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Tower Automotive, Inc., Announces Tooling Center Shutdown

21 September 1999

Tower Automotive, Inc., Announces Tooling Center Shutdown

    GRAND RAPIDS, Mich., Sept. 21 -- Tower Automotive, Inc.
, announced today that it will shut down the Detroit Tooling Center
that is part of the recent acquisition of Active Tool & Manufacturing Co. Inc.
The company said it expects to complete the shutdown by December 1, 1999, and
said there will be no earnings impact as a result of this decision.
    Dugald Campbell, president and chief executive officer of Tower
Automotive, said:  "With so much tool-making capacity available in the
industry, our ability to win new programs must be enhanced by utilizing
independent tool-making capabilities that are globally competitive and very
focused on their own segment of the value chain.  Tower Automotive will
continue to sharpen its focus on its core business and competencies.  We will
stay agile, lean and very capable in what we do best so as to achieve our
vision of becoming the global supplier of choice, while adding economic value
to the enterprise."
    Tower Automotive, Inc., produces a broad range of assemblies and modules
for vehicle structures and suspension systems for the automotive
manufacturers, including Ford, DaimlerChrysler, General Motors, Honda, Toyota,
Nissan, Auto Alliance, Fiat, BMW, Volkswagen and Mercedes.  Products include
body structural assemblies such as pillars and package trays, control arms,
suspension links, engine cradles and full frame assemblies.  The company is
based in Grand Rapids, Mich., and has its corporate office in Minneapolis,
Minn.