Boeing Honors Universal Alloy Corporation for Exceptional Performance

Universal Alloy Corporation among 14 companies, 1 university receiving Boeing Supplier of the Year award

WASHINGTON, D.C., April 16, 2015 – Boeing [NYSE: BA] presented Universal Alloy Corporation with a Supplier of the Year award April 15 for its exceptional performance and contributions to Boeing’s overall success during 2014.

The Canton, Georgia based company was one of 14 companies and one university to receive a Supplier of the Year award, presented during a gala awards ceremony.

"Our success in 2014 was due in large part to the strong performance of our supply chain,” said Kent Fisher, Boeing’s leader for Supplier Management. “We are facing an increasingly competitive landscape across all our businesses. To continue to lead the market we need supplier partners like Universal Alloy Corp. who understand the importance of creating a sustainable competitive advantage with products, services and support that meet or exceed the expectations of our customers.”

He added that Boeing must have a global supply chain that is capable of recognizing and reducing risk, while demonstrating a strong commitment to customer service and consistent performance excellence.

In 2014 Boeing spent $62 billion with more than 13,000 suppliers from 47 countries. Supplier-provided components and assemblies make up more than 60 percent of the cost of Boeing products. Suppliers played a key role for Boeing last year when its defense business won significant new contracts and commercial airplanes set an industry record for deliveries in a single year.

“UAC listened to our customer and proactively invested in technology, capabilities and capacities to deliver what is essential to Boeing. We at UAC are honored and thrilled to be recognized by Boeing for this award” said Chip Poth, CEO of Universal Alloy Corporation.

The selection of the winning suppliers is based on statistical measurements of quality, on-time delivery, post-delivery support, cost and their ability to anticipate and respond to changing customer requirements.

Universal Alloy Corporation was honored in the category of Supplier of the Year – Advantage Category.

About UAC Global

Universal Alloy Corporation is a preferred manufacturer of hard alloy aluminum extrusions for aircraft structure and has operations in Canton, Georgia; Anaheim, California; Wichita, Kansas, Dumbrăviţa, Romania and Reinach/Menziken in Switzerland.

For further information, please contact Sandy Young at (770) 479-7230.