Metaldyne Wins Transmission Module Business with Ford

PLYMOUTH, Mich., June 21 -- Metaldyne announced today that it has been awarded a contract to supply two transmission clutch modules for Ford Motor Company's new six-speed automatic transmission.

The contract calls for Metaldyne to supply the overdrive and center support modules for the new transmission, which will be used in a broad range of rear-wheel drive passenger car, light truck and SUV applications. By combining Metaldyne's expertise in product development, metal forming, aluminum die casting and machining and assembly, Metaldyne will: forge shafts and ring gears; die-cast the center support casting; and provide machining, welding and assembly lines for the production and final assembly of both modules.

"This is an example of Metaldyne moving further up the value chain in the direction of complete systems and modules," said Tim Leuliette, Metaldyne chairman, president and CEO. "This program shows Metaldyne's evolution as a complete transmission module supplier and further validates our business model."

The components will be produced at various Metaldyne locations across the United States and the modules will be assembled at Metaldyne's Bluffton, Ind. facility.

About Metaldyne Corporation

Metaldyne is a leading global designer and supplier of metal-based components, assemblies and modules for the automotive industry. The company supplies a wide range of products for powertrain and chassis applications for engines, transmission/transfer cases, wheel-ends and suspension systems, axles and driveline systems. Metaldyne is also a globally recognized leader in noise and vibration control products.

Headquartered in Plymouth, Michigan, Metaldyne's annual revenues are approximately $2 billion. The company employs more than 7,500 employees at 45 facilities in 13 countries worldwide.