Robert W. Rainey to Head Budd Shelbyville; Frank Goodwin to Retire

21 July 1998
Robert W. Rainey to Head Budd Shelbyville; Frank Goodwin to Retire
    TROY, Mich., July 21 -- The Budd Company today announced the
appointment of Robert W. Rainey as plant manager of the company's Shelbyville,
Ky. automotive stamping and assembly plant, effective October 1.
    Rainey succeeds Frank Goodwin, who is retiring September 30 after nearly
40 years of service, including the past 11 years as Shelbyville's first plant
manager.
    Rainey, a 32-year Budd veteran, is currently tooling manager of the Budd
Philadelphia Plant.  He has also served in a number of positions including die
tryout, employee involvement and special managerial assignments.  In addition,
Rainey was part of the launch team that was instrumental in opening the
Shelbyville plant in 1987.
    "We are pleased to bring to Shelbyville a person with Bob Rainey's broad
experience and special skills in working with people, processes and products,"
said Albert F. Kovach, president of Budd's Stamping & Frame Division.  "And we
commend Frank Goodwin for his leadership at the Shelbyville plant.  The
accomplishments of the associates at the plant have far surpassed our
expectations."
    The plant at 1000 Old Brunerstown Road produces and assembles body
components for cars and sport utility vehicles and employs 700.
    Budd, headquartered in Troy, MI, produces components such as doors,
fenders, roofs, hoods, and decklids in sheet metal as well as in sheet molded
composite (SMC), and gray iron and ductile iron castings for about 100 current
vehicle models.  Budd also makes prototypes, chassis frames and subframes,
bumpers and bumper reinforcements, cold weather starting and heating products,
and air bag components for the automotive industry.
    Budd is part of Thyssen Budd Automotive Company, a $3.5 billion supplier
providing body systems, chassis and suspension parts and powertrain components
to the automotive industry worldwide.  Budd operates 32 facilities with about
9,500 employees in North America.  In addition, the company has offices in
Stuttgart, Germany, and Tokyo, Japan.