Lund International Announces Restructuring Plans

Lund International has announced further reorganization and restructuring initiatives. The company first announced changes to its corporate structure in 2006. This announcement follows the consolidation of the company's Duluth, GA, corporate offices, its Lund Accessories Division in Lawrenceville, GA, and its warehousing function at the Ventshade Accessories Division into the company's new Corporate Center in Suwanee, GA. These moves were completed in August, 2006. The new initiatives include the closure of two of the company's facilities and a new business structure designed to reduce fixed costs, increase management effectiveness and improve customer service.

SUWANEE, GA — Lund International has announced further reorganization and restructuring initiatives. The company first announced changes to its corporate structure in 2006.

This announcement follows the consolidation of the company’s Duluth, GA, corporate offices, its Lund Accessories Division in Lawrenceville, GA, and its warehousing function at the Ventshade Accessories Division into the company’s new Corporate Center in Suwanee, GA. These moves were completed in August, 2006.

The new initiatives include the closure of two of the company’s facilities and a new business structure designed to reduce fixed costs, increase management effectiveness and improve customer service.

The company’s Autotron Accessories Division in Longmont, CO, is expected to close by May 31. Approximately 75 employees work in the Longmont facility producing plastic accessories for light truck and automotive vehicles. Production is being transferred to the company’s Ventshade Accessories Division in Lawrenceville, GA.

The company’s offices in Anoka, MN, will also close by the third quarter of 2007. Approximately 35 employees are engaged in administrative support functions at the Anoka facility. The majority of these positions will be relocated to the company’s Corporate Center in Suwanee, GA.

Lund International has also reorganized into three strategic business units for improved management effectiveness. Light Truck and Automotive Accessories marketed under the company’s Lund, AVS and Nifty brands, sold through warehouse distributors, specialty retail chains and mail order distributors, is the company’s largest business unit. Light Truck and Automotive Accessories sold through original equipment manufacturers has been established as a strategic business unit to improve the company’s position in this important channel. The third strategic business unit is Heavy Truck Accessories sold through original equipment manufacturers and their aftermarket distribution centers. Management is being realigned into these three business units for improved focus on satisfying customer needs.

As part of this restructuring, Terry Cole, vice president of sales and marketing for Light Truck and Automotive Accessories and Steve Treichel, corporate vice president responsible for Information Systems and the Corporate Distribution Center, have left the company. Jerry Schomaker, previously vice president and general manager, Ventshade Accessories Division, becomes vice president of Product Supply and Engineering. Schomaker joined Lund International in 2000 as vice president and general manager of the company’s Deflecta-Shield Accessories Division in Howe, IN.

For more information about Lund, go to: http://www.lundinternational.com.