GM Recognizes Tenneco for Performance, Quality, and Innovation

Lake Forest, Illinois – Tenneco Inc. (NYSE:TEN), a global supplier of Ride Performance, Clean Air and Aftermarket products and systems, was named a GM Supplier of the Year by General Motors during its 26th annual Supplier of the Year awards ceremony, held Friday, April 20, in Orlando, Florida

GM recognized 132 of its best suppliers from 17 countries who have consistently exceeded GM’s expectations, created outstanding value, or brought innovations to the company. The announcement represented the most suppliers GM has recognized since debuting the Supplier of the Year event in 1992. Tenneco earned two Supplier of the Year awards at the ceremony – one each for its Clean Air and Global Elastomer teams. The award was the second in three years for the elastomers team, which was also recognized as a GM Supplier of the Year in 2016.

“This is an opportunity for General Motors to honor those suppliers who are truly the best of the best,” said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain.  “The automotive industry is transforming at an incredible rate. The relationships we have with our supply base means everything when it comes to delivering a strong vehicle lineup today and the cutting-edge vehicles and mobility services of tomorrow.”

More than 45 percent this year’s Supplier of the Year awardees are repeat winners from 2016.

GM’s Supplier of the Year award is reserved for suppliers who distinguish themselves by meeting performance metrics for quality, execution, innovation, and total enterprise cost.  Award winners represent companies who provide products and services to General Motors in the areas of vehicle components, supply chain and logistics, customer care and aftersales, and indirect services.

“We’re extremely honored to receive this important recognition from General Motors for our Clean Air and Elastomers teams,” said Brian Kesseler, chief executive officer, Tenneco. “This award demonstrates Tenneco’s commitment to partnering with our customers to deliver world-class products and solutions.”

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About Tenneco - Aftermarket EMEA

About Tenneco   
Headquartered in Lake Forest, Illinois, Tenneco is one of the world’s leading designers, manufacturers and marketers of Ride Performance and Clean Air products and technology solutions for diversified markets, including light vehicle, commercial truck, off-highway equipment and the aftermarket, with 2017 revenues of $9.3 billion and approximately 32,000 employees worldwide.  
 
On October 1, 2018, Tenneco completed the acquisition of Federal-Mogul, a leading global supplier to original equipment manufacturers and the aftermarket with nearly 55,000 employees globally and 2017 revenues of $7.8 billion.  Additionally, the company expects to separate its businesses to form two new, independent companies, an Aftermarket and Ride Performance company as well as a new Powertrain Technology company, in late 2019.

About the Future Aftermarket and Ride Performance Company
Following the separation, the aftermarket and ride performance company will be one of the largest global multi-line, multi-brand aftermarket companies, and one of the largest global OE ride performance and braking companies.  The aftermarket and ride performance company’s principal product brands will feature Monroe®, Walker®, Clevite®Elastomers, MOOG®, Fel-Pro®, Wagner®, Champion® and others. The Aftermarket and Ride Performance company would have 2017 pro-forma revenues of $6.4 billion, with 57% of those revenues from aftermarket and 43% from original equipment customers. 
 
About the Future Powertrain Technology Company
Following the separation, the powertrain technology company will be one of the world’s largest pure-play powertrain companies serving OE markets worldwide with engineered solutions addressing fuel economy, power output, and criteria pollution requirements for gasoline, diesel and electrified powertrains. The powertrain technology company would have 2017 pro-forma revenues of $10.7 billion, serving light vehicle, commercial truck, off-highway and industrial markets.
 

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