Dura Deals Worth $268 Mil.

ROCHESTER HILLS, Mich.--Dura Automotive Systems Inc. has landed $268 million in new contract awards beginning in model years 2001 through 2005. This new business includes various platforms in North America and Europe for Ford, General Motors and Volkswagen.

The contracts include: Seat Mechanisms & Structures of $77 million, Glass Systems of $66 million, Door Modules of $65 million, Adjustable Pedals of $45 million and Electronic Park Brakes of $15 million.

“We are very proud of these awards as we are starting to see the benefits of our investment in new technology and continue to benefit from our recent acquisitions,” said Karl Storrie, president and chief executive officer.

Dura’s products include door modules, parking brake systems, automotive cables, transmission shifter systems, encapsulated and sliding windows, window regulators, hinges, latches, seating systems, engine control products, underbody tire carriers, jacks, brake, clutch and accelerator pedals and other mechanical assemblies. Customers include North American, European and Japanese original equipment manufacturers such as Ford, General Motors, DaimlerChrysler, Volkswagen, BMW, Toyota, Honda, Nissan, PSA (Peugeot and Citroen) and Renault. The company’s operating headquarters is in Rochester Hills, Mich., and its corporate office is in Minneapolis, Minn.