Tower International Q1 profit soars as supplier avoids year-ago expensesTue, 02, May 2017
Tower's adjusted earnings rise 23% in Q4Wed, 15, Feb 2017
Tower's board OKs $100 million stock buyback programFri, 17, Jun 2016
Supplier Tower International cancels plan to sell European unitThu, 28, Apr 2016
Ford juggles seat shortage, overtime to boost F-150 suppliesFri, 30, Oct 2015
Ford is having “supplier issues” with seats for the redesigned F-150 pickup, in addition to a longstanding shortage of high-strength steel frames that hasn't been fully resolved, a UAW official at the F-150 plant in Missouri said today. The issues could cause some overtime to be canceled in November.
Ford hires second supplier to help with F-150 frame productionFri, 07, Aug 2015
Ford is bringing a second supplier of steel frames for the F-150 on board to ease a supply shortage that has slowed production for months, a person with knowledge of the matter told Automotive News. The new supplier is said to be Tower International, which already builds body structures for the F series and several other Ford models.
Tower International posts Q4 gain in adjusted earningsFri, 13, Feb 2015
Tower International, a structural metal components and assemblies supplier, on Thursday reported a gain in adjusted earnings but a net loss overall for the fourth quarter. The company said adjusted earnings before taxes and other expenses rose 12 percent in the quarter to $55 million.