2016 News Releases

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11/02/16Tower International Reports Third Quarter Results
LIVONIA, Mich., Nov. 2, 2016 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced third quarter 2016 results, updated its business outlook for the fourth quarter and full year 2016, and discussed other business developments.  (Unless otherwise noted, all information refers to Tower's continuing operations in North America and Europe.) Revenue for the third quarter was $457 m... 
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10/21/16Tower International Increases Dividend by 10%
LIVONIA, Mich., Oct. 21, 2016 /PRNewswire/ -- The Board of Directors of Tower International, Inc. [NYSE: TOWR], a leading integrated global manufacturer of engineered automotive structural metal components and assemblies, today declared a regular quarterly dividend of 11 cents per share on the Company's common stock, payable December 9, 2016 to shareholders of record on November 10, 2016. "This dividend increase reflects our confidence in Tower's cash flow and earnings prospects," said CEO Ma... 
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10/19/16Tower International to Announce Third Quarter 2016 Financial Results
LIVONIA, Mich., Oct. 19, 2016 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, will report third quarter 2016 financial results before the market opens on Wednesday, Nov. 2, 2016, via PR Newswire.  At 11:00 a.m. EDT on that date, a conference call is scheduled to discuss the results in further detail, as well as other related matters. To participate in the conference call: Domestic ... 
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09/17/16Tower International Announces Orderly Leadership Succession Plan
LIVONIA, Mich., Sept. 1, 2016 /PRNewswire/ -- The Board of Directors of Tower International, Inc. [NYSE: TOWR], a leading global manufacturer of engineered automotive structural metal components and assemblies, has appointed James Gouin as President, effective September 1, and as CEO, effective January 1, 2017.  Mr. Gouin will join the Board of Directors when he becomes CEO. Also effective immediately, Jeffrey Kersten will succeed Mr. Gouin as Executive Vice President and Chief Financial Offi... 
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09/01/16Tower International Announces Orderly Leadership Succession Plan
LIVONIA, Mich., Sept. 1, 2016 /PRNewswire/ -- The Board of Directors of Tower International, Inc. [NYSE: TOWR], a leading global manufacturer of engineered automotive structural metal components and assemblies, has appointed James Gouin as President, effective September 1, and as CEO, effective January 1, 2017.  Mr. Gouin will join the Board of Directors when he becomes CEO. Also effective immediately, Jeffrey Kersten will succeed Mr. Gouin as Executive Vice President and Chief Financial Offi... 
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07/26/16Tower International Reports Good Second Quarter and Favorable Outlook
LIVONIA, Mich., July 26, 2016 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced second quarter 2016 results and updated its business outlook through 2017.  (Unless otherwise noted, all information refers to Tower's continuing operations in North America and Europe.) Revenue for the second quarter was $505 million, up from $450 million in the second quarter of 2015, prima... 
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07/22/16Tower International Declares Quarterly Dividend
LIVONIA, Mich., July 22, 2016 /PRNewswire/ -- The Board of Directors of Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered automotive structural metal components and assemblies, today declared a quarterly cash dividend of $0.10 per share on the Company's common stock, payable September 9, 2016 to shareholders of record on August 10, 2016. Contact: Derek Fiebig Executive Director, Investor & External Relations (248) 675-6457 fiebig.derek@towe... 
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07/18/16Tower International to Announce Second Quarter 2016 Financial Results
LIVONIA, Mich., July 18, 2016 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, will report second quarter 2016 financial results before the market opens on Tuesday, July 26, 2016, via PR Newswire.  At 10:00 a.m. EDT on that date, a conference call is scheduled to discuss the results in further detail, as well as other related matters. To participate in the conference call: Domestic ... 
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06/17/16Tower International Board Authorizes $100 Million Share Buyback
LIVONIA, Mich., June 17, 2016 /PRNewswire/ -- The Board of Directors of Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today authorized management to repurchase up to $100 million of the Company's issued and outstanding common stock from time to time in the open market.  The time period for the buyback is open-ended. "In view of the Company's previously disclosed strong earnings and cash-flow outlook,... 
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04/28/16Tower International Reports Solid First Quarter, Raises Full Year 2016 Outlook, and Expects Double-Digit Earnings Growth in 2017, Including Retention of Europe Business
LIVONIA, Mich., April 28, 2016 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced first quarter 2016 results, updated its outlook for full year 2016, provided a preliminary outlook for 2017, and discussed developments regarding Tower's businesses in Europe, Brazil, and China. Revenue for the first quarter was $511 million.  At constant exchange rates, revenue was $523 mill... 
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04/22/16Tower International to Announce First Quarter 2016 Financial Results
LIVONIA, Mich., April 22, 2016 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies,  will report first quarter 2016 financial results before the market opens on Thursday, Apr. 28, 2016, via PR Newswire.  At 1:00 p.m. EDT on that date, a conference call is scheduled to discuss the results in further detail, as well as other related matters. To participate in the conference call: Domestic... 
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04/22/16Tower International Declares Quarterly Dividend
LIVONIA, Mich., April 22, 2016 /PRNewswire/ -- The Board of Directors of Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered automotive structural metal components and assemblies, today declared a quarterly cash dividend of $0.10 per share on the Company's common stock, payable June 10, 2016 to shareholders of record on May 10. Contact: Derek Fiebig Executive Director, Investor & External Relations (248) 675-6457 fiebig.derek@towerinternation... 
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02/11/16Tower International Reports Fourth Quarter Results Better Than Guidance and Outlines Anticipated Above-Industry Growth in 2016
LIVONIA, Mich., Feb. 11, 2016 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered automotive structural metal components and assemblies,  today announced fourth quarter 2015 results, provided a preliminary outlook for 2016, and discussed related business developments.    Revenue for the fourth quarter was $494 million.  At constant exchange rates, revenue was $525 million, up 5% from $502 million in the fourth quarter 2014, more tha... 
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01/29/16Tower International Declares Quarterly Dividend
LIVONIA, Mich., Jan. 29, 2016 /PRNewswire/ -- The Board of Directors of Tower International, Inc. [NYSE: TOWR], a leading integrated global manufacturer of engineered automotive structural metal components and assemblies, today declared a quarterly cash dividend of $0.10 per share on the Company's common stock, payable February 29, 2016 to shareholders of record on February 10. Contact: Derek Fiebig Executive Director, Investor & External Relations (248) 675-6457 fiebig.derek@towerint... 
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01/28/16Tower International to Announce Fourth Quarter 2015 Financial Results
LIVONIA, Mich., Jan. 28, 2016 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, will report fourth quarter 2015 financial results before the market opens on Thursday, Feb. 11, 2016, via PR Newswire.  At 11:00 a.m. EST on that date, a conference call is scheduled to discuss the results in further detail, as well as other related matters. To participate in the conference call: Domestic... 
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01/11/16Tower International Completes China JV Sales, Sells Part of Brazil Operations, and Continues Investigating Potential Sale of European Operations
LIVONIA, Mich., Jan. 11, 2016 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced the outcomes of divestitures completed during the Fourth Quarter 2015 and updated the status of previously announced plans to investigate the potential sale of Tower Europe. The Company completed the sale of two joint ventures in China on terms consistent with prior projections.  Cash proceeds r... 
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01/08/16Tower International to Participate in the 2016 Deutsche Bank Global Auto Industry Conference on Jan. 12
LIVONIA, Mich., Jan. 8, 2016 /PRNewswire/ -- Tower International, Inc. [NYSE: TOWR], a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced that Jim Gouin – Executive Vice President and Chief Financial Officer will participate in the 2016 Deutsche Bank Global Auto Industry Conference in Detroit, Mich., on Jan. 12, 2016.  The company's presentation is scheduled to begin at 3:05 p.m. EST and is expected to last approximately 40 minutes, i... 
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