LARGE PRESS CAPABILITY SECURES CONTRACT FOR STADCO

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LARGE PRESS CAPABILITY SECURES CONTRACT FOR STADCO
08 December 2005 - Stadco

Stadco, one of Europe's leading suppliers of body-in-white panels and pressings to the automotive industry has announced that it has been awarded the contract to supply the tailgate for MINI.

Stadco has won the contract thanks to its ability to press large, complex, body-in-white panels. Stadco will press the MINI's tailgate at its state-of-the-art facility in Castle Bromwich, West Midlands, the largest independent press facility in the UK and will then supply direct to the BMW Group plant at Oxford.

Constructed on the former Dunlop site, Stadco's Castle Bromwich plant has enjoyed considerable investment since it opened in March 2004. Importantly, the investment has allowed Stadco to engineer the facility so that it is fully compatible with the largest press shops, known as PG1 facilities, of the major vehicle manufacturers. The MINI tailgate will be pressed on the 5-metre bed press line at Castle Bromwich, which is the only line of its kind outside of an OEM in the UK.

Commenting on the contract win, Andrew Morriss, Stadco Managing Director said: "As a key supplier already to the BMW Group in the UK, we are delighted to be awarded this additional work. As an exterior panel, components such as the tailgate pose specific technical challenges and require a flawless finish in order to meet the highest cosmetic quality standards. The contract underlines the company's confidence in our press shop capabilities and our ability to meet their exacting requirements."

Stadco is one of Europe's leading suppliers of body-in-white panels and pressings to vehicle manufacturers including Ford, the BMW Group, Jaguar and Land Rover. Stadco has 7 manufacturing sites, 6 in the UK and one in Germany.

http://www.stadco.co.uk

About: Stadco
Stadco Ltd, part of the privately-owned Acertec Group, is one of the fastest growing players in the global market for body-in-white technology. Its acquisition in mid 2004 of the former Mayflower Vehicle Systems business doubled its turnover to more than EUR300 million and provided it with some of the most advanced press shop facilities and sub assembly operations in the industry. The company operates from eight sites in the UK and two in Germany, including a major presence at Ford's Saarlouis facility in Germany where it manufactures BIW assemblies for the new Focus model. Other major clients include BMW, Land Rover, Jaguar, Aston Martin and MG Rover.

Stadco Engineering brings together the global resources and skills of both Stadco and MVS and has a tremendous track record, most recently proven in the mould-breaking body of the advanced Ford GT project (with its roots in the legendary Ford GT 40) and the Mercedes-Benz Accelo in Brazil. Based in Coventry, UK, Stadco Engineering gives the company newfound strengths in body engineering, enabling it to win new business calling on a 'total solutions' approach rather than merely being a supplier of body-in-white production and assembly expertise.

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