News Releases

TRW Expands Electric Steering in Poland to Meet Growing Demand

Jul 7, 2011

LIVONIA, Mich., July 7, 2011 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW), today announced plans to expand its electrically powered steering systems manufacturing in Poland, in support of growing demand from a range of vehicle manufacturers.  Approximately 9,000 square meters of additional manufacturing space will be established in Bielsko Biala close to the existing site in Czechowice-Dziedzice.  Production will start in the first quarter of 2012.  Initially, 250 new roles will be created.

TRW is Poland's largest tier one automotive supplier employer, with four other plants in Czestochowa, Gliwice and Pruszkow and more than 6,000 employees.

Michael Degen, vice president operations for TRW's European Steering Operations, said: "We have enjoyed growing demand for TRW's Column and Belt Drive Electrically Powered Steering (EPS) systems.  We are expanding production to meet current and future demands for this product.  By 2015, we estimate that up to 80 percent of new vehicles will be equipped with pure electric steering.

"EPS technology is meeting vehicle manufacturers' and consumers' desire for fuel efficiency and reduced emissions.  TRW's electric steering can deliver fuel economy improvements of up to 4 percent compared to standard hydraulic powered steering systems."

TRW has been continuously improving and expanding the application of electrically powered steering – by making it more affordable for emerging markets with a lower cost Column Drive variant and working on future generations of Belt Drive for larger vehicles.

Degen concluded: "We have an excellent workforce in Czechowice and this expansion represents our confidence in operations there.  We have proven that we are able to cost effectively produce world class products here."

About TRW

With 2010 sales of $14.4 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 26 countries and employs over 60,000 people worldwide.  TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services.  All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated.  TRW Automotive news is available on the internet at www.trw.com.

Forward-Looking Statements

This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  We caution readers not to place undue reliance on these statements, which speak only as of the date hereof.  All forward-looking statements are subject to numerous assumptions, risks and uncertainties which could cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Report on Form 10-K for the fiscal year ended December 31, 2010 (our "Form 10-K") and our report on Form 10-Q for the fiscal quarter ended April 1, 2011, such as: any shortage of supplies causing a production disruption due to the events in Japan or otherwise; tighter financial markets adversely impacting the availability and cost of credit negatively affecting our business; a material contraction in automotive sales and production adversely affecting our results or the viability of our supply base; commodity inflationary pressures adversely affecting our profitability or supply base; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; pricing pressures from our customers adversely affecting our profitability; increasing costs negatively impacting our profitability; the loss of any of our largest customers materially adversely affecting us; costs of product liability, warranty and recall claims and efforts by customers to adversely alter contract terms and conditions concerning warranty and recall participation; costs or liabilities relating to environmental, health and safety regulations adversely affecting our results; risks associated with non-U.S. operations adversely affecting our business, results or financial condition; any inability to protect our intellectual property rights adversely affecting our business or our competitive position; any increase in the expense of our pension and other postretirement benefits or the funding requirements of our pension plans reducing our profitability; work stoppages or other labor issues at our facilities or at the facilities of our customers or suppliers adversely affecting our operations; volatility in our annual effective tax rate resulting from a change in our valuation allowances position or other factors;   and other risks and uncertainties set forth in our Form 10-K and in our other filings with the U.S. Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.

SOURCE TRW Automotive Holdings Corp.


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