PHOENIX, April 18, 2025 – Last week, General Motors presented Ideal Contracting with a 2024 Supplier of the Year Award at GM’s 33rd annual Supplier of the Year event in Phoenix, Arizona.
“Winning the Supplier of the Year award reflects the trust and transparency we’ve cultivated with General Motors over nearly three decades,” said Loren Venegas, CEO of Ideal Contracting. “This year, Ideal Contracting celebrates being a 19-time recipient, and Ideal Setech, a 6-time recipient. These achievements highlight the strength of our connections and the dedication of our teams. We are honored to partner with GM and proud to share this recognition.”
GM’s Supplier of the Year awards recognizes global suppliers for their execution across key categories like safety, innovation and resilience. A global cross-functional team makes award selections based not only on an organization’s performance across 2024, but also their alignment to GM’s core values and ambitious goals.
“For more than 30 years, General Motors has recognized the company’s top global suppliers at our annual event, spotlighting their innovation and resiliency through even the most challenging circumstances,” said Jeff Morrison, global chief procurement officer at GM. “Together, we’re helping bring advanced technology and the industry’s broadest portfolio of vehicles to market for GM customers.”
This year, 92 suppliers across 12 countries made GM’s 2024 Supplier of the Year list. For more information, visit news.gm.com.
Ideal Contracting, LLC is a leading general contractor in Michigan, with operations across the U.S. The family-owned, certified MBE has a loyal team of over 450 union self-perform professionals and more than 150 full-time staff that honor Ideal’s commitment to building together. Utilizing a flexible array of delivery methods, Ideal Contracting successfully delivers projects in a wide range of market sectors, including automotive/manufacturing, sports/entertainment, higher education, energy/petrochemical, and more. The company’s people-first approach is supported by a best-in-class safety program, robust talent development process, and proactive engagement in their local Southwest Detroit community.
General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM’s Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry’s widest range of EVs, as we move to an all-electric future. Learn more at GM.com.
