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DURA to Open New Facility in Republic of Macedonia

Expansion Broadens Global Footprint for Lightweight Systems

— News — June 21, 2018

DURA Automotive Systems, LLC, a Lynn Tilton company, announced today that it will extend its global footprint by opening a manufacturing site in the Republic of Macedonia. The new location, in the Skopje Free Trade Zone, will provide state-of-the-art capabilities for the development and production of DURA lightweight offerings. The facility layout has been designed to enable a high level of vertical integration. In-house processing, including precision stretch-bending, rollforming, and high-durability surface treatment will ensure best-in-class efficiency and competitiveness. Initial product launches will include lightweight aluminum exterior trim and roof rail systems to support the needs of European OEM customers. The company anticipates a summer 2019 launch for the modern 16,000 m2 (172,000 ft2) facility.

DURA designs and produces innovative, highly integrated, mechatronic systems, and lightweight solutions for leading vehicle manufacturers worldwide. The Republic of Macedonia facility will be the 37th DURA location and its 16th in Europe, a market that represents half of the company’s global revenues. Potential future capabilities under consideration for the site include prototyping, tool design and manufacture, and aluminum extrusions.

“This new location is essential to support our growth in Europe. We have designed the facility with a high degree of vertical integration, incorporating state-of-the-art process technology to produce lightweight aluminum systems with extremely resilient painted and anodized finishes,” said Tyrone Jordan, DURA President and Chief Operating Officer. “Installing the proven principles and methods of the DURA Operating System (DOS 2.0) will allow us to deliver operational excellence and continuously improve all aspects of quality, service and the value we are creating for our customers.”

Mike Beckett, Vice President of European Operations for DURA, noted that “The region has a technically capable workforce, good infrastructure and strong support for foreign investment. The outstanding cooperation we received from the Republic of Macedonia government allowed our operations team to move quickly to finalize this strategic addition to DURA’s network of operations.”

“When fully staffed, the new site will employ approximately 500 employees,” explained Dave Pettyes, Executive Vice President of Human Resources at DURA. “This enables DURA to recruit candidates that will be provided with many opportunities to expand their skills, leverage their strengths, pursue their interests within our enterprise and be part of a collaborative global organization. We’ll be looking for dedicated, results-driven individuals to join DURA’s Republic of Macedonia team.”

About DURA Automotive Systems:
DURA Automotive Systems is a leading global automotive supplier specializing in the design, engineering, and manufacturing of innovative solutions that drive the evolution of mobility. Founded in 1914, the company invests in five pillars of technological advancement including vehicle lightweighting, design aesthetics, amalgamated mechatronics, advanced safety & advanced mobility, and the fusion of HMI’s with infotainment. DURA employs more than 9,400 people in 14 countries. The company markets complete systems and modules to leading automakers in the Americas, Asia and Europe. Information about DURA and its products is available at www.duraauto.com.