Neil Young will receive another award from the Grammys when he becomes part of the Recording Academy's Producers and Engineers wing.
According to Grammys.com, the honour will take place during Grammy Week on Jan. 21, 2014 at Village Studios in Los Angeles.
"The efforts of the P&E Wing continue to raise awareness about the importance of sound quality and the preservation and integrity of recorded music," the Recording Academy President and CEO Neil Portnow said in a statement. "This year, it is with great honor that we pay tribute to a musical icon who has been tireless in his own efforts to draw attention to the importance of hearing music as the artists who created it intended, and who has continually set precedents of excellence within the music community. The contributions of Neil Young are innumerable, as is his incomparable body of work, and we look forward to an unforgettable evening with this legendary artist."
The musician was also lauded for his work regarding the innovative digital audio service Pono which is on the horizon as well as the blu-ray release of his "Archives, Volume 1 1963-1972." Previous honorees include Jimmy Iovine, Quincy Jones and Island Records founder Chris Blackwell among others.
Despite his lengthy career, Neil Young won his first Grammy in 2010 for best art design on "Archives" and the following year he took home best rock song for "Angry World."
News of the honor comes as Young has announced the release of "Live At The Cellar Door" on Dec. 10 through Reprise Records. The album is culled from a six-show stand Young played at the Washington, D.C. venue from Nov. 30 to Dec. 2, 1970 and includes a solo version of "Cinnamon Girl" with the musician on piano. Some of the songs featured on the 12-track effort includes material which would appear on After The Gold Rush as well as Everyone Knows This Is Nowhere.
Neil Young and Crazy Horse were slated to play some North American dates earlier this summer when guitarist Frank "Poncho" Sampedro fractured a bone in his hand, forcing some dates to be cancelled.