Tower Automotive - Hoovers


	Tower Automotive - Hoovers
dbinni
9-3-2008 11:51 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/d698a084-1832-40cb-aa38-8a1093520aa6/A67D82AF-79C9-465C-8841-E44704E440CD/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ctrytxfjtjfryc" href="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ctrytxfjtjfryc" style="font-size: 11px;">premium.hoovers.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ctrytxfjtjfryc"><P>
	Automakers do a lot of leaning on TA Delaware (formerly Tower Automotive) for their metal stampings and engineered assemblies. TA's products include body structures and assemblies (body pillars, roof rails); lower vehicle frames and structures (pickup and SUV full frame assemblies); complex body-in-white assemblies (front and rear floor pan assemblies); chassis modules (axle assemblies); and suspension components (control arms, spring and shock towers). TA's largest customers include <A href="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ffffrfhskffrycckcj&ticker=F">Ford Motor</A>, <A href="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ffffrfjcfffhyhjjry&ticker=GM">General Motors</A>, <A href="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ffffcrxjkjsfhjjxrh&ticker=HMC">Honda</A>, and <A href="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ffffcrxhyyrhfrjtsh&ticker=VOW">Volkswagen</A>. Struggling financially, TA filed for Chapter 11 bankruptcy protection in 2005; it emerged from Chapter 11 in 2007.
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ctrytxfjtjfryc"><TR><TH>scal Year-End</TH><TD>December</TD></TR><TR class="altrow"><TH>2006 Sales (mil.)</TH><TD>$2,539.4</TD></TR><TR><TH>1-Year Sales Growth</TH><TD>(22.7%)</TD></TR><TR class="altrow"><TH>2006 Net Income (mil.)</TH><TD>($202.1)</TD></TR><TR><TH>2006
                                        Employees
                                    </TH><TD>10,477</TD></TR><TR class="altrow"><TH>1-Year Employee Growth</TH><TD>(4.8%)</TD></TR><TR><TH>Employees At This Location</TH><TD>5</TD></TR></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ctrytxfjtjfryc"><TH>Fiscal Year-End</TH></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ctrytxfjtjfryc"><table background="undefined" bgcolor=""><tr><TD>December</TD></tr></table></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ctrytxfjtjfryc"><TH>2006 Sales (mil.)</TH></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ctrytxfjtjfryc"><table background="undefined" bgcolor=""><tr><TD>$2,539.4</TD></tr></table></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ctrytxfjtjfryc"><TH>2006
                                        Employees
                                    </TH></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://premium.hoovers.com/subscribe/co/factsheet.xhtml?ID=ctrytxfjtjfryc"><table background="undefined" bgcolor=""><tr><TD>10,477</TD></tr></table></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A67D82AF-79C9-465C-8841-E44704E440CD/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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