Dow honoured as 2017 Manufacturer of the Year
Dow receives the 2017 Manufacturer of the Year award from Frost & Sullivan’s Manufacturing Leadership Council
MIDLAND, Mich. - June 23, 2017 - The Dow Chemical Company (NYSE: DOW) was named 2017 Manufacturer of the Year, Large Enterprise, by Frost & Sullivan’s Manufacturing Leadership Council (MLC). The honor was presented at the Manufacturing Leadership Awards Gala where more than 100 companies, representing a wide range of industries including automotive, chemical, consumer goods, financial services, telecommunications and others, were in attendance.
According to the Manufacturing Leadership Committee, “Dow, now a two-time winner of the Manufacturer of the Year Award, was recognized for three outstanding initiatives that, together, represent a transformation tour de force.”
Dow was recognized for three outstanding initiatives. The first, a Propylene Dehydrogenation Project, is part of Dow’s multi-billion feedstock investment program on the U.S. Gulf Coast, helping provide the company with cost-advantaged feedstocks for its U.S. Gulf Coast operations. The second project included development of a novel work process and continuous improvement program called Dow Operation Excellence System, which has saved the Company hundreds of millions of dollars in efficiency gains. Dow was also recognized for a manufacturing operations talent management initiative which helps engage and inspire Dow’s workforce.
Additionally, Paul Dean, vice president of Dow’s Engineering, Maintenance & Technology Centers was also selected as a winner in the Visionary Leadership category. His leadership of one of the world’s largest engineering, procurement and construction organizations has been instrumental in driving value from Dow’s engineering resources to maximize returns.
“I am very proud of the commitment, dedication and hard work of every Dow Operations employee and that we are recognized as the leader in the manufacturing industry in the presence of customers and competitors,” said Peter Holicki, corporate vice president of Operations. “This is the second time we have won the award and it is a testament to our focus on innovation, continuous improvement and talent development. We are in a new era of business operations and the Manufacturer of the Year award recognizes that Dow and its Operations people are leading the way.”
In March, Frost & Sullivan announced that Dow won three other Manufacturing Leadership Awards from the Manufacturing Leadership Council.
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from material, polymer, chemical and biological science to help address many of the world's most challenging problems, such as the need for fresh food, safer and more sustainable transportation, clean water, energy efficiency, more durable infrastructure, and increasing agricultural productivity. Dow's integrated, market-driven portfolio delivers a broad range of technology-based products and solutions to customers in 175 countries and in high-growth sectors such as packaging, infrastructure, transportation, consumer care, electronics, and agriculture. In 2016, Dow had annual sales of $48 billion and employed approximately 56,000 people worldwide. The Company's more than 7,000 product families are manufactured at 189 sites in 34 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
About the Manufacturing Leadership Awards
The Manufacturing Leadership Awards, now in their 13th year, honor manufacturing companies and individual manufacturing leaders that are shaping the future of global manufacturing. Winning projects and individual manufacturing leaders have demonstrated achievement in one of a wide range of categories, and are chosen by a panel of expert judges for results that have delivered clear and compelling value, return on investment, and other tangible outcomes. There will be several winners in each category, including one High Achiever’s Award in each category, as well as a 2017 Manufacturer of the Year for both small and large enterprises. Also unveiled at the Gala will be the ML Awards Manufacturing Leader of the Year and Lifetime Achievement Award winners.
The theme for the 13th Annual Manufacturing Leadership Summit is “Manufacturing 4.0 in Action.” The event enables senior-level executives in all aspects of manufacturing an opportunity to network with and learn from the best minds in the industry
For more information on the Manufacturing Leadership Awards or the Manufacturing Leadership Summit, please go to www.mlsummit.com.
About Frost & Sullivan
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