LG Electronics Inc. said on Wednesday that it was named Lowe's 2024 Vendor Partners of the Year.
Lowe's operates over 1,700 home improvement stores and employs around 300,000 associates in the US.
LG Electronics was recognized as a divisional winner in the home décor category. It's the only global appliance company to earn this recognition from Lowe's this year.
The accolade highlights LG Electronic's achievement of the highest sales growth rate among appliance partners, driven by the development and supply of innovative home appliances through its strategic partnership with Lowe's.
LG Electronics and Lowe's have partnered since 2012. LG Electronics has supplied home appliance products through Lowe's offline stores and online platforms.
Lowe's previously recognized LG as Sustainability Partner of the Year in 2020 and 2021 2024 Vendor Partners of the Year.