Award recognizes suppliers who improve 3M’s competitiveness
St. Paul, Minn., August 15, 2018 – New Era Converting Machinery, Inc., a leading manufacturer of purpose-built web converting equipment, was honored with the 2017 3M Supplier of the Year Award in recognition of the company’s contribution to improving 3M’s competitiveness.
This year, 3M recognized 16 suppliers — among thousands in its global supply base — for world class performance in providing products and/or services. These suppliers were identified and rated based on strategic spend, contract compliance, actions taken to improve 3M’s relevance and overall supplier performance (quality, delivery, responsiveness, cost, technology roadmaps). An awards ceremony will be held October 3, 2018 at the 3M Innovation Center.
“3M is a valued customer and we are honored to be recognized as supplier of the year for Capital Projects,” said Frank Lembo, CEO of New Era. “We have enjoyed a great relationship with 3M and aim to continue that partnership for many years.”
“Supplier collaboration is critical to supply chain success,” said Debora Fronczak, vice president, 3M Strategic Sourcing. “We are fortunate to work with great suppliers who are committed to fostering a relationship with 3M. These partnerships help us to serve our customers with innovative and valuable solutions. It’s important that we recognize our most outstanding suppliers, and that’s what this award is all about.”