Press release, September 11, 2023
Supplier Excellence Award 2023 Supplier Excellence Award 2023
Klipphausen, Germany, September 11, 2023 – Faeth Group announced today that it has received the 2023 Supplier Excellence Award from LAM Research, a global provider of innovative equipment and services to the semiconductor industry. Selected from LAM’s global portfolio of thousands of respected suppliers, Faeth Group was one of 12 outstanding companies recognized this year for their support in creating a resilient, scalable supply chain to meet LAM’s customer needs.
LAM recognized suppliers who demonstrated excellence in four categories: Ownership and Accountability, Long Term Commitment and Investment, Rapid Prototype Materials Performance, and New Product Introduction Performance.
Faeth Group received the Ownership and Accountability Award, given to companies that have met their commitments to LAM through exceptional management of their subcontractor-level performance.
“We are proud of our long-standing partnership with LAM Research,” said Oliver Vogt, managing director of Faeth Group. “We will continue to be a trusted resource for product development and manufacturing of high-quality components and are fully committed to helping LAM Research achieve its goals.”
LAM works with suppliers worldwide to source the specialized materials and components for its semiconductor manufacturing equipment. The 2023 Supplier Excellence Award winners were honored during a ceremony at LAM’s annual Supplier Day event on September 6.
“We are pleased to recognize Faeth Group for its outstanding performance over the past year with the 2023 Supplier Excellence Award,” said Pat Lord, executive vice president and chief operating officer of LAM Research. “Our close collaboration with companies like Faeth Group plays a critical role in helping LAM create an agile, scalable supply chain to meet customer needs.”
