ROCHESTER HILLS, MI – As a continuation of the company’s strategic restructuring initiative called “50-cubed,” DURA Automotive Systems is proposing to close four of its manufacturing facilities located in Brownstown, IN; Bracebridge, Ontario; Hannibal South, MO; and Selinsgrove, PA.

The plants are slated for closure by year-end 2007. Approximately 416 employees at the four plants will be affected by the closures.

The 50-cubed program, launched in February 2006, established heightened performance goals in quality, worldwide efficiency and profitability. The program is projected to result in the idling of approximately 10 DURA manufacturing facilities worldwide by the end of 2007. The company also anticipates the announcement of further consolidation strategies in the third quarter of 2007.

Also part of Dura’s ongoing Chapter 11 restructuring, the company has announced its intention to sell its jack business, and its hinge and latch business. The proposed divestitures will include the sale of facilities in Butler, IN; and Mancelona, MI.

“We recognize the impact that these announcements will have on our employees and these communities,” said Larry Denton, chairman and chief executive officer of DURA Automotive. “The decisions to consolidate facilities and transition assembly lines are extremely difficult but necessary. Our restructuring programs are designed to improve our long-term competitiveness and assist the organization to emerge from Chapter 11 protection in an expedited timeframe."

For more information about DURA Automotive Systems, go to: http://www.duraauto.com.