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THE NEWS : PRESS RELEASE
03.28.07
Summit Energy Services Named a Top Supplier by Eaton
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One of the 12 receiving highest honors was Summit Energy Services,
Inc., of Louisville, Ky., which assists Eaton in procurement and management
of electricity and natural gas. Summit Energy was recognized for outstanding
support of Eaton’s effort to reduce energy consumption, manage
risk, and expand its global energy management program. The company
was also recognized last year as a Premier Supplier.
Richard B. Jacobs, Eaton’s vice president–Supply Chain
Management, said, “We have thousands of suppliers, and we evaluate
them on quality, productivity, innovation, and technology. The companies
we are honoring with these awards excel in these critical categories. ”
The award winners fall within one of three supplier categories: Direct,
Indirect, or Logistics. Direct Materials suppliers are those that
provide goods used directly in the making of products (e.g., bearings,
gaskets, seals, castings, machined components, subassemblies); Indirect
Materials and Services suppliers provide goods used to make products
or support the business (e.g., cutting fluid, maintenance and repair,
office supplies, packaging) and Logistics suppliers handle the transportation
of goods inbound from suppliers and outbound to customers.
“These suppliers are the very best in our global supply base,” Jacobs
said. “They make a real contribution to the continuing success
of our business. ”
With this award Eaton recognizes Summit Energy 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.
Steve Wilhite, CEO of Summit Energy, said, “We are honored to have been named one of Eaton Corporation’s top suppliers for two years in a row, especially receiving highest honors this year from among the thousands of suppliers working with Eaton across the globe. This award tells us that we are operating in a way the best meets our clients’ needs. Our entire staff is committed to excellence, and it means a lot to be recognized like this for our efforts. We value our ongoing relationship with Eaton and will continue to provide the quality of service that they have come to expect from us.”
About Summit Energy
Summit Energy is a pioneering provider of energy management services
for business and industry. Summit manages more than $12 billion annually
for more than 130 corporate clients in industries ranging from aerospace
and automotive to government, chemical, food manufacturing, pharmaceuticals,
healthcare and others. Its growing staff of more than 230 energy professionals
is headquartered in Louisville, Kentucky, with additional offices
in Houston, TX, Belgium, Italy, France, Germany and The Netherlands.
They serve clients with sites all over the globe. For more information,
visit www.summitenergy.com.
About Eaton Corporation
Eaton Corporation is a diversified industrial manufacturer with 2006
sales of $12.4 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 60,000 employees and sells products to customers in more than
125 countries. For more information, visit www.eaton.com.
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