Business Services Industry
Dura's Denton seeks growth from Europe, transplants.(News)
Crain's Detroit Business, March, 2004
Byline: Robert Sherefkin This is the year that tests Larry Denton's durability. The CEO of Dura Automotive Systems Inc. (Nasdaq: DRRA) is trying to bolster the auto supplier's product base and customer ranks beyond the Big Three, which are squeezing him for price concessions. Denton, who ran the Boston Marathon 18 years ago, now is in a hurry to win business from transplant automakers in North America as well as European customers.
That process will take time, he says. Denton, 54, joined Dura from Auburn Hills-based Dow Automotive in January 2003. He says he has made progress on Dura's "debt load and rejuvenating our organic growth engine and innovation.'' Internal growth at Rochester Hills-based Dura, a supplier of driver control systems, glass...
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