2014 News Releases

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10/30/14Tower International Reports Solid Third Quarter Results, Raises Full Year Adjusted EPS and Free Cash Flow
LIVONIA, Mich., Oct. 30, 2014 /PRNewswire/ -- Tower International, Inc. [NYSE: TOWR], a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced third quarter 2014 results and updated its outlook for the full year. Revenue for the third quarter was $523 million, up 6 percent from $495 million in the third quarter 2013. Adjusted EBITDA for the quarter was $50.4 million, compared with $48.4 million a year ago.  Volume and mix was n... 
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10/20/14Tower International to Announce Third Quarter 2014 Financial Results
LIVONIA, Mich., Oct. 20, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, will report third quarter 2014 financial results before the market opens on Thursday, Oct. 30, 2014, 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 ca... 
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10/17/14Alison Davis-Blake Elected to Tower International Board of Directors
LIVONIA, Mich., Oct. 17, 2014 /PRNewswire/ -- Tower International, Inc. [NYSE: TOWR], a leading integrated global manufacturer of engineered automotive structural metal components and assemblies, announced that Alison Davis-Blake, Dean of the Stephen M. Ross School of Business at the University of Michigan, has been elected today to the company's Board of Directors. She replaces Jonathan Gallen, who resigned due to other commitments. Prior to becoming Dean at Ross in 2011, Davis-Blake had be... 
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09/16/14Tower International Postpones Proposed Offering of $250 Million Senior Unsecured Notes
LIVONIA, Mich., Sept. 16, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced that it is postponing its previously announced proposed offering of $250 million of Senior Unsecured Notes due to less-favorable market conditions.  "We are interested in moving our capital structure to more fixed rate debt over time, but Tower has record liquidity this year and no pressing de... 
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09/10/14Tower International Announces Proposed Offering of $250 Million Senior Unsecured Notes
LIVONIA, Mich., Sept. 10, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced a proposed offering by two of its wholly-owned subsidiaries of $250 million aggregate principal amount of Senior Unsecured Notes. The gross proceeds from the proposed offering will be used to prepay a portion of the issuers' existing $450 million Term Loan B due 2020. The company is also in the pr... 
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07/31/14Tower International Reports Solid Second Quarter Results, Raises Full Year Outlook, and Increases Free Cash Flow Target for 2016
LIVONIA, Mich., July 31, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced second quarter 2014 results, updated its outlook for the full year, and provided a new business model target for free cash flow. Revenue for the second quarter was $577 million, up 4 percent from $556 million in the second quarter 2013. Sales were higher in all regions except Brazil. Adjuste... 
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07/23/14Tower International to Announce Second Quarter 2014 Financial Results
LIVONIA, Mich., July 23, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, will report second quarter 2014 financial results before the market opens on Thursday, July 31, 2014, 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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04/30/14Tower International Reports Solid First Quarter Results And Increases Outlook For Full Year
LIVONIA, Mich., April 30, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced first quarter 2014 results and updated its outlook for the full year. Revenue for the first quarter was $548 million, up 3 percent from $534 million in the first quarter 2013. Higher customer production in North America and Europe more than offset declines in Brazil and China. Adjusted EBIT... 
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04/17/14Tower International to Announce First Quarter 2014 Financial Results
LIVONIA, Mich., April 17, 2014 /PRNewswire/ --Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered structural metal components and assemblies, will report first quarter 2014 financial results before the market opens on Wednesday, April 30, 2014, 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: Domesti... 
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03/11/14Tony Brown Elected to Tower International Board of Directors
LIVONIA, Mich., March 11, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered automotive structural metal components and assemblies, today announced that Thomas "Tony" K. Brown, recently retired Group Vice President of Global Purchasing at Ford Motor Company, has been elected to Tower's Board of Directors, effective April 1, 2014. Brown, 58, led Ford's Global Purchasing organization from 2002 until his retirement in August 2013, ... 
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02/13/14Tower International Reports Solid Fourth Quarter Results And Positive Outlook for 2014 and 2015
LIVONIA, Mich., Feb. 13, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered structural metal components and assemblies, today announced fourth quarter 2013 results and provided preliminary outlooks for 2014 and 2015. Revenue for the fourth quarter was $517 million, up 2 percent from $508 million in the fourth quarter 2012. Adjusted EBITDA for the quarter was $49.6 million, up 11 percent from $44.5 million a year ago.  The im... 
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02/07/14Tower International to Announce Fourth Quarter 2013 Financial Results
LIVONIA, Mich., Feb. 7, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered structural metal components and assemblies, will report fourth quarter 2013 financial results before the market opens on Thursday, February 13, 2014, 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: Domes... 
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