Fountain Inn, SC, July 27, 2017 (GLOBE NEWSWIRE) -- AVX Corporation, a leading manufacturer and supplier of passive components and interconnect solutions, was recently honored with a 2017 Bosch Global Supplier Award from Robert Bosch GmbH, a leading global supplier of technology and services. This year’s ceremony took place on Wednesday, July 12, in Stuttgart, Germany, and marked the fifteenth anniversary of the biennial Bosch Global Supplier Awards, which recognize outstanding manufacturer and supplier performance with regard to the quality, cost, innovation, and logistics of products and services in six categories: innovation, raw materials and components, electronics and electromechanics, mechanics, commercial goods, and indirect packaging. AVX’s Senior Vice President of Sales, Pete Venuto, and Kiyohiro Ariumi, the director of Kyocera Corporation’s Corporate Sales Group, attended the ceremony and accepted the award.
AVX received a 2017 Bosch Global Supplier Award in the electronics and electromechanics category, and is one of only 44 suppliers from 11 countries to have been recognized with this year’s award, which honors suppliers for having provided sustained, outstanding performance throughout both 2015 and 2016. The theme of this year’s award ceremony was “Partners in Success,” which harkens to the fact that Bosch views its suppliers as partners in development and innovation, and as critical elements in maintaining a competitive edge in the industry, rather than as mere delivery personnel. Currently, the Bosch Group’s purchasing and logistics volume amounts to some 60% of its total sales, and most of the purchases are of electronic and mechanical components.
“Bosch’s success is based in no small part on competitiveness, innovative strength, and agility — qualities we can achieve only with fruitful international partnerships,” said Dr. Karl Nowak, president of the Bosch corporate sector for purchasing and logistics.
“We are honored to have been recognized with a 2017 Bosch Global Supplier Award, and pledge to continue exceeding expectations with regard to the quality, pricing, reliability, technological innovation, and delivery of the many electronic components that we manufacture and supply for Bosch, as well as all of our other valued supply chain partners,” said Pete Venuto, senior vice president of sales, AVX.
For more information about AVX, please visit www.avx.com, call 864-967-2150, or write to One AVX Boulevard, Fountain Inn, S.C. 29644.
About AVX
AVX Corporation is a leading international manufacturer and supplier of electronic passive components and interconnect solutions with 20 manufacturing and warehouse facilities in 11 countries around the world. AVX offers a broad range of devices including capacitors, resistors, filters, timing and circuit protection devices, and connectors. The company is publicly traded on the New York Stock Exchange (NYSE:AVX).
A member of the Kyocera Group since 1990, AVX is also the only company authorized to supply Kyocera’s electronic devices to the Americas and Europe. Established in 1959 and based in Kyoto, Japan, Kyocera Corporation is a leading international supplier of connectors, capacitors, ceramic resonators, surface acoustic wave (SAW) filters and duplexers, and crystal oscillators and timing devices.
About Bosch
The Bosch Group is a leading global supplier of technology and services. The company employs roughly 390,000 associates worldwide (as of December 31, 2016) and generated sales of 73.1 billion euros in 2016. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT company, Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected industry. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to create solutions for a connected life, and to improve quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. At 120 locations across the globe, Bosch employs 59,000 associates in research and development. Additional information is available online at www.bosch.com, www.bosch-press.com, http://twitter.com/BoschPresse. Exchange rate: 1 EUR = $1.1069
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Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/6fa148b9-480e-46bd-9488-d2f571e9e86f