Constellium supplies 10 millionth part to Ford Motor Company and expands its business to include the all-new Ford Expedition
July 13 2017 - 2:00AM
Constellium N.V. (NYSE:CSTM) and (Euronext Paris:CSTM) is
proud to announce that it has delivered its 10 millionth part to
Ford Motor Company. A provider of aluminum structural components
for the Ford F-150 and Super Duty trucks, Constellium will also
supply the all-new Ford Expedition starting in Fall 2017.
Constellium provides several aluminum parts for the Ford F-150
and Super Duty, including the windshield header, a complex
component that reduces weight as well as the number of parts
required in comparison with the steel version it replaced.
“It’s an honor to supply the iconic Ford F-150 and Super Duty
trucks,” said Eric Krepps, Constellium’s Vice President and General
Manager of Automotive Structures for North America. “Our Van Buren,
Michigan, plant has an excellent record of quality and delivery to
Ford and I am very proud of their success.”
In Fall 2017, Constellium will begin supplying the all-new
aluminum-intensive Ford Expedition from its Van Buren plant as
well. The facility was expanded in 2015 to double its production
capacity to accommodate the Ford projects. The 2018 model year
Expedition saves 300 pounds compared to the previous model thanks
to advanced materials like aluminum.
Aluminum is increasingly adopted by automakers as a material of
choice to aid in lightweighting vehicles to improve fuel economy
and lower emissions. In response to growing demand for its
high-strength, lightweight automotive structural components,
Constellium opened a new plant in White, Georgia, this spring and
will open a new plant in San Luis Potosí, Mexico, in 2018.
About Constellium
Constellium (NYSE:CSTM) and (Euronext
Paris:CSTM) is a global sector leader that develops
innovative, value added aluminium products for a broad scope of
markets and applications, including aerospace, automotive and
packaging. Constellium generated €4.7 billion of revenue in
2016.
www.constellium.com
Forward Looking Statement
Certain statements contained in this press
release may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
This press release may contain “forward looking statements” with
respect to our business, results of operations and financial
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involve risks and uncertainties. Many risks and uncertainties are
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our business and operations. These risks and uncertainties include,
but are not limited to, the ability of Constellium and Wise Metals
to achieve expected synergies and the timing thereof; Constellium’s
increased levels of indebtedness, which could limit Constellium’s
operating flexibility and opportunities; the potential failure to
retain key employees, the loss of customers, suppliers and other
business relationships slower or lower than expected growth in the
North American market for Body-in-White aluminium rolled products,
and other risk factors set forth under the heading “Risk Factors”
in our Annual Report on Form 20-F, and as described from time to
time in subsequent reports filed with the U.S. Securities and
Exchange Commission. The occurrence of the events described and the
achievement of the expected results depend on many events, some or
all of which are not predictable or within our control.
Consequently, actual results may differ materially from the
forward-looking statements contained in this press release. We
undertake no obligation to publicly update or revise any
forward-looking statement as a result of new information, future
events or otherwise, except as required by law.
Constellium
Delphine Dahan-Kocher – AMERICA Corporate Communications
Phone: +1 (212) 858-9963 / delphine.dahan-kocher@constellium.com
Christel des Royeries – EUROPE Corporate Communications
Phone: +33 1 73 01 46 73 / christel.des-royeries@constellium.com
Stacie Tong – AUTOMOTIVE STRUCTURES / Communications
Phone: +1 (248) 207 8842 / stacie.tong@constellium.com
Ryan Wentling – Investor Relations
Phone: +1 (212) 675-5450
investor-relations@constellium.com
Patricia Radice – MCCI Public Relations
Phone: +1 (248) 321-4651
pradice@mccicorp.com