TI Automotive Begins Manufacturing in Turkey

WARREN, Mich., May 26, 2004 -- TI Automotive is opening a new manufacturing plant in Turkey to serve three major European automakers.

The world's leading supplier of fully-integrated fluid storage and delivery systems for cars and trucks, TI Automotive has begun pre-production from the 18,300-square-foot plant, located in the Nilufer Industrial Zone in Bursa, Turkey.

The facility, the first in Turkey for TI Automotive, initially will employ 30 people and fabricate finished brake and fuel lines for Ford, Fiat and Renault models assembled in Turkey, with other local automakers and models to be added. Volume production will begin in June 2004.

A significant increase in domestic auto sales along with a nearly tenfold increase in vehicle exports has strengthened Turkey's growing automotive manufacturing sector.

"With this new investment, TI Automotive is confirming its support of major automotive customers with operations in the growing Turkish market," said Rich Kopalsky, president, TI Automotive Global Fluid-Carrying Systems Group.

Based in Warren, Mich., TI Automotive employs over 20,000 people at more than 130 facilities in 29 countries on six continents. Further information about TI Automotive is available on the company's website at http://www.tiautomotive.com/ .