is a central part of the Ford purchasing strategy," said Tony Brown, group vice president, Ford Global Purchasing. "We are proud to receive this recognition, and we hope it brings renewed attention to this important segment of our supply base," he said.
 The list of women-owned suppliers tapped by Ford include Dura Automotive Systems of Auburn Hills owned by Lynn Tilton's Patriarch Partners investment company. Dura, which makes a variety of control systems, engineered assemblies and other products, supplies the award-winning heated power rear window for the F-150 pickup Another  isSystrandy Manufacturing, a Brownstown owned b Sharon Cannarsa. Systrand is producing machined parts for the next generation Ford's hybrid transmission that will be used in the new Ford Fusion Hybrid and C-MAX Energi plug-in hybrid. Another is Dakkota Integrated Systems, owned by Andra Rush and based in Holt. Dakkota won a contract to produce fascias and headliners for th  redesigned Ford Explorer, which more than doubled sales in 2011 from 2010, finishing the year with 135,704 units sold in the U.S. By Joseph Szczesny


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