The Toyota Opportunity Exchange brings together a diverse group of suppliers, including women-owned businesses like MVC. The event gives participants opportunities to develop valuable new business relationships.
“For me, the networking is second to none. I think the women-owned business enterprise (WBE) spending target of 2 percent is a positive for women. This is still a male dominated industry and I think it’s great to encourage suppliers to take a look at women-owned businesses,” MVC’s Linda Torakis said. “Just providing the opportunity for us to be out there and to open the door is a great thing. We can compete on our own merits.”
MVC is capitalizing on those open doors. In 2010, the company began talks with Toyota Opportunity Exchange attendee Murakami Manufacturing USA Inc., which produces exterior mirrors for Toyota. This year, MVC secured a $1.2 million contract to supply chrome trim to Murakami for the Lexus RX350. MVC also connected with Tokai Rika at the Opportunity Exchange, which will result in more than $1 million for production of chrome-plated parts for the Ford Mustang and Fusion this year and on the Nissan Maxima in 2015.
During the last 25 years, the Toyota Opportunity Exchange has helped generate new business for many minority and women-owned businesses and continues to help Tier One suppliers diversify their supply base. These partnerships add value and innovation to Toyota’s products and services. Read more... http://www.toyotaopportunityexchange.com/stories/
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Ernst & Young (EY) recently announced that Linda Torakis of McKechnie Vehicle Components (MVC) in Roseville, Mich., is a finalist for the EY Entrepreneur Of The Year™ 2014 Award in the Michigan and Northwest Ohio Region. The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Linda Torakis serves as President and Majority Owner of MVC. She was selected as a finalist from more than 50 nominations by a panel of independent judges. Award winners will be announced at a special gala event on June 5 at the MGM Grand Detroit.
“We’ve made a lot of changes in the last several years and are trying to move our business in a new direction to better serve our customers,” Torakis said. “Many people, not just me, have worked hard to rebuild and re-energize this company. On their behalf, I’m very pleased to accept this recognition.”
Now in its 28th year, the awards program has expanded to recognize business leaders in more than 145 cities in more than 60 countries throughout the world.
Regional award winners are eligible for consideration for the EY Entrepreneur Of The Year National program. Award winners in several national categories, as well as the EY Entrepreneur Of The Year National Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 15, 2014. The awards are the culminating event of the EY Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies.
MVC designs and manufactures exciting decorative components that bring life to its customers’ products. MVC prides itself on being the automotive industry’s experts in chrome plating and painting of plastic and stainless steel parts. The company can complement these parts with a full range of decorative emblems and assemblies. MVC has a fully integrated process that includes tool design and build, component manufacturing, finishing and assembly. It offers the flexibility to bring customers exciting and innovative solutions that make their finished products shine. Based in Roseville, Mich., MVC is 56 percent woman owned and certified as a Women’s Business Enterprise (WBE). The company operates design, tooling and manufacturing facilities near its customers in the Midwest and Southeast United States.
About EY Entrepreneur Of The Year™
EY Entrepreneur Of The Year™ is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.