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THE NEWS : PRESS RELEASE
04.17.06
Summit Receives Supplier Excellence Award from Eaton
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Diversified industrial manufacturer Eaton Corporation honored 42
of its best suppliers at its first Supplier Awards Program on March
29 at the downtown Cleveland Marriott.
Among the award winners was Summit Energy, who received recognition
from Eaton for their work related to energy management services. For
over a decade, the company has provided Eaton with energy management
services, including tariff analysis, strategic sourcing and price
risk management.
Richard B. Jacobs, Eaton’s Vice President of Supply Chain Management,
said, “All 42 winners provided exceptional value to Eaton across
a number of dimensions including quality, productivity, innovation
and technological advancements.”
The award winners fall within one of three supplier categories: Direct,
Indirect or Logistics. Direct Materials suppliers are those which
provide goods used directly in the making of products (i.e., bearings,
gaskets, seals, castings); Indirect Materials and Services suppliers
provide goods used to make products or support the business (i.e.,
cutting fluid, maintenance repair, office supplies) and Logistics
suppliers handle the transportation of goods inbound from the supplier
and outbound to customers, as well as indirect package transportation.
“These suppliers are the best among the thousands in our global
supply base”, Jacobs continued. “We are pleased to recognize
them for their contributions to our business.”
Jim Headlee, CEO of Summit Energy, stated “We are honored to have been named one of
Eaton Corporation’s top suppliers; it means a tremendous amount to our staff to be recognized
in this fashion. We look forward to our ongoing relationship with the great people at Eaton.”
About Summit Energy
Summit Energy is a pioneering provider of energy management services
for business and industry. Summit manages over $7Billion annually
for more than 100 corporate clients in industries ranging from aerospace
and automotive to government, chemical, food manufacturing, pharmaceuticals,
healthcare and others. Its growing staff of 150 energy professionals
is based in Louisville, Kentucky, and they serve clients in all 50
U.S. states as well as Canada, Mexico, Puerto Rico and Europe. For
more information, visit www.summitenergy.com.
About Eaton Corporation
Eaton Corporation is a diversified industrial manufacturer with 2005
sales of $11.1 billion. Eaton is a global leader in electrical systems
and components for power quality, distribution and control; fluid
power systems and services for industrial, mobile and aircraft equipment;
intelligent truck drivetrain systems for safety and fuel economy;
and automotive engine air management systems, powertrain solutions
and specialty controls for performance, fuel economy and safety. Eaton
has 59,000 employees and sells products to customers in more than
125 countries. For more information, visit www.eaton.com.
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