Tower Automotive and Defiance Services Announce Joint Venture
24 March 2000
Tower Automotive, Inc., and Defiance Testing & Engineering Services, Inc., Announce Product Technology and Development Joint VentureGRAND RAPIDS, Mich., March 23 Tower Automotive, Inc. and Defiance Testing & Engineering Services, Inc., a subsidiary of GenTek Inc. today announced the formation of a product technology and development joint venture. The joint venture, DTA Development, located in Westland, Mich., is expected to be fully operational in the third quarter of 2000 and will provide product testing services primarily to Tower. Tower Automotive utilizes internal and external product testing extensively to validate complex systems during the development stage of a program. The joint venture will allow Tower Automotive to have access to a broader and more cost efficient range of testing capabilities. DTA Development will blend the benefits of chassis product technology and development activities with leading edge commercial testing services. Tower Automotive has a global expertise in frame, suspension and module design and manufacturing while Defiance is a leading provider of advanced automotive testing and product development services. Tower Automotive, Inc., produces a broad range of assemblies and modules for vehicle structures and suspension systems for automotive manufacturers, including Ford, DaimlerChrysler, GM, Honda, Toyota, Nissan, Isuzu, Fiat, BMW and Volkswagen. Products include large structural and exposed metal (Class A) assemblies, body structural assemblies such as pillars and package trays, control arms, suspension components and modules, engine cradles and full frame assemblies. The company is based in Grand Rapids, Mich., and has its corporate office in Minneapolis, Minn. Defiance provides a full range of testing and product development services to its automotive and non-automotive clients. GenTek Inc., is a technology-driven manufacturer of telecommunications equipment, automotive components, and performance chemicals. The company maintains global leadership positions in a number of high-growth markets, including connectors for telecommunications and data networks, precision automotive valve-train components, and performance chemicals for electronic, technology, and pharmaceutical markets. For additional information, visit GenTek's Web site at http://www.gentek-global.com