TRIANGLE SUSPENSION SYSTEMS, INC. OPENS NEW MANUFACTURING FACILTY

DuBois, PA. (January 22, 2007) - Triangle Suspension Systems, Inc., produced the first multi-leaf spring Friday, January 12, 2007 from its new Short Run Plant in Punxsutawney, PA. Since 1919, the Triangle name has been synonymous with steel leaf springs. Originally located in the "Golden Triangle" section of Pittsburgh, in 1927 Triangle's base of operation moved to DuBois, PA. Steady growth in market share and a series of strategic acquisitions put Triangle firmly on the road to becoming North America's premier supplier of undercarriage products for the independent aftermarket.

"Triangle's recent focus on core competencies and current business philosophy necessitated a short run manufacturing facility. After months of searching for a suitable manufacturing location, Triangle chose the former Jensen plant in Punxsutawney, PA" said Fernando Bertero, President of Triangle Suspension Systems. "The DuBois facility, also known as the Long Run Plant, will continue to improve its output, manufacturing high volume parabolic and multi-leaf springs, while continuing to meet or exceed Triangle's high quality standards."

Harry Pehote, VP of Manufacturing stated, "Triangle's Short Run Plant is the showcase of the industry. The plant, from concept to start up, was based on 80/20 and lean manufacturing principles. Several of the manufacturing employees working at the plant invested 9 months on a project team that analyzed existing manufacturing processes and reconfigured the plant." Bob Heberling, Operations Manager, Short Run Plant, used his knowledge of 80/20 and lean manufacturing to lead the project team to design new ways to manufacture leaf springs that have not changed in a hundred years. "The perseverance of Bob and his team has led to a state of the art factory, set up by the employees, with technology new to the leaf spring industry. As a result of their success the lessons learned from our Short Run Plant will be implemented in our Long Run Plant in the near future. Both plants are dedicated to being world class manufacturing operations, supplying high quality products to our customers" said Harry Pehote.

Harry Howard, VP of Sales & Marketing comments on the competitive advantage Triangle will have in today's market. "Triangle will be positioned to better serve our customers and reduce industry lead times. The Long Run Plant will allow us to focus on our large volume part numbers while being able to supply top-quality specialized product to niche markets from the Short Run Plant."

The recent undertaking demonstrates Triangle's commitment to "building a future" as the market leader in the medium and heavy duty vehicle aftermarket.

CONTACTS: Media Inquiries
Linda Dinger
(814) 375-7206
Email: ldinger@triangleusa.com

Harry Howard
VP of Sales & Marketing
(814) 375-1464
Email: hhoward@triangleusa.com