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TI Automotive wins new business

From TI Automotive| January 31,2007

TI Automotive, a leading supplier to major automotive manufacturers and other Tier 1 suppliers, has been awarded contracts totaling $220 million in combined lifetime sales from General Motors, DaimlerChrysler and Valeo. The contracts are for TI Automotive air-conditioning tube and hose assemblies. Production is scheduled to begin in mid-2007 through the end of the year at TI Automotive facilities in Reynosa, Mexico; Shanghai, China, and Jablonec, Czech Republic, for vehicles that will be sold in Europe, China and North America.

TI Automotive is the world's leading supplier of fluid storage, transfer and delivery systems, including brake, fuel and air conditioning applications. With headquarters in Oxford, the company employs more than 20,000 people at more than 130 facilities in 28 countries on six continents.

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