TriMas Corporation (NYSE:TRS) Broomfield Hills, Mich., -- a
diversified growth company of high-end, specialty niche businesses --
has announced that its Hi-Vol Products operating unit has been awarded
production contracts for several components that will be utilized on a
next generation gasoline direct injection ("GDI") engine for a
major North American automobile manufacturer. Hi-Vol Products will be an
indirect, tiered supplier to the engines through an existing Hi-Vol
Products customer.
The GDI engine features improvements in fuel economy and
horsepower, as well as reduced start up emissions relative to comparable
current generation non-GDI engines. The awarded components represent
engineered products that were developed through a highly collaborative
effort between Hi-Vol's engineering resources and those at the
customer.
Eli Crotzer, Hi-Vol Products General Manager, commented, "We
are extremely pleased to have been awarded this new business after a
lengthy period of development with our customer and the engine
manufacturer. It is particularly satisfying to know that these
engineered products will be instrumental components in making
advancements in fuel economy and start up emissions reductions."
The next generation GDI engine is scheduled to go into production
in 2009 for use on 2010 model year vehicles. There is also potential for
follow-on awards for separate programs.
About Hi-Vol Products
Headquartered in Livonia, Michigan, Hi-Vol Products is a
manufacturer of specialized cold-formed and precision-machined parts for
multiple applications and industries. In particular, Hi-Vol Products has
developed a reputation for being able to successfully cold form some of
the most challenging parts and is among the first in the industry to
achieve TS 16949 and ISO 14001 certification.
About TriMas
Headquartered in Bloomfield Hills, Mich., TriMas Corporation
(NYSE:TRS) is a diversified growth company of high-end, specialty niche
businesses manufacturing a variety of products for commercial,
industrial and consumer markets worldwide. TriMas Corporation is
organized into five strategic business groups: Packaging Systems, Energy
Products, Industrial Specialties, RV & Trailer Products, and
Recreational Accessories. TriMas Corporation has nearly 5,000 employees
at 80 different facilities in 10 countries.
For more information, visit http://www.trimascorp.com or call
248/631-5506.
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