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Press release content from Business Wire. The AP news staff was not involved in its creation.

GM Recognizes CSP and Teijin with Distinctive Innovation Award

May 21, 2019

AUBURN HILLS, Mich.--(BUSINESS WIRE)--May 21, 2019--

Continental Structural Plastics (CSP), along with its parent company Teijin Limited, were honored by General Motors with the automakers Innovation Award at its 27 th Annual Supplier of the Year awards ceremony held in Warren, Michigan.

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The CarbonPro box available on the GMC Sierra Denali has earned CSP and parent company Teijin the GM Innovation Award. (Photo: Business Wire)

Specifically, CSP and Teijin were recognized for the successful development and execution of the GMC Sierra’s CarbonPro pickup box. The industry’s first carbon fiber-reinforced thermoplastic pickup box saves 62 pounds of mass and provides unprecedented strength and durability.

“We hold our suppliers to a high bar,” said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain. “They went above and beyond to deliver the innovations and quality that will help us earn customers for life.”

CSP/Teijin were among just four suppliers to receive the coveted Innovation Award, which was chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives. Winners were selected based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales, and Logistics.

“It is exciting to be a part of an industry first, and an honor to be recognized by our customer for our innovation,” said Steve Rooney, CEO of CSP. “The CarbonPro box represents the culmination of great people and great companies coming together to create an innovative solution to a design challenge. I could not be more proud of the R&D, engineering and sales teams who have worked tirelessly to build a very strong partnership with General Motors.”

About Continental Structural Plastics

Continental Structural Plastics, a Teijin Group company, has provided leading-edge technologies in lightweight materials and composite solutions for the automotive, heavy truck, HVAC and construction industries for 50 years. Headquartered in Auburn Hills, Michigan, CSP provides full-service engineering support, and holds multiple patents covering materials development and manufacturing processes. The company has operations on three continents and more than 4,200 employees. For more information, visit cspplastics.com.

About the Teijin Group

Teijin (TSE: 3401) is a technology-driven global group offering advanced solutions in the areas of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT. The group has over 170 companies and around 20,000 employees spread out over 20 countries worldwide. It posted consolidated sales of JPY888.6 billion (USD 8.1 billion) and total assets of JPY1020.7 billion (USD 9.3 billion) in the fiscal year ending March 31, 2019. Please visit www.teijin.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190521005608/en/

CONTACT: Kim Zitny

+1 248-535-6944

kim.zitny@cspplastics.com

KEYWORD: UNITED STATES NORTH AMERICA MICHIGAN

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING CHEMICALS/PLASTICS AUTOMOTIVE AFTERMARKET PERFORMANCE & SPECIAL INTEREST GENERAL AUTOMOTIVE

SOURCE: Continental Structural Plastics

Copyright Business Wire 2019.

PUB: 05/21/2019 09:59 AM/DISC: 05/21/2019 09:59 AM

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