TROY, Mich. -- Collins & Aikman Corporation (NYSE:
CKC) announced it has recently secured the manufacturing, assembly &
sequencing business for the front and rear painted fascias of a future,
high volume DaimlerChrysler vehicle platform. Terms of the award were
not disclosed. Over the course of the multi-year contract, Collins &
Aikman will utilize its proprietary Intelliquence logistics technology
to deliver just-in-time, sequenced front and rear fascia modules to DaimlerChrysler
for final assembly.
"We are extremely pleased to continue our long-standing
partnership with DaimlerChrysler based on our ability to supply quality
products and services," said David A. Stockman, Collins & Aikman's
Chairman and Chief Executive Officer.
Additional DaimlerChrysler business awarded during the
quarter included multi-million dollar contracts to supply various exterior
and interior trim components for future truck and sport utility vehicles.
Terms of the awards were not disclosed.
Although Collins & Aikman is best known for its automotive
interior capabilities, the ability to globally deliver exterior components
and sequence both interior and exterior automotive system assemblies continues
to provide growth opportunities for the Company. Collins & Aikman's
exterior products include painted and molded-in-color fascias, moldings
and cladding, wheel well flares, sills and exterior signal lighting.
"Our product portfolio, which includes extensive
plastic injection molding capabilities, enables us to supply individual
components or complete systems for both interiors and exteriors to our
customers around the globe," continued Stockman. "Combined with
the quality of our products, proprietary technologies, deep assembly and
sequencing expertise, and robust operating systems we offer an array of
innovative solutions that meet or exceed our customers' expectations."
Collins & Aikman Corporation, a Fortune 500 company,
is a global leader in cockpit modules and automotive floor and acoustic
systems and a leading supplier of instrument panels, automotive fabric,
plastic-based trim, and convertible top systems. The Company's current
operations span the globe through 16 countries, more than 100 facilities
and nearly 24,000 employees who are committed to achieving total excellence.
Collins & Aikman's high-quality products combine superior design,
styling and manufacturing capabilities with NVH "quiet" technologies
that are among the most effective in the industry.
Source: Collins & Aikman