ZEELAND, Mich., May 17 /PRNewswire-FirstCall/ -- Gentex Corporation
(Nasdaq: GNTX), the U.S.-based supplier of automatic-dimming mirrors to the
worldwide automotive industry, has received the "Excellence Quality
Performance Award" from Toyota Motor Manufacturing North America (TMMNA).
This is the fourth year in a row Gentex was recognized by Toyota for exceeding
their quality requirements, and the first time Gentex received the Excellence
Award. Gentex was one of thirty-nine (39) suppliers recognized for meeting
Toyota's highest standards in quality, delivery and value improvement for
parts and materials in 2004.
The award was presented to Gentex at Toyota's recent Annual Business
Meeting and Awards Ceremony, which brought together the automaker's
approximately 500 North American suppliers to share expectations for the
coming business year and to recognize outstanding supplier performance.
Gentex supplies Toyota with interior and exterior automatic-dimming
mirrors, which automatically darken to reduce glare from the headlamps of
vehicles approaching from the rear. The brighter the glare, the darker the
mirrors become, making nighttime driving safer.
"As Toyota continues to grow in North America, our suppliers are
challenged to meet Toyota's high standards on an even greater scale," said
Osamu "Simon" Nagata, vice president of purchasing for TMMNA, located in
Erlanger, Kentucky. "Toyota's success here is directly linked to the success
of our suppliers."
Gentex was also recently recognized by New United Motor Manufacturing,
Inc. (NUMMI), and received an "Excellence Award - Triple Crown" for meeting or
exceeding NUMMI requirements for Quality, Cost and Delivery. Gentex was one
of just twenty-six (26) NUMMI direct material suppliers receiving awards for
the 2004 calendar year performance. NUMMI is a joint venture between Toyota
and General Motors.
"Toyota vehicles are the industry's benchmark in virtually every product
category, so it's especially meaningful to be recognized by Toyota for
quality," said Garth Deur, Gentex executive vice president. "It is also
important to note that Gentex supplies to Toyota plants in Japan through
TMMNA, where the quality requirements are among the highest."
Founded in 1974, Gentex Corporation (Nasdaq: GNTX) is an international
company that provides high-quality products to the worldwide automotive
industry and North American fire protection market. Based in Zeeland,
Michigan, the Company develops, manufactures and markets interior and exterior
automatic-dimming automotive rearview mirrors that utilize proprietary
electrochromic technology to dim in proportion to the amount of headlight
glare from trailing vehicle headlamps. Many of the mirrors are sold with
advanced electronic features, and approximately 96 percent of the Company's
revenues are derived from the sales of auto-dimming mirrors to nearly every
major automaker in the world.
SOURCE Gentex Corporation
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Related links:
http://www.gentex.com
CONTACT:
FINANCIAL MEDIA AND INVESTOR CONTACT: Connie
Hamblin, +1-616-772-1800, or GENERAL MEDIA CONTACT: Craig
Piersma, +1-616-772-1800, both of Gentex Corporation
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