Air Products Receives Pinnacle Award from Lucent Technologies for Global Supply of Gases and Equipment

Strategic Insights -

Lucent Technologies' Microelectronics Group has named Air Products and Chemicals, Inc. the first-ever recipient of its Pinnacle Award for the global supply of gases and equipment. This achievement demonstrates Air Products' exceptional performance in delivering high-quality products and services to Lucent's manufacturing facilities worldwide. The Pinnacle Award is a testament to Air Products' ability to understand and respond to Lucent's unique needs, providing superior technologies that enable the company to compete effectively in world markets.

Key Takeaways:

  • Air Products received the Pinnacle Award from Lucent Technologies for the first time, recognizing its exceptional performance in global supply of gases and equipment.
  • To be honored with the Pinnacle Award, a supplier must achieve a rating score between 90 and 100 for two consecutive six-month rating periods.
  • Air Products scored the highest rating among all gas and chemical suppliers, with a rating score of 100, between April 1999 and September 1999, and October 1999 and March 2000.
  • The Pinnacle Award is based on Lucent's Total Cost of Ownership Supplier Rating Matrix, which considers various criteria such as technology, delivery, quality, service, and price.
  • Marcia D. Goroski, Air Products' strategic account manager for Lucent, stated that the achievement reflects Air Products' unique ability to understand and respond to Lucent's needs.

Statistics:

  • Air Products' 1999 worldwide sales exceeded $600 million.
  • The company has operations in over 30 countries and annual revenues of $5 billion.
  • Air Products has 17,000 employees worldwide.
  • Lucent Technologies' Microelectronics Group designs and manufactures integrated circuits and optoelectronic components for the computer and communications industries.
  • The group's manufacturing facilities are located in Allentown, Breinigsville, and Reading, Pennsylvania; Orlando, Florida; and Madrid, Spain.

Sources:

  • PRNewswire, Aug. 21 [no date]
  • Air Products and Chemicals, Inc. website (www.airproducts.com)
  • Lucent Technologies Microelectronics Group website (www.lucent.com/micro)