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23rd May 2005 - Federal-Mogul Receives First-Ever Polk Inventory Efficiency Award Federal-Mogul Corporation is the first-ever Manufacturer to receive the Inventory Efficiency Award from R. L. Polk & Co., for its Local Inventory Management system. The Polk Inventory Efficiency Award recognizes and rewards outstanding aftermarket companies for process improvements that drive improved inventory efficiency. Jay Burkhart, vice president global marketing and brand strategy for Federal-Mogul accepted the award at the 2005 Global Automotive Aftermarket Symposium held in Chicago on May 11. "The Polk Efficiency Award recognizes the outstanding efforts of our sales administration and product application teams in developing tools to assist local distributors, jobbers and service providers," said Burkhart. "Federal-Mogul's sales force is unmatched in providing customer support such as inventory tailored to the local market." The award was presented by Stephen Polk, chairman, president and CEO, Mike Gingell, vice president of strategic markets and Joe Adrid, account director, R. L. Polk & Co. "The award is about more than just rewarding industry-leading inventory management," said Gingell. "It's about driving best practices and harboring a spirit of collaboration within the industry." About Federal-Mogul Federal-Mogul is a leading global automotive supplier offering a comprehensive portfolio of quality products and trusted brands. Headquartered in Southfield, Michigan, the Company employs more than 45,000 people in 31 countries. The Company's principal customers include many of the world's foremost original equipment manufacturers of vehicles and industrial products, and aftermarket retailers and wholesalers. Federal-Mogul's products are sold under a variety of power brands, including but not limited to, AEŽ engine products, ANCOŽ wipers, ChampionŽ spark plugs and wipers, Fel-ProŽ gaskets, FerodoŽ brake pads, GlycoŽ bearings, GoetzeŽ piston rings, MoogŽ chassis products, NationalŽ wheel-end components, NuralŽ pistons, PayenŽ gaskets, Sealed PowerŽ engine products and WagnerŽ lighting and brake products. For more information on Federal-Mogul, visit the company's Web site at http://www.federal-mogul.com. Source: Federal-Mogul Press Release |