Principle Plastics was recently recognised by Volkswagen Group as one of its best suppliers in 2013. The Port Elizabeth based company was among the 21 global suppliers that were honoured at the 2013 Volkswagen Group Awards in Dresden, Germany.
The awards recognise suppliers for their overall entrepreneurial performance, reliability and innovation. The award-winning companies excel in development expertise, product quality, competitiveness and project management.
Applauding the suppliers, Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen AG said: “The Volkswagen Group and its suppliers are a strong global team. The great success of the new Golf and Audi A3 shows that together, we have what it takes to hold the pole position in the automobile industry in 2018.”
Dr Winterkorn encouraged suppliers to sustain their efforts in the fields of quality and innovation. ‘We want to achieve economic and technological leadership in all regions, and we are counting on the know-how and the skills of our suppliers,” Dr Winterkorn added.
Volkswagen Group has been presenting these awards since 2003 but it was the first time that Volkswagen Group South Africa participated. Principle Plastics was one of the five local suppliers that were entered this year.
David Powels, Managing Director of Volkswagen Group South Africa said: “We are very proud that one of our suppliers has been recognised by Volkswagen AG. We have been honouring our suppliers for the past 20 years but this year we changed our categories and criteria to be in line with Volkswagen Group’s selection format. The award is an acknowledgement of the expertise and technical know-how of Principle Plastics who has been our supplier for four years. The company’s commitment to on time delivery and quality has made them an integral part of our supply chain.”
Principle Plastics, which employs over 170 people, supply parts for the best-selling passenger car in South Africa in the past 18 months, Polo Vivo as well as Polo hatch which is produced for the local and international markets. The company was established in 2004 in a small premise with only two injection moulding machines. They have since expanded their operation into two sites and now have 25 injection moulding machines.
Volkswagen Group South Africa and its suppliers have contributed over R1.7 billion in the development of the local parts content.