BNET Industries

Dura Automotive Systems Inc.

(DRRAQ) is in the Manufacturing Industry

Last Fiscal Year Sales:$2.0B

Public
US

Dow Jones Description

DURA Automotive Systems, Inc. (?New DURA?), is a leading independent designer and manufacturer of driver control systems, seating control systems, glass systems, engineered assemblies, structural door modules and exterior trim systems for the global automotive industry. DURA markets its automotive products to every North American, Asian and European original equipment manufacturer (OEM) and many leading Tier 1 automotive suppliers. DURA is headquartered in Rochester Hills, Mich.

President & Chief Executive Officer

Timothy D. Leuliette

Number of Employees 15,350

Contact Information

2791 Research Drive

Rochester Hills, Michigan 48309

www.duraauto.co...

(248) 299-7500

Peer Companies

NAICS Code Metal Stamping: 332116

Recent Events

Dura eyes suppliers, sees consolidation

11/03/09 - Financial Announcement - View Story
EEOC SUES DURA AUTOMOTIVE SYSTEMS FOR VIOLATIONS OF AMERICANS WITH DISABILITIES ACT

9/15/09 - Lawsuit Filed - View Story

News & Analysis

dura automotive systems inc. - All News and Analysis

DURA Automotive Systems, Inc. Postpones Exit Financing Process

- 2007-12-13

ROCHESTER HILLS, Mich. -- DURA Automotive Systems, Inc. (Pink Sheets:DRRAQ) today announced that it has elected to postpone its exit financing process in light of abnormally challenging credit market conditions. As a consequence, the Company has requested the Bankruptcy Court continue its Confirmation Hearing to early next year.

Tags: Dura Automotive Systems Inc., financing
DURA Automotive Systems, Inc. Continues Exit Financing Syndication Process, Prevails in Litigation over 9% Subordinated Notes

- 2007-12-10

Substantial Progress Made Toward DURA's Emergence from Chapter 11

Tags: Dura Automotive Systems Inc., financing, litigation
APS Financial Corporation Initiates Coverage of Dura Automotive Systems, Inc. High Yield Notes

- 2007-10-09

APS Financial has initiated coverage of Dura Automotive Systems, Inc. High Yield Notes (bond symbol: DRRA). The Company is covered by Vice President & High Yield Analyst, Scott A. Moxham, CFA, CPA. For more information and a copy of the comprehensive research report, please contact High Yield Associate...

Tags: Company, Dura Automotive Systems Inc.
DURA Automotive Names Tim Trenary Chief Financial Officer

- 2007-09-04

ROCHESTER HILLS, Mich. -- DURA Automotive Systems, Inc. (Pink Sheets:DRRAQ), today announced that C. Timothy Trenary, 51, will join the company as vice president and chief financial officer, effective September 16, 2007. He succeeds David L. Harbert, a Tatum LLP Partner, who has served as DURA's interim chief financial officer...

Tags: Dura Automotive Systems Inc.
DURA Automotive Systems, Inc. Files Backstop Rights Purchase Agreement

- 2007-08-03

ROCHESTER HILLS, Mich. -- DURA Automotive Systems, Inc. (OTC:DRRAQ) today announced that it has filed a backstop rights purchase agreement, which provides for certain backstop commitments. The agreement is based upon a term sheet originally filed with the U.S. Bankruptcy Court on July 12, 2007, as part of a motion...

Tags: agreement, Dura Automotive Systems Inc.

DURA Automotive Systems, Inc. Files Plan of Reorganization Term Sheet and Backstop Equity Rights Purchase Agreement

- 2007-07-13

ROCHESTER HILLS, Mich. -- DURA Automotive Systems, Inc. (OTC:DRRAQ) today announced that it filed with the U.S. Bankruptcy Court a plan of reorganization term sheet and backstop purchase agreement for an equity rights offering. The rights offering will provide capital to help fund the company's exit from Chapter 11 by...

Tags: agreement, Dura Automotive Systems Inc., equity
Auto News digest.(Briefs)(Ford leads in Daewoo bidding)(Dura Automotive Systems Inc. sell Atwood Mobile Products )

- 2007-07-09

GM will retain Allison liability DETROIT - General Motors said last week that it would retain responsibility for pension and retiree medical costs for current workers at Allison Transmission after the unit is taken private in a $5.6 billion deal, Reuters reported. ...

Tags: Allison Transmission, Dura Automotive Systems Inc., Ford Motor Co., General Motors Corp.
DURA Automotive Systems, Inc. Announces Agreement to Sell Atwood Mobile Products

- 2007-07-05

Atwood Acquisition Co., LLC to Acquire Leading Specialty Vehicle Products Manufacturer for $160.2 Million;

Tags: agreement, Dura Automotive Systems Inc.
Briefly.(Dura Automotive Systems Inc. closing its four plants)(Lear Corp. (Southfield, Michigan) sold its North American business to International Automotive Components Group North America Inc.)(Ramco-Gershenson Properties Trust purchased 4 shopping cente

- 2007-04-09

Lear transfers North American interior business to joint venture Southfield-based Lear Corp. (NYSE: LEA) said that it has finished transferring the assets of its North American interior business to International Automotive Components Group North Am Lear transfers North American interior business to joint venture...

Tags: Dura Automotive Systems Inc., Lear Corp.
DURA Automotive Hires David Szczupak as Chief Operating Officer

- 2006-12-11

ROCHESTER HILLS, Mich. -- Ninth graph, first sentence of release (dated Dec. 8, 2006) should read: On October 30, 2006, DURA Automotive Systems, Inc., and its domestic and Canadian affiliates filed voluntary petitions for protection under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the...

Tags: affiliate, bankruptcy, Delaware, Dura Automotive Systems Inc., equity, FINANCE, Ford Motor Co., Investment, Litigation, Manufacturing, petition

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Decision Makers

Name (plus bio)	Position
Timothy D. Leuliette	President & Chief Executive Officer
Jurgen von Heyden	President, Body & Glass Division
Milton D. Kniss	President, Control Systems Division
Timothy C. Stephens	President, Atwood Mobile Products Group
Keith R. Marchiando	CFO, Vice President & Assistant Secretary
Alfred C. Liddell	Vice President
John J. Knappenberger	Vice President,Information Technology & Administration
John Noll	Vice President & Controller
R. Bovee	Vice President
Sean McGuire	Vice President of Global Marketing
Theresa L. Skotak	Vice President, Human Resources
Timothy Glock	Vice President, Sales, N America
Timothy J. Mann	Vice President, Purchasing
Jake Balling	Director, Accounting, Operations European
Scott Ocholik	Director, Finance & Investor Relations
Robert Mead	Dura Financial Communications Representative
J. Richard Jones	Director
Jack K. Edwards	Director
James O. Futterknecht Jr.	Director
Nick G. Preda	Director
Ralph R. Whitney	Director
Walter P. Czarnecki	Director
Yousif B. Ghafari	Director

Board of Directors

Name (plus bio)	Position
Steven Gilbert	Chairman
James O. Futtterknecht	Board of Directors
Robert S. Oswald	Board of Directors

Organization	Position	Status
DURA Automotive Systems, Inc.	President & Chief Executive Officer	Current
TriMas Corporation	Director	Current
Metaldyne Corporation	Chief Executive Officer	Former
ITT Automotive	Chief Executive Officer	Former
Metaldyne Sintered Components, Inc.	Chairman, President & CEO	Former
Penske Corporation	President	Former
Metaldyne Corporation	President	Former
ITT Automotive	President	Former
Penske Corporation	Chief Operating Officer	Former
ITT Corporation	Senior Vice President	Former
DURA Automotive Systems, Inc.	Chairman	Former
Metaldyne Corporation	Chairman	Former
Federal Reserve Bank of Chicago	Director	Former
Collins & Aikman Corporation	Board of Directors	Former
Metaldyne Corporation	Director	Former
University of Michigan	Master's Degree In Business Administration	Former
University of Michigan	Bachelor of Science Degree In Mechanical Engineering	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	President, Body & Glass Division	Current
Excel Industries, Inc.	CEO, European Body & Glass Division	Former
DURA Automotive Systems, Inc.	Vice President	Former
DURA Automotive Systems, Inc.	Managing Director	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	President, Control Systems Division	Current
DURA Automotive Systems, Inc.	Executive Vice President, Operations	Former
DURA Automotive Systems, Inc.	Director, Michigan Operations	Former
DURA Automotive Systems, Inc.	Divisional Purchasing Manager	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	President, Atwood Mobile Products Group	Current
DURA Automotive Systems, Inc.	Vice President, North American Shifter	Former
DURA Automotive Systems, Inc.	General Manager, North American Shifter	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	CFO, Vice President & Assistant Secretary	Current
DURA Automotive Systems, Inc.	Board of Directors	Current
The Dow Chemical Company		Former
Dow Automotive		Former

Organization	Position	Status
DURA Automotive Systems, Inc.	Vice President	Current
Atwood Mobile Products	President	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	Vice President,Information Technology & Administration	Current
TRW, Inc.	Vice President, Steering and Suspension Division	Former
Carrier Corporation	Director, Quality, North American Operations	Former
TRW, Inc.	Director, Quality	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	Vice President & Controller	Current

Organization	Position	Status
DURA Automotive Systems, Inc.	Vice President	Current

Organization	Position	Status
DURA Automotive Systems, Inc.	Vice President of Global Marketing	Current

Organization	Position	Status
DURA Automotive Systems, Inc.	Vice President, Human Resources	Current
Excel Industries, Inc.	Director, Human Resources	Former
DURA Automotive Systems, Inc.	Director, Corporate Human Resources	Former
Lucas Industries	Manager, Hr and Communications, North America	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	Vice President, Sales, N America	Current

Organization	Position	Status
DURA Automotive Systems, Inc.	Vice President, Purchasing	Current
Intier Automotive Inc.	Director of Purchasing	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	Director, Accounting, Operations European	Current
DURA Automotive Systems, Inc.	Director, Accounting, Operations European	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	Director, Finance & Investor Relations	Current
DURA Automotive Systems, Inc.	Director, Finance & Investor Relations	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	Dura Financial Communications Representative	Current

Organization	Position	Status
The Sun Group	Senior Managing Director and Chairman	Current
True Temper Sports, Inc.	Director and Co-Chairman	Current
DURA Automotive Systems, Inc.	Chairman	Current
Gilbert Global Equity Partners	Chairman	Current
OCG Ventures, LLC	Vice Chairman	Current
New York University School of Medicine	Board of Directors	Current
Montpelier Re Holdings Ltd.	Board of Directors	Current
CPM Holdings, Inc.	Director	Current
Wharton Graduate School of the University of Pennsylvania	Board of Directors	Current
Core Wealth Management, LLC	Board of Directors	Current
Lions Gate Films	CEO	Former
Wertheim	Vice President	Former
Chemical Venture Partners	Founder	Former
Chemical Venture Partners	Managing General Partner	Former
Lions Gate Films	Principal Owner	Former
New York University School of Medicine	Trustee	Former
Morgan Stanley	NA	Former
Woodrow Wilson International Center for Scholars		Former
Lions Gate Films	Chairman	Former
LCC International, Inc.	Board of Directors	Former
Office Depot, Inc.	Director	Former
Harvard Law School	J.D.	Former
Harvard Business School	M.B.A.	Former
Wharton Graduate School of the University of Pennsylvania	B.S.	Former
Wharton Graduate School of the University of Pennsylvania	graduate	Former
Harvard Law School	graduate	Former
Harvard Business School	graduate	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	Director	Current

Organization	Position	Status
DURA Automotive Systems, Inc.	Director	Current

Array

Organization	Position	Status
Hammond, Kennedy, Whitney & Company Inc.	Partner, Indianapolis	Current
The University of Texas at Austin	BA	Former
Excel Industries, Inc.	CEO	Former
Excel Industries, Inc.	President	Former
Excel Industries, Inc.	Chairman	Former

Organization	Position	Status
DURA Automotive Systems, Inc.	Board of Directors	Current

Organization	Position	Status
DURA Automotive Systems, Inc.	Director	Current

Organization	Position	Status
Hammond, Kennedy, Whitney & Company Inc.	Partner	Current
Hammond, Kennedy, Whitney & Company Inc.	Principal	Current
Whitney & Co., LLC	Principal	Current
Hammond, Kennedy, Whitney & Company Inc.	Chairman, New York	Current
Reinhold Industries Inc.	Chairman of the Board	Current
SELAS Heat Technology Company LLC	Director	Current
Baldwin Technologies, Inc.	Director	Current
First Internet Bank of Indiana	Director	Current
DURA Automotive Systems, Inc.	Director	Current
Excel Corporation	Chairman of the Board	Former
Excel Industries, Inc.	Director	Former
University of Rochester	BA	Former
Baldwin Technology Company, Inc.	Director	Former

Mr. Oswald served as the former chairman and chief executive officer of Robert Bosch, USA. Mr. Oswald has also served as chairman of Bendix Commercial Vehicle Systems and in other executive positions with Cummins, Inc. Mr. Oswald is a director of Perceptron, Inc.

Organization	Position	Status
Bendix Commercial Vehicle Systems LLC	Chairman	Former
DURA Automotive Systems, Inc.	Board of Directors	Current
Perceptron, Inc.	Board of Directors	Current
Robert Bosch Corporation	Chief Executive Officer	Former
Robert Bosch Corporation	President	Former
Robert Bosch Corporation	Chairman	Former