Corning Incorporated (NYSE:GLW) today announced that it has received a 2014 Masters of Quality Supplier Award from Daimler Trucks North America for excellence in supplying diesel particulate filters and ceramic substrates used in emissions-control systems. The awards program recognized Corning as a top quality supplier of components and services for Freightliner and Western Star truck brands.
To earn the award, Corning demonstrated outstanding performance in quality, delivery, technology and cost. Corning’s advanced substrates and filters help Daimler meet stringent emissions regulations, while also achieving excellent vehicle and engine performance.
“The Masters of Quality award winners represent the ‘best of the best’ among our suppliers and their work is crucial to our enduring success,” said Roger Nielsen, chief operating officer of Daimler Trucks North America, in a published statement.
This year marked the 28th anniversary of Daimler’s annual awards.
“We are honored to be recognized by Daimler as an outstanding supplier,” said Hal Nelson, vice president and general manager, Corning Environmental Technologies. “This award reflects the commitment of all of our employees to exceed customer expectations. We remain dedicated to continuously improving our service to Daimler and delivering advanced technology for Daimler’s future emissions-control systems.”
Corning is a leading supplier of advanced cellular ceramic substrates and particulate filters for the world's major manufacturers of gasoline and diesel engines. In the early 1970s, the company invented the economical, high-performance, cellular ceramic substrate that became the standard for catalytic converters worldwide. In 1978, Corning developed the cellular ceramic particulate filter to remove soot from diesel emissions.
Today, Corning continues to build on its 42-year legacy of advancing mobile emissions solutions to help meet demanding emissions requirements and enable cleaner, healthier air worldwide. For more information on Corning Environmental Technologies, visit: http://www.corning.com/worldwide/en/products/environmental-technologies.html
Forward-Looking and Cautionary Statements
This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning’s financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the effect of global political, economic and business conditions; conditions in the financial and credit markets; currency fluctuations; tax rates; product demand and industry capacity; competition; reliance on a concentrated customer base; manufacturing efficiencies; cost reductions; availability of critical components and materials; new product commercialization; pricing fluctuations and changes in the mix of sales between premium and non-premium products; new plant start-up or restructuring costs; possible disruption in commercial activities due to terrorist activity, armed conflict, political or financial instability, natural disasters, adverse weather conditions, or major health concerns; adequacy of insurance; equity company activities; acquisition and divestiture activities; the level of excess or obsolete inventory; the rate of technology change; the ability to enforce patents; product and components performance issues; retention of key personnel; stock price fluctuations; and adverse litigation or regulatory developments. These and other risk factors are detailed in Corning’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.
About Corning Incorporated
Corning (www.corning.com) is one of the world’s leading innovators in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to develop products that have created new industries and transformed people’s lives. Corning succeeds through sustained investment in R&D, a unique combination of material and process innovation, and close collaboration with customers to solve tough technology challenges. Corning’s businesses and markets are constantly evolving. Today, Corning’s products enable diverse industries such as consumer electronics, telecommunications, transportation, and life sciences. They include damage-resistant cover glass for smartphones and tablets; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for high-speed communications networks; trusted products that accelerate drug discovery and manufacturing; and emissions-control products for cars, trucks, and off-road vehicles.