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MWW Automotive Awarded Continuation Of Ford F-150 Component Production

Stocks in this article: MWWC

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.

(Logo: http://photos.prnewswire.com/prnh/20110816/DE52700LOGO )

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.

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