Chicago, March 20, 2025 (Globe Newswire) – Electronics method, Inc. (nyse: mei) announced today that its Grakon Business Unit, a world leader in advanced lighting systems, was recognized by Paccar, Kenworth and Peterbilt truck manufacturer, as the most efficient supplier.
Each year, Paccar pays tribute to its most efficient suppliers as part of its supplier performance management program (SPM), which measures achievements in product development, operations, secondary market support and alignment with Paccar’s main commercial objectives.
The SPM program promotes collaboration and continuous improvement, stimulating innovation and performance improvements through the supply chain. Over the years, Grakon has contributed to several Paccar launches, providing interior and outdoor lighting solutions for Kenworth, Peterbilt and DAF.
“We are honored that Paccar recognized Grakon as a most efficient supplier. This recognition underlines our commitment to innovation, quality, time delivery and product reliability – key factors to support the success of our customers. We appreciate our long -standing partnership with Paccar and we are impatiently waiting to continue to stimulate innovation and performance in the commercial vehicle industry, “said Jon Degaynor, Chairman and Chief Executive Officer.
About Grakon, LLC
GRAKON, LLC is a world leader in the design, development and manufacture of advanced lighting systems, orders and components for leading OEM manufacturers in the heavy truck, bus, rail, commercial electric vehicles and electric sports markets.
Grakon is a commercial unit of Methode Electronics, Inc. (NYSE: MEI), a world-class supplier of tailor-made solutions with places of sale, engineering and manufacturing in North America, Europe, the Middle East and Asia.
Media:
Alli Anderson
Administrator, business communications
aanderson@methode.com
708-457-4041
Investors:
Robert K. Cherry
Vice-president, Relations with investors
rcherry@methode.com
708-457-4030
