Essex Magnet Wire Receives “Supplier of the Year” Award from DENSO

FORT WAYNE, IN — Essex Magnet Wire, the largest global manufacturer of magnet and winding wire, was honored with a 2017 North American Supplier of the Year Award from DENSO, a leading global automotive supplier that is shaping the future of mobility. Essex received the Diamond Award, the highest honor DENSO bestows on any supplier. It recognizes the exceptional contributions Essex has made to the quality, service, innovation and value DENSO provides to its customers.

“We are grateful for this award and will strive to improve our performance with DENSO globally in the future, including emerging applications for hybrid/electric vehicles and autonomous driving,” said Baber Inayat, Vice President of the Automotive Business Unit for Essex. “I’d also like to recognize the special contribution by the Active fabrication business of Essex Brownell in generating substantial value engineering savings for DENSO.”

Now in its third year, DENSO’s Supplier of the Year Awards are given to companies that demonstrate outstanding performance, a deep commitment to exceptional quality and a willingness to collaborate in advancing automotive products, services and technologies. Essex supplies magnet wire and insulation to DENSO in North America, Europe, Asia and Japan.

“DENSO’s products and systems are an important part of nearly every major vehicle make and model around the world. Suppliers like Essex are instrumental to our continued success as we work toward creating a future of mobility that is safer, sustainable and more convenient for everyone,” said Tom Metevier, Senior Manager of North American Purchasing for DENSO. “Together in 2017, Essex and DENSO achieved substantial savings on magnet wire and insulating materials through value engineering activities. The overall product quality and performance was maintained or improved, but with significantly lower costs.”

About Essex Magnet Wire, A Superior Essex Company

Essex Magnet Wire is the leading, global provider of magnet wire that is used by most major original equipment manufacturers (OEMs) and industry leaders in the automotive, energy, and industrial sectors. Essex Magnet Wire has facilities in 11 countries, on three continents, and operates its business to act globally but serve locally. Having 90 years of experience allows Essex Magnet Wire to deliver innovation that customers demand while being vertically integrated in the manufacturing process to ensure quality and provide seamless delivery services from distribution centers around the world. The Essex MagForceX® Innovation Center is furthering technological advancements in magnet wire through research and development that will provide custom solutions to costumer challenges into the future. For more information, visit essexwire.com.

About DENSO

DENSO is a $47.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in worldwide 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.9 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2020. For more information about global DENSO, visit DENSO.com.