Summit Receives Supplier Excellence Award from Eaton
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.
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.
