Collins & Aikman Awarded Multiple DaimlerChrysler Exterior Programs
07 Julio 2004 - 8:00AM
PR Newswire (US)
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/
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