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VC Visteon Corporation

115.00
3.83 (3.45%)
After Hours
Last Updated: 22:33:59
Delayed by 15 minutes
Share Name Share Symbol Market Type
Visteon Corporation NASDAQ:VC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.83 3.45% 115.00 114.28 115.67 115.24 111.99 112.38 331,018 22:33:59

Visteon Receives Award for Product Made in Sandusky

19/03/2004 3:16pm

PR Newswire (US)


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Visteon Receives Award for Product Made in Sandusky SANDUSKY, Ohio, March 19 /PRNewswire/ -- Visteon Corporation won the 2004 Automotive News PACE (Premier Automotive Supplier's Contribution to Excellence) Award for its Long Life Filtration, zero-maintenance air filter. The filter is manufactured at Visteon's Sandusky plant. Joy Greenway, Visteon's global director for powertrain products, accepted the award at a ceremony held recently at the Detroit Opera House. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) Visteon's Long Life Filtration System is an innovative, patented system that does not have to be replaced for at least 150,000 miles, or longer than the normal life of most vehicles. The auto industry's first original equipment zero-maintenance long life filter, this air induction system contains a reticulated foam filter that traps more than 300 grams of dust, salt, moisture and other corrosives. It delivers a 150,000- to 200,000-mile filter life, eliminating theneed for replacement filters. "Visteon is truly honored to be a PACE award winner," said Ed Lyghtel, plant manager of Visteon's Sandusky plant. "I am particularly proud of our people. Their dedication and teamwork are major contributions to Visteon's ability to deliver innovative new products to its customers." Larry Duncan, shop chairman for United Auto Workers Local 1216, congratulated the Sandusky workers for their role in the award. "This is an example of what Visteon can achieve through thecollaboration of innovative product development and a quality work force," Duncan said. Long Life Filtration was introduced last year on the Ford PZEV Focus for sale in California, Massachusetts and New York, where automotive emission regulations are stricter than those established by the U.S. Environmental Protection Agency. PZEV stands for Partial Zero Emission Vehicle, which is one of several levels of lower-emission vehicles recognized by the California Air Resources Board. The PZEV Focus is now available in all 50 states. This unique system solution reduces manufacturer warranty costs associated with air filter service and can save consumers as much as $150 or more over the life of the vehicle. Because this system doesn't require regular maintenance attention, there is a great deal of flexibility in packaging the system within the vehicle. The entire air induction system could be placed in another section of the vehicle, freeing up valuable space near the engine. Visteon Chairman and Chief Executive Officer Peter J. Pestillo also commended the company's product development and manufacturing teams for winning the PACE award. "This demonstrates our ability to listen to our customers, then bring together our engineering and manufacturing resources to deliver industry-advancing innovation in a fast, flexible and flawless manner," Pestillo said. The Automotive News PACE Award recognizes supplier innovation in process and product. The awards are designed to recognize companies in theautomotive industry that have delivered innovation to meet the needs of automakers and consumers. This is the second time in the last three years that Visteon innovations have been among the finalists or award winners for this prestigious industry award. Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has approximately 72,000 employees and a global delivery system of more than 200 technical, manufacturing, sales, and service facilities located in 25 countries. http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE: Visteon Corporation CONTACT: Robin Pannecouk of Visteon Corporation, +1-313-755-9121, Web site: http://www.visteon.com/

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