Tower International, which specialises in engineered structural metal components and assemblies for the automotive industry, booked a net loss of US$4.8m for the third quarter 2012 – equal to a year ago.

Special items adversely impacted results by $1.2m. Revenue was down 4% to $564m due to currency exchange.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Adjusted EBITDA was $44.2m, down US$4.6m due to lower volume in Europe.