Press Release

PWO Receives Award for Outstanding Performance

Oberkirch, June 6, 2013 - Progress-Werk Oberkirch AG was awarded the World
Excellence Award 2012 in silver for its outstanding performance by its customer the FORD Motor Company (Dearborn, USA). Thus, PWO belongs to the top 10 percent of Ford's global suppliers who had qualified for the award.

This award recognizes the achievements of PWO - particularly in the areas of quality, cost, and delivery reliability - in supplying FORD with cross members in Europe and North America.

Karl M. Schmidhuber, Chairman of the Management Board is pleased with this award:
'It is a distinctive achievement to fully satisfy the requirements of such a complex and large contract. We thank Ford for their trust in PWO and our employees for their great dedication'.

Progress-Werk Oberkirch AG
The Management Board

PWO company profile
PWO is one of the world's leading suppliers of advanced metal components for automobile safety and comfort. The company has developed a unique knowledge in the forming and joining of metals over the course of its over 90-year history since it was founded in 1919. The German location at Oberkirch today employs over 1,500 staff members. The Group is globally represented with further sites in Canada, the Czech Republic, China and Mexico employs over 3,000 staff members around the world.

PW0 is a partner to the global automotive industry for the development and production of innovative products in the areas of 'Mechanical components for electrical and electronic applications', 'Safety components for airbags, seats and steering' and 'Components and systems for vehicle bodies and chassis'.