Collins & Aikman (NYSE:CKC)
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Collins & Aikman Awarded Multiple DaimlerChrysler Exterior
Programs
TROY, Mich., July 7 /PRNewswire-FirstCall/ -- Collins & Aikman Corporation
(NYSE:CKC) announced it has recently secured the manufacturing, assembly &
sequencing business for the front and rear painted fascias of a future, high
volume DaimlerChrysler vehicle platform. Terms of the award were not disclosed.
Over the course of the multi-year contract, Collins & Aikman will utilize its
proprietary Intelliquence(TM) logistics technology to deliver just-in-time,
sequenced front and rear fascia modules to DaimlerChrysler for final assembly.
"We are extremely pleased to continue our long-standing partnership with
DaimlerChrysler based on our ability to supply quality products and services,"
said David A. Stockman, Collins & Aikman's Chairman and Chief Executive
Officer.
Additional DaimlerChrysler business awarded during the quarter included
multi-million dollar contracts to supply various exterior and interior trim
components for future truck and sport utility vehicles. Terms of the awards
were not disclosed.
Although Collins & Aikman is best known for its automotive interior
capabilities, the ability to globally deliver exterior components and sequence
both interior and exterior automotive system assemblies continues to provide
growth opportunities for the Company. Collins & Aikman's exterior products
include painted and molded-in-color fascias, moldings and cladding, wheel well
flares, sills and exterior signal lighting.
"Our product portfolio, which includes extensive plastic injection molding
capabilities, enables us to supply individual components or complete systems
for both interiors and exteriors to our customers around the globe," continued
Stockman. "Combined with the quality of our products, proprietary technologies,
deep assembly and sequencing expertise, and robust operating systems we offer
an array of innovative solutions that meet or exceed our customers'
expectations."
Collins & Aikman Corporation, a Fortune 500 company, is a global leader in
cockpit modules and automotive floor and acoustic systems and a leading
supplier of instrument panels, automotive fabric, plastic-based trim, and
convertible top systems. The Company's current operations span the globe
through 16 countries, more than 100 facilities and nearly 24,000 employees who
are committed to achieving total excellence. Collins & Aikman's high-quality
products combine superior design, styling and manufacturing capabilities with
NVH "quiet" technologies that are among the most effective in the industry.
Information about Collins & Aikman is available on the Internet at
http://www.collinsaikman.com/.
DATASOURCE: Collins & Aikman Corporation
CONTACT: Media Inquiries: David A. Youngman, Director Corporate
Communications, +1-248-824-1562, , Investor
Inquiries: Robert Krause, Vice President and Treasurer, Head of Investor
Relations, +1-248-733-4355,
Web site: http://www.collinsaikman.com/