| Business Summary | | Tower
Automotive,
Inc.
is
a
global
designer
and
producer
of
structural
components
and
assemblies
used
by
automotive
original
equipment
manufacturers
(OEMs).
The
Company's
products
include
automotive
body
structural
stampings
and
assemblies,
including
exposed
sheet
metal
components,
lower
vehicle
structural
stampings
and
assemblies,
as
well
as
suspension
components
and
suspension
modules.
Many
of
the
Company's
stamped,
formed
and
welded
components
and
assemblies
are
attached
directly
to
the
frame
of
an
automobile
at
the
OEM
assembly
plant
and
comprise
the
major
structure
of
a
vehicle.
The
Company's
products
generally
can
be
classified
into
four
categories,
lower
vehicle
structures,
body
structures
and
assemblies,
suspension
components,
modules
and
systems,
and
Class
A
surfaces
and
modules. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Tower
Automotive
designs
and
produces
high
quality,
engineered
body
structure
components
and
assemblies.
TWR
products
are
used
by
original
equipment
manufacturers
in
the
automotive
industry.
For
the
six
months
ended
6/01,
revenues
fell
7%
to
$1.27
billion.
Net
income
fell
61%
to
$29.5
million.
Revenues
reflect
a
volume
decline
on
the
Dodge
Durango,
Ford
Ranger,
Chrysler
LH.
Net
income
also
reflects
lower
margins
due
to
lower
volumes
and
product
mix
on
light
truck
and
sport
utility. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| S. Johnson, 60 Chairman | -- | Dugald Campbell, 54 Pres,
CEO, Director | $575K | Anthony Barone, 51 CFO,
VP | 693K | Scott Rued, 44 VP
- Corp. Devel., Director | -- | James Arnold, 48 VP,
Asian Strategy | 245K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|