Decoma joins the TSE 300 Composite Index
Decoma joins the TSE 300 Composite Index
CONCORD, ON, July 9 - Decoma International Inc. was added to the TSE 300 Composite, the TSE 300 Capped, the S&P/TSE Canadian SmallCap and the TSE 200 Indices after the close of trading on Thursday, July 5, 2001. Commenting on this news, Al Power, Decoma's President and CEO noted, "Being added to these indices caps what has been a very busy and successful year for Decoma. During this period we simplified our operating structure by buying out both our Conix Group and Mexican operations' minority partners, significantly expanded our global presence with the completion of the global exteriors transaction and strengthened our balance sheet and improved our market liquidity with the recent successful completion of our public offering. We look forward to benefiting from the industry recognition associated with being included in these indices." Decoma is a full service supplier of exterior appearance systems for the world's automotive industry. The Company designs, engineers and manufactures automotive exterior components and systems which include fascias (bumpers), front and rear end modules, plastic body panels, roof modules, exterior trim components and sealing and greenhouse systems for cars and light trucks (including sport utility vehicles and mini-vans). Decoma has approximately 13,500 employees in 37 manufacturing, engineering and product development facilities in Canada, the United States, Mexico, Germany, Belgium, England and Japan.