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Collins & Aikman Awarded Multiple DaimlerChrysler Exterior Programs

SpecialChem / Jul 8, 2004
 

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 Corporation


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