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The Budd Company Signs Three Year-Deal With Ventro Corporation

15 September 2001

The Budd Company Plastics Division has signed a three-year deal to utilize the Ventro collaborative commerce solution to optimize its program management across the supply chain.

Budd is a leading supplier of fiberglass-reinforced composite compounds and molded products to major automobile, truck, and engine manufacturers. With annual revenues of $2.5 billion, The Budd Company produces products for more than 100 current new vehicle models sold in North America. The Ventro contract expands on an initial installation that currently enables Budd Plastics to collaborate with 50 suppliers throughout North America. The Budd Company Plastics Division is a worldwide leader in sheet molding composite (SMC) technology and manufacturing, and produces a variety of SMC 'Class A' surface panels, structural members, and engine components. Using the Ventro solution, Budd has a secure information management and communications online site that enables diverse teams of suppliers, partners, customers, and manufacturers, located across multiple organizations and geographic regions, to electronically interact and exchange data throughout the design process.

Budd, headquartered in Troy, Mich., produces components for about 100 current vehicle models. The components include doors, fenders, roofs, hoods, and decklids in sheet metal as well as in sheet molded composite (SMC), as well as aluminum, gray iron and ductile iron castings. Budd also makes prototypes, chassis frames and subframes, bumpers and bumper reinforcements, cold weather starting and heating products, and air bag components for the automotive industry. Budd is part of ThyssenKrupp Automotive AG, of Bochum, Germany, a $6 billion supplier providing body






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