Hydro wins Pinnacle Award for Supplier of the Year; 28 additional companies earn awards for performance excellenceLAFAYETTE, Ind., Oct. 30, 2020 (GLOBE NEWSWIRE) -- Wabash National Corporation (NYSE: WNC) is recognizing top suppliers for exceptional performance over the past year that supported Wabash National in fulfilling its purpose of Changing How the World Reaches You. “This year has become one for the record books,” said Richard Mansilla, Vice President, Global Procurement. “All of our supplier award winners are being recognized for their commitment to keeping Wabash National operating during some of the most challenging months of the global pandemic. When most of the economy shut down, Wabash National kept running as an essential business so our customers could keep critical goods moving from first to final mile. We couldn’t have managed through that period without the commitment of our supply chain partners.”The top award, the Pinnacle Award for Supplier of the Year, goes to Hydro, a leader in the global aluminum industry with operations in 40 countries all over the world. Hydro has supplied Wabash National with aluminum extrusions and components for over 12 years.“We’re honored to recognize Hydro as our Supplier of the Year for their commitment to growing and scaling alongside our business,” said Byron Shea, Global Category Manager. “In the past year they successfully completed tooling and PPAP of dozens of new part numbers, which was an unprecedented level of PPAP activity for any Wabash National supplier. They also launched a program to localize extrusions and fabrication of components to support growth for our truck body business on the west coast.”This is the first Pinnacle Award for Hydro and third Wabash National supplier award overall.Twenty-three companies are receiving Platinum Awards for excellence in supply chain performance. Award criteria include scorecard metrics of delivery, quality, cost and service, as well as key initiatives of logistics optimization, supporting Wabash National’s growth and accelerating innovation. Platinum Award winners are (in alphabetical order):All State FastenerMervis Industries Axalta Coating SystemsOld Dominion Freight Line Betts IndustriesRockland Flooring Clarience TechnologiesSherwin-Williams Company Dayton Freight Steel of West Virginia Dow ChemicalThe Lincoln Electric Company Engineered Components CompanyTransland Havco Wood ProductsWABCO HendricksonWebb Wheel Hutchens IndustriesWhiting Door Manufacturing Corp. Lafayette Steel SalesWiley Metal Fabrication Maverick USA In addition, Aluminum Line Products Co., Crossroads Galvanizing LLC, Lafayette Cleaning, Millhouse, and Northern Safety & Industrial / Wurth Group are receiving Distinguished Supplier Awards for outstanding customer service, business responsiveness and performance. About Wabash National Corporation As the innovation leader of engineered solutions for the transportation, logistics and distribution industries, Wabash National Corporation (NYSE:WNC) is changing how the world reaches you. Headquartered in Lafayette, Indiana, the company’s mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from first to final mile. Wabash National designs and manufactures a diverse range of products, including: dry freight and refrigerated trailers, platform trailers, bulk tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade and pharmaceutical equipment. Its innovative products are sold under the following brand names: Wabash National®, Beall®, Benson®, Brenner® Tank, Bulk Tank International, DuraPlate®, Extract Technology®, Supreme®, Transcraft®, Walker Engineered Products, and Walker Transport. Learn more at www.wabashnational.com.Media Contact: Dana Stelsel Director, Communications (765) 771-5766 email@example.com Investor Relations: Ryan Reed Director, Investor Relations (765) 771-5808 Ryan.Reed@wabashnational.com
Wabash (WNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
As of late, it has definitely been a great time to be an investor in Wabash National (WNC).