Tower Automotive has been awarded new major vehicle structure programmes by two US automakers.
Go deeper with GlobalData
Tower will require a new facility in the southern United States to accommodate a new body structures programme for Ford. The new business will result in a significant amount of incremental revenue that will help fill capacity at several current Tower plants, in addition to the new plant that will open in 2007.
The second award is to supply a large assembly for a different automaker – this will be produced at the company’s existing facility in Plymouth, Michigan.
Capital expenditures were reduced by reusing equipment from another assembly line and producing the new assembly at a plant experienced in building similar parts.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
