STADCO'S ENGINEERING CAPABILITY DRAMATICALLY ENHANCED BY ACQUISITION

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STADCO'S ENGINEERING CAPABILITY DRAMATICALLY ENHANCED BY ACQUISITION
10 February 2005 - Stadco

Stadco, Europe's leading automotive body-in-white specialist, has dramatically enhanced its engineering capability through its acquisition in 2004 of the former Mayflower Vehicle Systems business.

The new Stadco Engineering team, which brings together the global resources and skills of both Stadco and MVS, has a tremendous track record, most recently proven in the mould-breaking body and spaceframe of the advanced Ford GT project (with its roots in the legendary Ford GT 40).

"Our Engineering team specializes in fast track engineering programs and our developments in the use of virtual tools give us the capability to deliver zero prototype programs as was the case with the Ford GT", says Paul Jaggers Product Engineering Director for Stadco.

Based in Coventry, Stadco Engineering gives the company newfound strengths in body engineering, enabling it to win new business calling on a 'total solutions' approach to support a program from Initial vehicle concepts and styling to production.

Stadco's customers can now benefit from the full service 'turnkey' capabilities of the enhanced organization, offering fast track, simulation lead development in both product development and manufacturing.

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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