Ashland Petroleum Company Earns Quality Performance Achievement Award from Toyota Motor Manufacturing

Strategic Insights -

Ashland Petroleum Company, the largest operating division of Ashland Inc., has been recognized for its exceptional quality performance by Toyota Motor Manufacturing, U.S.A. Inc. for the second consecutive year. The company's dedicated employees have been praised for their hard work and commitment to excellence in supplying gasoline to Toyota's Georgetown, Ky. manufacturing facility. This achievement is a testament to the strong partnership between Ashland Petroleum Company and Toyota Motor Manufacturing, which has resulted in a huge success at the Georgetown plant, producing over 400,000 vehicles annually.

Key Takeaways:

  • Ashland Petroleum Company has earned the Quality Performance Achievement Award from Toyota Motor Manufacturing, U.S.A. Inc. for the second consecutive year.
  • The company's gasoline supply to Toyota's Georgetown, Ky. manufacturing facility has been recognized for its exceptional quality, delivery, and value engineering/value analysis (VE/VA) activity.
  • Toyota's Kentucky plant spends over $2 billion with U.S. parts and materials suppliers in 1995, demonstrating the significance of partnerships with high-quality suppliers like Ashland Petroleum Company.
  • The Georgetown manufacturing facility, which employs 6,000 people, has an annual production capacity of over 400,000 vehicles and produces the Camry sedan, coupe, and station wagon, as well as Toyota's new flagship sedan, the Avalon.
  • Ashland Petroleum Company is engaged in petroleum refining, wholesale marketing, and transportation from the East Coast through the Ohio River Valley and Upper Midwest.
  • The company's dedication to quality has contributed to Toyota's success in receiving three J.D. Power and Associates Gold Plant Quality Awards.

Statistics:

  • Toyota's Kentucky plant will spend over $2 billion with U.S. parts and materials suppliers in 1995.
  • The Georgetown manufacturing facility has an annual production capacity of over 400,000 vehicles.
  • Ashland Petroleum Company supplies gasoline to Toyota's Georgetown, Ky. manufacturing facility through its commitment to quality, delivery, and value engineering/value analysis (VE/VA) activity.

Sources:

  • PRNewswire: "Ashland Petroleum Company Earns Quality Performance Achievement Award from Toyota Motor Manufacturing, U.S.A. Inc. for Second Consecutive Year"
  • Contact: Stan Lampe of Ashland Inc., 606-329-4061, or Nicole Walker of Toyota, 502-868-3067.