Magnetek Awarded 2014 Premier Supplier of the Year by Joy Global
June 18, 2015 | By Business Wire News
MENOMONEE FALLS, Wis.
Magnetek, Inc. (NASDAQ: MAG), a leading designer and manufacturer of digital power and motion control systems used in mining applications, has been awarded 2014 Premier Supplier of the Year status by Joy Global Inc. This is the second year Joy Global has recognized Magnetek from its nearly 4,000 suppliers. As one of only 26 North American underground recipients, Magnetek represents best in industry quality, delivery, and value as identified by Joy Global. Those companies receiving the award achieved target metrics for quality of 99.7% or better, on-time delivery of 95% or better, material productivity and a successful long-term relationship with Joy Global.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150618005063/en/
Magnetek Receives Premier Supplier Award from Joy Global. From left: Erica Brennan, Magnetek; Bob Caracci, Joy Global; Joe Ley, Magnetek (Photo: Business Wire)
“We are proud to be recognized for a second year by Joy Global for our dedication to providing high quality products at a good value, and meeting the needs of their business,” said Peter McCormick, president and chief executive officer for Magnetek.
About Joy Global
Joy Global Inc. is a worldwide leader in high-productivity mining solutions. Through its market-leading P&H and Joy brands, Joy Global manufactures, markets, and services original equipment and support parts for the surface and underground mining industries. Joy Global’s products and related services are used extensively for the mining of coal, copper, iron ore, oil sands, gold and other mineral resources. Based in Milwaukee, Wis., Joy Global has locations in more than 20 countries worldwide.
About Magnetek
Magnetek, Inc. provides digital power and motion control systems used in mining, elevator and overhead material handling applications. The Company is a leading independent supplier of digital motion control systems for underground coal mining applications, including drives and wireless radio controls. Magnetek is the world’s largest independent builder of highly integrated digital motion control systems for high-rise, high-speed elevators. The Company is North America’s largest supplier of digital drive systems for industrial cranes, hoists and monorails. Magnetek also provides Energy Engineered® radio remote controls, motors, and braking and collision avoidance subsystems to North America’s foremost overhead material handling crane builders. Headquartered in Menomonee Falls, Wis., in the greater Milwaukee area, the Company operates manufacturing facilities in Pittsburgh, Pa., and Bridgeville, Pa., as well as Menomonee Falls.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150618005063/en/
Magnetek, Inc.
Ed Butte, 262.252.2905
Director, Elevator & Mining
ebutte@magnetek.com
or
Lynn Bostrom, 262.252.2903
Director, Marketing Communications
lbostrom@magnetek.com
