Fagor Ederlan has been named as “Best Honda Supplier in 2006” at the Annual Honda Suppliers Convention held last April in Swindon, UK, where HONDA’s European headquarters is located. The award was presented by Kanazawa-san, the current Managing Director of Honda and by Kato-san, the outgoing Director.
This distinction recognises Fagor Ederlan’s Quality Management, a concept which includes excellence in quality and product service, response capacity in project management, adaptation to change and general customer satisfaction.
Fagor Ederlan became an automotive components supplier for Honda in 1988 and over all the years since then has continually delivered parts to do with the suspension, brakes, transmission and engine for different Honda projects in Europe, especially, for the different Accord, Civic and CRV models with an average annual turnover of 14 million euros.
The award is highly regarded in the automotive market, as Honda is a very demanding manufacturer in terms of project management and of worldwide importance in the sector, as it produces 3.4 million vehicles a year and is seventh in the world ranking of top car makers.
The Fagor Ederlan Group is the leading Basque manufacturer of automotive components and one of the leaders in Spain in volume of sales, having posted a turnover of 626 million euros in 2006 and with the forecasts pointing to 680 million this year, of which 75% will correspond to international sales.
The Group’s workforce amounts to close to 4,000 people. It operates 15 production plants in Brazil, Slovakia and Spain, with the latest two plants being the aluminium injection plant taken over in Ziar Nad Hron in Slovakia at the end of 2005 and the new foundry built in Mondragón, at a cost of 36 million euros. The latter has just come into operation with forecast annual production of 32,000 tonnes of cast iron a year, for the manufacture of the Group’s automotive components.