TI Automotive Wins $173 Million in new Business

Oct 01, 2007, 01:00 ET from TI Automotive

    WARREN, Mich., Oct. 1 /PRNewswire/ -- TI Automotive, a leading supplier
 to major automotive manufacturers, has been awarded contracts totaling more
 than $173 million in combined lifetime sales by three global automakers.
     TI Automotive's Fuel Systems group received contracts during the second
 quarter of 2007 from General Motors, Kia and Toyota, according to Brian
 Lindsay, president of the company's Global Fuel Systems Division.
     Production of fuel tanks, pumps and modules under the new supply
 agreements will take place at a number of TI Automotive facilities
 throughout the world, including plants in North America and Europe.
     "These new contracts represent important 'wins' for our global fuel
 systems product teams," said Lindsay. "They further solidify our position
 as an industry leading supplier of fuel tanks, pumps and modules."
     TI Automotive is the world's leading supplier of fluid storage,
 transfer and delivery systems, including brake, fuel and air conditioning
 applications. With headquarter locations in Warren, Mich., and Oxford,
 England, the company employs more than 16,000 people at more than 100
 facilities in 27 countries on six continents. Annual sales in 2006 totaled
 approximately $2.9 billion.
     Further information is available on the Internet at

SOURCE TI Automotive