Peterson American Expands in North America

    SOUTHFIELD, Mich., Aug. 25 /CNW/ -- Despite views of a sluggish economy,
the automotive industry, as well as other manufacturing segments are rapidly
growing in North America. In response to this growth, Peterson American
Corporation is currently expanding its presence in order to better meet
customer needs.
    Peterson American announces the addition of capacity through a new
Peterson Spring facility, located in Queretaro, Mexico. This facility,
scheduled for completion in October 2008, will complement Peterson's existing
global footprint, and will offer full capability regarding compression
springs, extension springs, torsion springs, formed wires, wire rings,
stampings and assembly. Located in central Mexico, Peterson's presence will
best afford quality products and services at competitive pricing. Mexico has
long been a key operating location for Peterson for more than fifty years. By
expanding current operations, Peterson will maintain and improve geographical
competitiveness and product quality.
    Peterson American has been at the forefront of the automotive spring
industry since its creation in 1914. Founded in 1932, Peterson Spring is a
charter member of the Spring Manufacturers Institute (SMI). Peterson Spring is
the largest independent manufacturer in North America, and employs over 750
employees in 15 locations worldwide. For more information on Peterson Spring,
a Peterson American Company, please visit .

For further information:

For further information: Don Lowe, Senior Vice President, Sales and
Marketing, Peterson American Corporation, +1-248-799-5400, Web Site:

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