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Fidelity Investments® Recognized by Eaton With a Premier Supplier Award BOSTON – Fidelity Investments® today announced that diversified industrial manufacturer Eaton Corporation honored it as one of 33 suppliers receiving the company’s prestigious Premier Supplier Award. This is the seventh year that Eaton has recognized a select group of its global suppliers with this award.
Among the award winners in the indirect materials and services category was Fidelity Investments, Workplace Investing. Fidelity is one of the largest mutual fund and financial services groups in the world.
“We are proud to honor this elite group of suppliers for their outstanding service and commitment to excellence. The Premier Supplier awards are reserved for Eaton’s best suppliers across the enterprise,” said Craig Reed, Eaton senior vice president, Supply Chain Management. “We congratulate each of our suppliers for their efforts in establishing Eaton as a global power management company and look forward to their continuing contributions in 2012.”
“Fidelity is thrilled to be acknowledged by Eaton as a premier supplier for our work in providing critical retirement and health benefit administration to its participants,” said James M. MacDonald, president, Workplace Investing, Fidelity Investments. “We strive to bring innovative products that engage participants and provide guidance to help them manage both their health and wealth during their working years and into retirement.”
The award winners fall within one of two supplier categories: Direct or Indirect Materials and Services. Direct Materials suppliers are those which provide goods used directly in the making of products (e.g. steel, bearings, seals, castings); Indirect Materials and Services suppliers provide goods or services to support plant production and maintenance or office services (e.g. cutting fluid, maintenance repair, office supplies, travel services).
Eaton Corporation is a diversified power management company with more than 100 years of experience providing energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power. With 2011 sales of $16.0 billion, Eaton is a global technology leader in electrical components, systems and services for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulic and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 72,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com.
About Fidelity Investments
Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of $3.7 trillion, including managed assets of $1.6 trillion, as of March 31, 2012. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. For more information about Fidelity Investments, visit www.fidelity.com.
Eaton Corporation and Fidelity Investments are not affiliated.