|Standex's Spincraft Earns Gold Supplier Status with United Technologies Corporation|
SALEM, N.H., Apr 12, 2010 (BUSINESS WIRE) --Standex International Corporation(NYSE:SXI) today announced that its Spincraft business' Massachusetts operation, which is one of two manufacturing plants providing engineered solutions to the aerospace, aviation, marine and energy industries, has been awarded "Supplier Gold" status by United Technologies Corporation (NYSE:UTX) for its work with UTC's Pratt & Whitney division. UTC's Supplier Gold program was established to "facilitate and accelerate superior supplier performance and to recognize suppliers for their exceptional performance."
To achieve Supplier Gold status, Spincraft demonstrated excellence in quality and delivery; received high customer feedback scores in areas such as cost, quality and customer service; and passed UTC's stringent on-site Lean assessment. Only 87 of UTC's 50,000 suppliers have achieved Supplier Gold status, which is reevaluated annually.
"Securing UTC's 'Gold Supplier' status is a testament to the quality of Spincraft's engineering capabilities, our dedication to superior customer service and our focus on Lean and continuous improvement," said Spincraft President Len Paolillo. "We have enjoyed a long business relationship with Pratt & Whitney and that has enabled us to consistently meet their needs and provide technical and commercial solutions along with exceptional customer service. We are honored by this recognition and we look forward to continuously enhancing our performance for Pratt & Whitney, other United Technologies companies, and all of our valued customers."
Spincraft is part of Standex International's Engineering Technologies Group, with more than nine decades of engineering, manufacturing and fabrication excellence. The company consists of two state-of-the-art plants, staffed with highly trained engineers and metal-working experts. Spincraft's Quality Systems, and Continuous Improvement programs ensure all parts leaving the company's factories meet the highest standards and specification requirements set forth by customers, utilizing the most efficient processes. Spincraft supports the aerospace, aviation, energy and defense markets. The company's assemblies, sub-assemblies and component hardware can be found in today's most advanced space launch vehicles, commercial and military aircraft, land-based gas turbines, nuclear Submarines and more. For additional information, please visit http://www.spincraft.net.
Standex International Corporation is a multi-industry manufacturer in five broad business segments: Food Service Equipment Group,Air Distribution Products Group, Engineering Technologies Group,Engraving Group and the Electronics and Hydraulics Products Group with operations in the United States, Europe, Canada, Australia, Singapore, Mexico, Brazil and China. For additional information, visit the Company's website at www.standex.com.
SOURCE: Standex International Corporation
Standex International Corporation