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