John Deere Praises Lord Corp. as Partner-Level Supplier

Wed April 26, 2006 - Southeast Edition

Lord Corporation has earned recognition as a top supplier from John Deere in its Achieving Excellence program.

The award, presented at a banquet on March 8 in Davenport, IA, recognizes the Cary, NC-based Lord as a “2005 Partner-Level Supplier,” John Deere’s highest supplier rating. Suppliers who participate in the Achieving Excellence program are evaluated annually in several categories, including quality, delivery, cost management, technical support and wavelength, which is a measure of responsiveness.

Lord is one of six direct suppliers at the Waterloo plant that have performed at the level required to achieve this recognition. John Deere initiated the program in 1991 to provide a supplier evaluation process that promotes continuous improvement.

“Our service to John Deere goes beyond simply providing products, rather finding solutions for their unique needs through a collaborative engineering approach,” said Rick McNeel, president of Lord. “This award recognizes our commitment to continuous improvement and customer service.”

According to Ginny Hopkins, production buyer at the Waterloo assembly plant, the partner-level suppliers have a huge impact on the success of John Deere.

Tracy Geltz, commodity buyer for the John Deere Construction and Forestry Division, added that John Deere dedicates the time and financial support to recognize partner-level suppliers for their commitment to the principles that create a successful value chain.

Lord is a supplier for a variety of construction and agricultural equipment manufactured by John Deere. The partner-level status allows Lord to be given first consideration for new business, and eligibility to participate in John Deere’s training programs.

Lord is a privately held company that designs, manufactures and markets devices and systems to manage mechanical motion and control noise and vibration; formulates, produces and sells general purpose and specialty adhesives and coatings; and develops products and systems using magnetically responsive technologies. With manufacturing in eight countries and offices in more than 15 major business centers, Lord employs more than 2,400 worldwide.

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