2007'02.10.Sat
Tower Automotive Wins Hyundai/Kia Quality Five Star Award
September 18, 2006
Tower One of Only 10 Suppliers Awarded Top Rating
NOVI, Mich., Sept. 18 /Xinhua-PRNewswire/ -- Tower
Automotive (OTC Bulleting Board: TWRAQ.PK) today announced
that its South Korean operations have earned a Quality Five
Star supplier rating from Hyundai/Kia Automotive. Five Star
is the highest rating in the Hyundai/Kia quality system and
was awarded to only 10 of the company's 348 eligible
suppliers this year. The award was based on an evaluation
of the quality, productivity and technology systems at
Tower's Hwaseong and Sihwa plants. Tower Korea previously
had been rated just below the top level at 4.5 on Hyundai's
quality scale of one to five.
"This accomplishment is a result of Tower
employees' dedication to meeting the needs of our customers
and strengthening our competitiveness through continuous
improvement and high quality standards," said David
Ro, president of Tower's South Korean operations. "It
is gratifying to be recognized as a strategic partner of
Hyundai/Kia. We will continue to improve our quality system
and provide our customers with the best possible products
and services."
Hyundai/Kia launched the Quality Five Star System for
suppliers in 2002. Tower is the first and only supplier to
earn the top award in the steel stamping, welding and
assembly division.
"Tower's status as a leading metal structure
provider is reinforced by this Quality Five Star
award," said Dr. Gyula Meleghy, president of Asian
Operations for Tower Automotive. "It demonstrates to
our customers that we will not be satisfied with anything
short of top quality and service."
The Hwaseong plant produces a variety of body
structures, side frame assemblies, door assemblies and
stampings for Kia. The Sihwa facility produces body and
suspension structures for the Kia Grand Carnival/Sedona
minivan and full chassis frame assemblies for the Sorento
SUV.
About Tower Automotive
Tower Automotive, Inc. is a global designer and
producer of vehicle structural components and assemblies
used by every major automotive original equipment
manufacturer, including BMW, DaimlerChrysler, Fiat, Ford,
GM, Honda, Hyundai/Kia, Nissan, Toyota, Volkswagen and
Volvo. Products include body structures and assemblies,
lower vehicle frames and structures, chassis modules and
systems, and suspension components. Additional company
information is available at http://www.towerautomotive.com
.
For more information, please contact:
Joe Kirik
Tower Automotive, Inc.
Tel: +1-248-675-6253 or +1-248-649-8900
SOURCE Tower Automotive, Inc.
PR
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