Collins & Aikman Corporation

Industry: Truck Auto Parts

Collins & Aikman Corp. is a global supplier of automotive interior systems, including textile and plastic trim, acoustics and convertible top systems. For the 39 weeks ended 9/30/04, revenues fell less than 1% to $2.97B. Net loss totaled $108.6M, up from $47.6M. Revenues reflect the negative volume mix change relates to elevated dealer inventory levels. Net loss also reflects reduced gross margins and a $20.3M loss on early extinguishment of debt.

Collins & Aikman Corporation is engaged primarily in the design, engineering and manufacture of automotive interior components, systems and modules. The Company supplies products from three primary categories: plastic components and cockpits, soft trim and convertible roof systems. Its products include instrument panels, fully assembled cockpit modules, floor and acoustic systems, automotive fabric and interior trim, as well as exterior trim and trim set, backlights, well slings, tonneau covers and power actuating systems. In North America, Collins & Aikman manufactures components for approximately 90% of all light vehicle production platforms. Sales are primarily made to North American-based original equipment manufacturers (OEMs), as well as Asian- and European-based OEMs. It conducts all of its operating activities through its wholly owned subsidiary Collins & Aikman Products Co. The Company has 102 plants and facilities worldwide.

Collins & Aikman Corporation Revenue* Profit* Fortune Ranking

* US$ Million

Collins & Aikman Corporation is not ranked in this year's Fortune 500

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