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Latest Tower International Inc. Stories

2014-09-16 20:21:20

LIVONIA, Mich., Sept. 16, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced that it is postponing its previously announced proposed offering of $250 million of Senior Unsecured Notes due to less-favorable market conditions. "We are interested in moving our capital structure to more fixed rate debt over time, but Tower has record liquidity this year and no...

2014-09-10 08:20:44

LIVONIA, Mich., Sept. 10, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced a proposed offering by two of its wholly-owned subsidiaries of $250 million aggregate principal amount of Senior Unsecured Notes. The gross proceeds from the proposed offering will be used to prepay a portion of the issuers' existing $450 million Term Loan B due 2020. The company is...

2014-07-23 12:21:55

LIVONIA, Mich., July 23, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, will report second quarter 2014 financial results before the market opens on Thursday, July 31, 2014, via PR Newswire. At 1:00 p.m. EDT on that date, a conference call is scheduled to discuss the results in further detail, as well as other related matters. To participate in the conference call: --...

2014-04-17 08:23:56

LIVONIA, Mich., April 17, 2014 /PRNewswire/ --Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered structural metal components and assemblies, will report first quarter 2014 financial results before the market opens on Wednesday, April 30, 2014, via PR Newswire. At 11:00 a.m. EDT on that date, a conference call is scheduled to discuss the results in further detail, as well as other related matters. To participate in the conference call: --...

2014-03-11 08:21:36

LIVONIA, Mich., March 11, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered automotive structural metal components and assemblies, today announced that Thomas "Tony" K. Brown, recently retired Group Vice President of Global Purchasing at Ford Motor Company, has been elected to Tower's Board of Directors, effective April 1, 2014. Brown, 58, led Ford's Global Purchasing organization from 2002 until his retirement in...

2014-02-07 16:23:07

LIVONIA, Mich., Feb. 7, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered structural metal components and assemblies, will report fourth quarter 2013 financial results before the market opens on Thursday, February 13, 2014, via PR Newswire. At 11:00 a.m. EST on that date, a conference call is scheduled to discuss the results in further detail, as well as other related matters. To participate in the conference call: --...


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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