Advanced Accessory Systems - SPORT RACK DIVISION receives "SUPPLIER OF THE YEAR" award from General Motors Corp
DATELINE: May 22, 2000
SACRAMENTO, CA; SportRack (division of Advanced Accessory Systems LLC) has been chosen as "Supplier Of The Year" in the United States, and "Corporation of The Year" in Asian countries by General Motors Corporation for 1999.
2000 marks the eighth consecutive year General Motors Corporation (http://gm.com) has recognized its best suppliers, the companies whose efforts have helped raise the quality standards for GM products worldwide. This year, 181 companies, from 22 countries were chosen as the "Best of the Best" in their respective fields, based on excellence in the areas of quality, service, technology, and price. General Motors products include Chevrolet, Pontiac, Oldsmobile, Buick, Holden, Cadillac, Saturn, GMC Trucks, Opel, and Vauxhall brands.
Sport Rack Systems, a Tier II manufacturer of ski and bike racks for Jeeps, Minivans and other Sport Utility Vehicles was founded and operated by Doug and Andy Gibbs of the Gibbs Group LLC, headquartered in Yuba City, California. Their company, Sport Rack Systems, recognized as an industry leader, quickly became a preferred designer/supplier to many of the automotive manufacturers, such as Subaru, Volvo, Chrysler, Isuzu, and General Motors. Ultimately, manufacturing operations were relocated/expanded to Michigan and other foreign countries for improved distribution logistics. After an acquisition of Sport Rack Systems by MascoTech . (NYSE;MSX, http://www.mascotech.com), the Gibbs posted about 2 dozen patents, developed one of the industry's most advanced rapid product development facilities, helped open domestic and international markets, established and managed off-shore design & manufacturing facilities, and numerous product lines for the Detroit auto supplier from their Sacramento facility. Company revenue has grown from $40 million in '92 to almost $550 million in '99.
Consumer and motor-sports related products are not new to Andy and Doug Gibbs, the brothers who formed the Sacramento-based Gibbs Group LLC; a Management and Operations Consulting Firm. The Gibbs Group LLC has strong ties to Silicon Valley, and specializes in executive business and product development, and strategic marketing for start-ups to $150 million companies, in business planning and strategy, investment packaging, intellectual property matters, turnkey product development and manufacturing sourcing, operations and Internet E-Commerce business development.
Unlike other management assistance firms, Gibbs Group LLC personnel work on-site with international manufacturing affiliates and play active roles in the daily operations of their companies and clients; which has proven to be vital in the success of their many ventures. Gibbs Group LLC participates in automotive, sporting goods, biodegradable petroleum, consumer electronics, apparel, footwear, consumer electronics, housewares, building, electrical power distribution and internet products and businesses.
Contact: The Gibbs Group at (http://www.productbuilders.com)
for more information regarding this release, please contact:
Doug Gibbs
Gibbs Group LLC
555 Onstott Road Yuba City, California 95993 USA
PH: (530) 751-2765
FAX: (530) 751-2754 |