Metaldyne Snares $70-Million Contract to Supply Chassis Products

Project already underway in U.S.

February 23, 2007 — Metaldyne Inc. reports it has earned contract worth $70 million from an unidentified global automaker to supply chassis products for multiple 2007-2008 car and truck platforms. The group will produce front and rear knuckle assemblies and front-lower control arm assemblies.

Characterized as three separate programs, the first is already underway at a Metaldyne plant in the U.S., while the second begins later this year in Mexico. The third program will get underway next year in China.

Knuckle assemblies integrate a vehicle's brake and suspension systems, while control arms control the stiffness and movement of the vehicle's suspension. Metaldyne Chassis Group president Joe Nowak explained that "The real value is in the design process. For example, we're able to simplify the system by integrating ball joints into the assemblies. This new contract allows us to continue to expand our portfolio across many global markets and provides our customers with the next-generation in chassis development."

Metaldyne designs and produces components, assemblies and modules for powertrain and chassis applications, including engine, transmission/transfer case, wheel-end and suspension, axle and driveline, and vehicle noise and vibration control products.

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