Schaeffler receives the “Best Support to Profitable Growth” award from Vestas for the second year in a row

Release Time：13 Jul,2017

The wind turbine manufacturer Vestas has presented its “Best Support to Profitable Growth” award to Schaeffler again this year. Both companies are continually working to enhance their partnership. As part of the “Vestas Supplier Conference 2017” held in mid-June, Schaeffler was presented with the “Best Supplier to Profitable Growth” award. This is one of three awards that Vestas – one of the world’s largest and most technologically advanced wind turbine manufacturers – presents to its suppliers every year. The award in the “Best Support to Profitable Growth” category goes to the supplier that has provided the most support to Vestas in reducing the “Levelized Cost of Energy (LCOE)”. Thomas Borup, Vice President Powertrain & Nacelles, Global Procurement at Vestas, praised the collaboration with Schaeffler, saying “I am both proud and happy to be able to present this award. It goes to a strategic supplier which has gone from a component supplier to a systems supplier during this past year. A supplier which has reduced the complexity in our supply chain and has delivered flawless quality and on time, across the globe. A supplier which has supported our localization efforts, and much faster than expected. A supplier with a proactive and innovative mindset, which encompasses true key account management, both challenging us and equally supporting us. A supplier which I’m happy and proud to call a true Partner to Vestas.” Dr. Stefan Spindler, CEO of the Schaeffler Group’s Industrial division, collected the award together with Bernd Endres, Vice President Global Key Account Management Industrial, and commented: “We are immensely proud to receive this award again, and we are looking forward to working together with Vestas on new projects to identify and implement further optimization potential.” In addition to spherical roller bearings, which are used as rotor shaft bearings in 2 MW and 3 MW wind turbines, Schaeffler supplies Vestas with ready-to-install systems that comprise the shaft, bearing, and housing. As one of the world’s leading rolling bearing manufacturers and a development partner to the wind turbine industry, Schaeffler has been producing bearing supports for wind turbines for over 30 years.