Share Name Share Symbol Market Type
ABC Technologies Holdings Inc TSX:ABCT Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 6.00 5.50 6.00 6.00 5.85 5.90 600 21:00:02

ABC Technologies Recognized by General Motors as Winner of Coveted Overdrive Award & Named Supplier of the Year Winner in 5 P...

07/07/2021 9:05pm

Business Wire

ABC Technologies (TSX:ABCT)
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ABC Technologies was recognized as a GM Overdrive Award winner as well as a multi-category Supplier of the Year award winner in General Motors’ 29th annual Supplier of the Year awards. ABC Technologies was one of only 26 companies to be selected for the prestigious Overdrive award in 2020, its second time being selected for the award, this time for launch excellence.

First presented in 2012, GM’s Overdrive Award is a distinction reserved for suppliers who display outstanding achievement within GM’s Global Purchasing and Supply Chain organization’s key focus areas, including sustainable value streams, total enterprise cost and profitability, safety, launch excellence, accelerating innovation and nurturing relationships.

GM also recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year in the Supplier of the Year awards. The annual awards highlight global suppliers that distinguish themselves by exceeding GM’s requirements, in turn providing GM customers with innovative technologies and among the highest quality in the automotive industry.

ABC Technologies is one of only a handful of companies in the entirety of the global automotive supplier industry to win this prestigious award 15 times and this is its 6th year in a row receiving a Supplier of the Year (SOTY) recognition from GM and 9th in the last 10 years. While ABC has won multiple SOTY awards from GM in a single year, this year ABC won in an unprecedented 5 categories – Garnish Trim, CATT (Cargo Systems), Exterior Moldings, Floor Consoles, and Wiper Systems.

“As GM works to achieve a future with zero crashes, zero emissions and zero congestion, we are proud to have innovative and dedicated suppliers around the world as partners in this mission,” said Shilpan Amin, GM vice president, Global Purchasing and Supply Chain.

“Throughout a challenging year, our suppliers have showed resilience and dedication in working toward our shared goal of long-term sustainability for our planet and the communities we serve, while meeting our present needs,” Amin said. “We are pleased with what we’ve accomplished together in the past year, and we are excited by the opportunity that lies ahead.”

The 2020 Supplier of the Year and Overdrive Award winners were selected by a global team of GM purchasing, engineering, quality, manufacturing, and logistics leaders. Winners were chosen based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales, and Logistics.

“Thank you to GM and to all our employees at ABC for this incredible award in not just one, but five categories of Supplier of the Year as well as the additional acknowledgment of our launch success with the highly sought-after GM Overdrive Award. These awards reflect the value that we deliver to GM and all our customers, but also recognizes the commitment and determination of our employees to exceed expectations in even the toughest environments. We will continue to push the organization towards greater heights in innovation, quality and service, always putting our customers first” said Todd Sheppelman, CEO and President at ABC Technologies.

About ABC Technologies

ABC Technologies is a leading manufacturer and supplier of custom, highly engineered, technical plastics and lightweighting innovations to the North American light vehicle industry, serving more than 25 original equipment manufacturer customers globally through a strategically located footprint. ABC Technologies’ integrated service offering includes manufacturing, design, engineering, material compounding, machine, tooling and equipment building that are supported by an experienced engineering team of approximately 600 skilled professionals and 6,150 employees worldwide. The Company operates in six product groups: HVAC Systems, Interior Systems, Exterior Systems, Fluid Management, Air Induction Systems, and Flexible & Other. For more information about ABC Technologies, please visit

General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which will power everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at

Nathan Barton Director, Investor Relations ABC Technologies Inc.

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