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Ford’s transition to 2013 models results in new facility modifications and additional jobs
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Houston, USA, 23 May, 2012 – CEVA Logistics, one of the world’s leading supply chain companies, today announced that it has expanded its partnership with Ford Motor Company to include a range of additional logistics functions for Ford’s Assembly Plant in Kansas City, Missouri.
CEVA will continue to support the F-series truck with supply chain solutions, as it has for more than seven years. The new operations will include small lot logistics, returnable container management and transportation to and from the plant as well as the existing activities of sequencing and material control. CEVA will also be investing in new facility modifications in Liberty, Missouri, as well as adding jobs to the Kansas City area in support of Ford.
Matt Ryan, CEVA’s Americas President commented: “Our long standing partnership with Ford has positioned both teams for success as Ford rolls out its 2013 vehicles. We’re extremely proud of the work we do with Ford and we have no doubt the new models will benefit from the same Operations Excellence we have delivered for more than twenty years.”
“With the movement of the Ford Escape production to Louisville, CEVA assisted in providing an excellent transition solution as the plant prepares for new models in 2013,” said Kerry Zielinski, CEVA’s Vice President Business Development and Americas Account Leader for Ford. “We are pleased to continue providing manufacturing support in Kansas City – our longest running Americas Ford operation. Our services here and worldwide for Ford consistently exceed standards in quality, cost and delivery providing robust supply chain solutions.”
For more information contact:
Charlotte Johnson
1-512-432-1862
cjohnson@bando.com
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CEVA - Making business
flow
CEVA Logistics, one of the world’s leading non-asset
based supply chain management companies, designs and
implements industry leading solutions for large and
medium-size national and multinational companies.
Approximately 51,000 employees are dedicated to
delivering effective and robust supply chain
solutions across a variety of sectors and CEVA
applies its operational expertise to provide
best-in-class services across its integrated
network, with a presence in over 170 countries. For
the year ending 31 December 2011, the Group reported
revenues of €6.9 billion. For more information,
please visit
www.cevalogistics.com
SAFE HARBOR STATEMENT:
This news release may contain forward-looking
statements. These statements include, but are not
limited to, discussions regarding industry outlook,
the Company’s expectations regarding the performance
of its business, its liquidity and capital
resources, its guidance for 2012 and the other
non-historical statements. These statements can be
identified by the use of words such as “believes”
“anticipates,” “expects,” “intends,” “plans,”
“continues,” “estimates,” “predicts,” “projects,”
“forecasts,” and similar expressions. All
forward-looking statements are based on management’s
current expectations and beliefs only as of the date
of this press release and, in addition to the
assumptions specifically mentioned in the above
paragraphs, there are a number of factors that could
cause actual results and developments to differ
materially from those expressed or implied by these
forward-looking statements, including the effect of
local and national economic, credit and capital
market conditions, a downturn in the industries in
which we operate (including the automotive industry
and the airfreight business), risks associated with
the Company’s global operations, fluctuations and
increases in fuel prices, the Company’s substantial
indebtedness, restrictions contained in its debt
agreements and risks that it will be unable to
compete effectively. Further information concerning
the Company and its business, including factors that
potentially could materially affect the Company’s
financial results, is contained in the Company’s
annual and quarterly reports, available on the
Company’s website, which investors are strongly
encouraged to review. Should one or more of these
risks or uncertainties materialize or the
consequences of such a development worsen, or should
underlying assumptions prove incorrect, actual
outcomes may vary materially from those forecasted
or expected. CEVA disclaims any intention or
obligation to update publicly or revise such
statements, whether as a result of new information,
future events or otherwise.
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