EXPORT, PA - AMI DODUCO’s Reidsville, N.C. operation has been awarded Preferred Supplier status at Modine Manufacturing Company, a leading worldwide supplier of heat transfer and heat storage products to the automotive industry. AMI DODUCO supplies Modine with copper-clad stainless steel for engine oil coolers used in cars, trucks, and off-road equipment. Preferred Supplier status is based on a complete quality assessment in which AMI DODUCO earned a score of over 98%.
“Modine’s high-quality standards have made them a leading tier-one automotive supplier,” said Robert H. Fisher, AMI DODUCO’s Chief Operating Officer. “We are honored by this recognition and will continue our efforts to achieve even higher quality levels.”
AMI DODUCO’s other 1999 honors for quality and performance include recognition from units of Siemens AG, Alstom, S.A., and American Matsushita Electronics Company.
Cautionary Note: This message contains „forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially. This statement should be read in conjunction with the factors set forth in Technitrol´s report on Form 10-K for the year ended December 31, 1998 in Item 1 under the caption “Factors that May Affect Our Future Results (Cautionary Statement for Purposes of the ´Safe Harbor´ Provisions of the Private Securities Litigation Reform Act of 1995).”