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TRW Module Contract with DaimlerChrysler

2 March 1999

TRW Module Contract with DaimlerChrysler To Create Jobs and Require New Plant in Toledo, Ohio
    DETROIT, March 2 -- TRW announced today that it will set up a
new manufacturing facility in Toledo, Ohio, to assemble various chassis
modules to support a DaimlerChrysler Jeep(R) platform and the Toledo Assembly
Operations.
    In making the announcement here today at the 1999 Society of Automotive
Engineers (SAE) International Congress & Exposition, Robert M. Varga, vice
president and general manager of TRW Chassis Systems, said this
DaimlerChrysler business will create about 100 jobs at the facility.
    To meet just-in-time delivery requirements, TRW will locate its production
within 10 miles of DaimlerChrysler's assembly operations on Parkway and
Stickney Avenue in Toledo.  TRW is expected to move into its new facility in
early 2000.  DaimlerChrysler has announced that its new Toledo Jeep assembly
plant will produce Jeep sport-utility vehicles for sale worldwide beginning in
2001.
    TRW will continue to coordinate various program activities from its
Sterling Heights, Mich. facility and from its Linkage & Suspension operations
in St. Catharines, Ontario, Canada, while some personnel will take up
residence at DaimlerChrysler.  The contract calls for TRW to coordinate
steering system responsibility as well as to supply various chassis and
suspension modules for the DaimlerChrysler Jeep platform.
    The company also will supply the automaker with seat belts, air bags,
electronics and switches for the vehicle platform.
    Varga said that providing modules and systems for automaker assembly can
dramatically reduce assembly time and costs, while improving productivity,
quality and floor space utilization.
    A full-service supplier with total steering and suspension engineering
capabilities, TRW's Chassis Systems business offers a wide array of wheel-to-
wheel components, systems and modules.  Products include rack-and-pinion
steering gears, power-steering pumps and hoses, complete hydraulic steering
systems, linkage and suspension components, chassis modules and suspension
systems, as well as the broadest portfolio of electrically assisted steering
systems available today.
    TRW Inc. is headquartered in Cleveland, Ohio, and has sales of
nearly $12 billion.  The company is one of the largest independent automotive
suppliers in the world with more than $7 billion in worldwide automotive sales
in 1998.  TRW also provides advanced technology products and services for the
space, defense and information systems markets worldwide.