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TRW Plans to Close Jackson, Michigan Manufacturing Facility

JACKSON, Mich. - TRW Automotive's Kelsey- Hayes Company subsidiary announced today it plans to close its Jackson, Michigan manufacturing facility by July 2006. The planned facility closure is a result of relentlessly increasing pricing pressures in the marketplace and the need to improve competitiveness to attract future business.

The Jackson plant has approximately 400 employees and manufactures braking components for the automotive industry. Under the plan, present Jackson plant operations would be consolidated into existing North American facilities.

"Marketplace pressures require difficult actions," said Ron Muckley, Vice President, Operations, North America Braking and Suspension Systems. "We are challenged to provide the absolute lowest cost product and compete with an increasing number of competitors in a global marketplace," he said.

(Aug 18, 2005)