TI Automotive Wins New Fuel Tank System Business

WARREN, Mich., March 16 -- TI Automotive, a leading global supplier of fluid storage-and-delivery systems, recently was awarded multi- million-dollar contacts for the production of fuel-tank systems by three global automakers.

The multi-year contracts with one Asia-based and two major North American automakers have a combined value of $264 million.

The fuel-tank systems will be manufactured at TI Automotive's Ossian, Ind., and new Hartwell, Ga., facilities. Production will begin next year for the blow-molded fuel tanks designed for use on 2007 and 2008 model-year passenger cars and sport-utility vehicles.

TI Automotive is the world's leading supplier of fluid storage, transfer and delivery systems including brake, fuel and air conditioning applications. Based in Warren, Michigan, the company employs over 20,000 people at more than 130 facilities in 29 countries on six continents.

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