Lear Corporation, a leading global supplier of automotive seating and electrical distribution systems, has announced the presentation of the Lear “Supplier of the Year” Award, the highest honor Lear can bestow upon a supplier, to KOA Speer Electronics and twelve other suppliers, based on their outstanding performance during 2012.

This year’s Award recipients demonstrated excellence in quality, innovation, delivery, service and competitiveness during 2012. In addition, this year Lear presented its first award to honor a supplier for their significant contributions to the community.

“The suppliers we recognized today performed at the highest levels during 2012,” said Matt Simoncini, Lear’s President and Chief Executive Officer.  “Providing the best possible cost, quality and value to our customers requires the hard work of thousands of Lear employees working together with all of our suppliers.  We truly appreciate the tremendous support we receive from our supplier partners, and I would like to especially thank this year’s award winners,” added Simoncini.

In 2012, KOA Speer shipped more than 1 billion parts to Lear with zero parts rejected globally. This is KOA’s 4th award since 2005. KOA Speer is the world’s second largest resistor supplier and is known worldwide for their expertise in product performance and quality. For several years running, KOA has provided Lear outstanding customer support, superior quality and continues to support Lear’s push for technological innovation.

For more information on KOA Speer, visit www.koaspeer.com.