NEW HAVEN, CT -- As part of its previously announced restructuring initiative, Proliance International is closing 36 branch locations. This brings the total branch closures since the end of the second quarter to 38. Forty-seven branches are still in operation.

According to the company, these actions will improve Proliance’s profitability and enable it to more profitably serve customers in these locations in the future. As part of this action, the company has either sold or plans to sell select branch assets in these locations to various distributors that include 1•800 RADIATOR, Heatex and Roppel Industries. The company said it will serve customers purchasing automotive and light truck products in these locations by selling to retailers, wholesalers and distributors who service these markets.

Exiting these branches is consistent with the company’s previously stated strategic goal of reducing operating costs, while enabling it to build stronger relationships with retailers, wholesalers, distributors and other key customers who service these markets through their resale distribution networks.

Heavy duty customers in these markets will continue to be served through the company’s heavy duty regional plants, as well as through other Proliance branch locations, which will be adding focus on this customer segment.

As a result of this initiative, the company expects to record between $0.5 million and $0.7 million in restructuring charges in the fourth quarter, which is part of the previously announced $5 million to $7 million in restructuring charges that the company expects to record as a result of its initiatives in 2007. Future cost savings, as a result of these actions, are expected to significantly exceed these restructuring costs. Including the charges related to the actions above, the company has incurred approximately $4 million in restructuring charges to date in 2007.