Description of Tower International's Business Segments
Tower International, Inc. is a leading global manufacturer of engineered automotive structural metal components and assemblies for automotive original equipment manufacturers (OEMs). The company offers a wide range of segments, products, and services to cater to diverse customer needs.
Segments: 1. Body structures: This segment focuses on designing and manufacturing a range of body structures for passenger cars, SUVs, and light trucks. These structures include floor assemblies, pillar and roof systems, and body-in-white (BIW) assemblies. 2. Chassis structures: This segment deals with designing and manufacturing chassis structures, including suspension modules, engine cradles, and front-end modules. 3. Engineered assemblies: This segment specializes in engineering and producing assemblies for powertrain and exhaust systems, closure systems, and fuel systems.
Products:
Tower International, Inc.'s products are designed to meet the demands of the fast-paced automotive industry. The company produces a wide range of products that include:
1. BIW assemblies: Tower International, Inc. offers a range of BIW assemblies that include inner body structures, side structures, and roof assemblies. These assemblies are designed to be lightweight and incorporate advanced materials such as aluminum and high-strength steels.
2. Suspension modules: The company designs and manufactures complete suspension modules that are ready to install in the vehicle. These modules include shock absorbers, struts, springs, and mounts.
3. Engine cradles: Tower International, Inc. produces engine cradles that house the engine and transmission of a vehicle. These cradles are designed to minimize noise, vibration, and harshness (NVH) and improve driver comfort.
4. Front-end modules: The company's front-end modules are complete assemblies that include the bumper reinforcement, radiator support, and other necessary components for the front-end of the vehicle.
Services:
Tower International, Inc. offers a range of services to ensure that its products are integrated seamlessly into the vehicles of its customers. These services include:
1. Design and engineering: The company offers complete design and engineering solutions to its customers. This includes designing components and assemblies from scratch, as well as adapting existing designs to meet new requirements.
2. Prototyping and testing: Tower International, Inc. has extensive experience in prototyping and testing its products to ensure they meet customer requirements and regulatory standards.
3. Manufacturing: The company operates several manufacturing facilities globally, allowing for efficient production and delivery of its products.
4. Just-in-time delivery: Tower International, Inc. uses just-in-time delivery systems to ensure that its products are delivered to customers when and where they are needed. This helps reduce inventory costs and waste for customers.
In conclusion, Tower International, Inc. offers a wide range of segments, products, and services to meet the needs of its customers in the automotive industry. Its expertise in design, engineering, and manufacturing has positioned the company as a leader in the industry.
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