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CVG Awarded New Navistar Contract to Supply Interior Trim Products ; New Cabinets to Be Featured on ProStar(R) Models
Tuesday, September 08, 2009 11:53 AM


(Source: PRNewswire)trackingNEW ALBANY, Ohio, Sept. 8 /PRNewswire-FirstCall/ -- Commercial Vehicle Group, Inc. (Nasdaq: CVGI) announced today that it has been awarded a new contract to supply Navistar Inc.'s Heavy Truck Product Group with interior trim products.

CVG plans to produce the new interior airline cabinets and other materials at the Company's Trim Products facility in Concord, North Carolina. The start of production is scheduled to begin in the first quarter of 2010. The additional Navistar business is expected to generate between $4 and $5.5 million in annual revenues based on sales forecasts for next year.

Mervin Dunn, President and Chief Executive Officer of Commercial Vehicle Group stated, "We are pleased that Navistar has chosen CVG to produce and supply interior airline cabinetry for their ProStar(R) series of heavy-duty trucks. Navistar has been one of our largest customers and we greatly value our strategic relationship with them. We especially appreciate the opportunity to supply additional CVG products for the ProStar(R), one of Navistar's premier platforms."

Jerry Armstrong, President and General Manager of CVG Trim Products Group said, "This new business award is great news for CVG's Trim Products Group. Our sales and engineering teams have worked very closely with Navistar to win this program and we are pleased they chose us to supply new airline cabinets for their ProStar(R) line. We believe the achievement of winning this competitively bid business is great recognition of the value inherent in our products and our engineering and research and development capabilities."

About Commercial Vehicle Group, Inc.

Commercial Vehicle Group is a leading supplier of fully integrated system solutions for the global commercial vehicle market, including the heavy-duty truck market, the construction and agriculture market and the specialty and military transportation markets. The Company's products include suspension seat systems, interior trim systems, such as instrument and door panels, headliners, cabinetry, molded products and floor systems, cab structures and components, mirrors, wiper systems, electronic wiring harness assemblies and controls and switches specifically designed for applications in commercial vehicle cabs. The Company is headquartered in New Albany, OH with operations throughout North America, Europe and Asia. Information about the Company and its products is available on the internet at www.cvgrp.com.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to risks and uncertainties. These statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions.



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