Applied Industrial Technologies (NYSE: AIT) has beenhonored by Honda as one of their top suppliers in 2014. Honda recentlyannounced its Top 25 Supplier Awards and named Applied(Â®) as one of sixsuppliers providing Outstanding Value by recognizing their Total Cost ofOwnership. Applied was noted for providing a competitive advantage to Honda bydelivering value and innovation through cost reductions, projects and services.
“The purpose of the awards is to recognize suppliersthat are bringing us value and helping Honda to advance our capabilities anddeliver a better vehicle to our customers,” said Monica Oliverio,department manager of North American Indirect Procurement at Honda NorthAmerica, Inc. Tom Armold, Vice President – Marketing and Strategic Accounts forApplied adds, “Our service centers work closely together to make sureHonda gets outstanding value-added service for their operations, and this awardis a reflection of our exceptional commitment and associate performance.”
Applied, a three-time Honda Supplier Award winner,provides the automotive company with a wide range of innovative, efficient andreliable industrial products. Honda employs 39,000 associates in North Americaproducing Honda and Acura automobiles, Honda all-terrain vehicles and powerequipment products. In 2013, 94 percent of the Honda and Acura automobiles soldin the U.S. were produced in North America.
With more than 560 facilities and 5,700 employeeassociates, Applied Industrial Technologies is a leading industrial distributorthat offers more than five million parts to serve the needs of MRO and OEMcustomers in virtually every industry. In addition, Applied providesengineering, design and systems integration for industrial and fluid powerapplications, as well as customized mechanical, fabricated rubber and fluidpower shop services. Applied also offers maintenance training and inventorymanagement solutions that provide added value to its customers. Applied can bevisited on the Internet at www.applied.com.