TI Automotive contracts total $118.2 million.(Suppliers)

Automotive News, July, 2006

On July 6, TI Automotive said it had received contracts worth $118.2 million from three automakers and an automotive supplier.

The contracts involve products for DaimlerChrysler AG, General Motors, Ford Motor Co. and TRW Automotive Inc. that will appear on more than seven new-model vehicles.

TI Automotive, based in Warren, Mich., said it will be making brake and fuel-line components and assemblies, as well as airbag tubes.

Production at TI Automotive plants in North America, China and South Korea has begun on several projects, while others are scheduled to begin this fall and in 2007.

The new business awarded to TI Automotive includes production of brake lines at the company's De Los Nogales plant in Reynosa, Mexico.

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