Automotive Exterior Trim Manufacturer JAC Products Announces Plant Consolidation Plan

PONTIAC, Mich., April 16 -- Steve Morrey, President and CEO of JAC Products, a leading designer and manufacturer of functional automotive exterior trim, announced today that the company will consolidate their manufacturing operations to improve productivity to meet the requirements of today's very competitive automotive industry.

Programs shipped from the Monclova, Ohio plant will be transferred, in an orderly fashion, to other JAC Products facilities, and the company will close the Monclova plant during the spring of 2009. It is estimated that 120 positions will move to the company's facilities in either Georgia or Michigan. JAC Products' manufacturing operations in Europe will not be affected by this consolidation.

"This consolidation of operations is part of our on-going efforts to continually improve our productivity, a prerequisite for success within the global automotive industry, and a mandate here at JAC Products," said Steve Morrey. "Product innovation is also a priority at JAC. As part of our focus on developing innovative new products, we have recently launched production of new cargo management systems for pickup trucks."

Founded in 1967, JAC Products Inc. is a leading designer and manufacturer of original equipment roof racks, functional exterior trim, and cargo management systems ... supplying vehicles worldwide. Owned by Citi Group, JAC Products is a full-service global supplier, manufacturing products at ISO/TS Registered locations in the U.S., Germany, and Portugal. For more information, visit: www.jacproducts.com and www.jactrack.com.