The South Regions Minority Business Council (SRMBC) has recognized Motion Industries, a leading distributor of industrial maintenance, repair, and operation (MRO) replacement parts, and its President/CEO, Bill Stevens for commitment to Supplier Diversity. The 2008 Crystal Award for CEO/Executive of the Year was presented at the SRMBC's annual Crystal Awards Luncheon as part of the 25th Annual Business Connections Conference event in Montgomery, Alabama.
The Crystal Award recognizes the CEO, President or Senior Level Executive of a corporation or government entity, which is a current corporate member of the SRMBC. The criteria include evidence of support of a corporate-wide minority business development program through an executive directive and/or policy statement, participation with NMSDC or other national organization(s) which promote minority business development, and executive participation in SRMBC through workshops, events and/or conferences.
"At Motion Industries, we are proud to support the SRMBC and to help promote the growth and development of minority-owned businesses," said Stevens.
Motion Industries' Supplier Diversity Initiative has a mission to develop and implement a world-class process that positions minority business development as an integral part of corporate operations with a positive impact on the customer, the minority community, and the overall value chain.
With 2007 sales of $3.4 billion, Motion Industries is a leading industrial parts distributor of bearings, mechanical power transmission, electrical and industrial automation, hydraulic and industrial hose, hydraulic and pneumatic components, industrial products, and material handling. Motion Industries has more than 500 operations including ten distribution centers throughout North America and serves more than 100,000 customers from the automotive, chemical, food and beverage, wood and lumber, iron and steel, pulp and paper, mining and aggregate, petrochemical, and pharmaceutical industries.
Motion Industries is a wholly owned subsidiary of Genuine Parts Company.
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