TI Automotive Wins New Fluid Carrying Business

WARREN, Mich., Aug. 31, 2005 -- TI Automotive has been awarded contracts by three major auto manufacturers to supply fluid-carrying lines for five new-model vehicles.

Combined sales for the new contracts from DaimlerChrysler, Ford and Nissan total nearly $100 million. Production at TI Automotive facilities in North America and Europe is scheduled to begin as early as next spring.

Fuel-filler tubes utilizing 436 stainless steel for two new vehicle contracts will be handled by the company's plant in Ashley, Indiana. TI Automotive recently introduced the use of 436 stainless steel as a high performance, cost-effective material for fill-pipe applications.

Brake and fuel bundles, including tubing, nuts and hoses, quick connects, holders and clips for another contract will be produced at a TI Automotive facility in Washington, England. Contracts that include brake and fuel bundles as well as EGR tubing, will be supplied by TI Automotive locations in Mexico.

"TI is the world leader in the business of providing safety-critical fluid carrying assemblies for automotive fuel, powertrain, braking and HVAC systems, and as such we are pleased with our recent commercial successes," says Rich Kolpasky, president of TI Automotive's Global Fluid Carrying Systems Group.

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, Mich., the company employs over 20,000 people at more than 130 facilities in 28 countries on six continents.

Further information about TI Automotive is available on the company's website at http://www.tiautomotive.com/ .