HOWELL, Mich., Feb. 11, 2013 /PRNewswire/ -- MWW Automotive
Group (OTCQB: MWWC), a global design, engineering, and
manufacturing firm serving some of the world's leading automotive
and industrial manufacturers, announced today that it has been
awarded the continuation of the production for the re-finishing and
fulfillment of interior parts for the Ford F-150 series line of
trucks. The program is ongoing now.
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The MWW interior package produced for the Ford F-150 includes
several dashboard components that are produced at and delivered
from the MWW Class-A painting facility in Baroda. This is the first extension of this
program for MWW, which will run through 2014.
Charles Pinkerton, CEO of MWW
Automotive stated: "We are happy that we have been able to meet our
Tier1 Partner's and Ford's stringent quality requirements for this
high-end program. We appreciate their recognition of the quality of
work that we have delivered consistently as well as our capacity to
reliably meet the client's 'just-in-time' logistics requirements."
Pinkerton continues: "Having been awarded the extension of this
program is not only an endorsement of our work, but will also
support MWW's constant efforts to produce the internal Ford-150
components even more efficiently and will manifest the relationship
with its Tier1 Strategic Partner and Ford even further."
This new program is an extension of the initial pilot production
run for the Ford components. As with other Tier1 pilot production
runs that MWW has launched during the last twelve months, this
program is now moving into a standard production run for the 2013
through 2014 model years. This will allow MWW to better plan its
production capacity and adjust personnel and production
requirements dynamically in response to the expected increasing
production volume. In conjunction with other new programs that
already have been and are still expected to be awarded to MWW by
its Tier1 partners, manufacturers and/or custom design firms, this
will support the efforts of stabilizing the company's production
volume and accordingly create a positive and more predictable
impact on future revenue generation.
About MWW Automotive Group (MWW)
The MWW Automotive
Group's (OTCQB: MWWC) administrative offices are located in
Howell, Michigan, with a 40,000
square foot Class A manufacturing and logistics facility in
Baroda, Michigan for the
production of high quality OE automotive and industrial products.
MWW delivers its products and Class A painting, assembly and
logistics services directly to major US and Foreign automobile
manufacturers' Vehicle Processing Centres (VPC), leading edge show
car and performance accessory design firms, and/or assembly lines
in North America. MWW's industrial
products are delivered directly to the industrial manufacturers for
installation in their facilities. MWW provides substantial added
value to the sale of vehicles and industrial products for leading
international automobile and industrial manufacturers such as
Toyota, Chevrolet, Hyundai, Kia Motors, MAZDA, GM, Ford, FIVE AXIS
and their strategic partners ROUSH Performance and Polytec/FOHA.
For more information visit www.mwwautomotive.com or e-mail
investorrelations@mwwautomotive.com .
Safe Harbor Statement: Certain statements in this press
release that are not historical facts are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements may be identified by the use
words such as "anticipate," "believe," "expect," "future," "may,"
"will," "would," "should," "plan," "projected," "intend," and
similar expressions. Such forward-looking statements, involve known
and unknown risks, uncertainties and other factors that may cause
the actual results, performance or achievements to be materially
different from those expressed or implied by such forward-looking
statements. The Company's future operating results are dependent
upon many factors, including but not limited to the Company's
ability to: (i) obtain sufficient capital or a strategic business
arrangement to fund its expansion plans; (ii) build the management
and human resources and infrastructure necessary to support the
growth of its business; (iii) competitive factors and developments
beyond the Company's control; and (iv) other risk factors discussed
in the Company's periodic filings with the Securities and Exchange
Commission, which are available for review at www.sec.gov under
"Search for Company Filings."
SOURCE MWW Automotive Group