Tower Automotive to Reduce Production at Greenville, Mich., Facility

Tower Automotive plans to reduce production at its Greenville, Mich., plant as part of a company-wide effort to improve operational performance and control costs. The company intends to move manual stamping operations and related weld assemblies from Greenville to other existing Tower Automotive locations in Elkton, Mich., and Kendallville, Ind., where automation capabilities already exist.

NOVI, MI — Tower Automotive plans to reduce production at its Greenville, Mich., plant as part of a company-wide effort to improve operational performance and control costs. The company intends to move manual stamping operations and related weld assemblies from Greenville to other existing Tower Automotive locations in Elkton, Mich., and Kendallville, Ind., where automation capabilities already exist.

The company said this action will enable the Greenville facility to concentrate on higher-margin business in progressive stampings and complex value-added assemblies.

Approximately 135 positions at Greenville will be affected by the phase out of manual press operations and related assembly work, leaving about 165 positions remaining at the plant. The transfer of production to other Tower Automotive locations is expected to be complete by January 2005.

For more information about Tower Automotive, go to: www.towerautomotive.com.

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