-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DraA4+OmKnFYtW0RqLvdcPN4ucwNRSL709LHed6JX4D5wAPc4hGQ9kI3i6AztnrL USWU2DgHTKaQEgtg+wdrQQ== 0000853867-03-000008.txt : 20030402 0000853867-03-000008.hdr.sgml : 20030402 20030402163954 ACCESSION NUMBER: 0000853867-03-000008 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20030404 FILED AS OF DATE: 20030402 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DECOMA INTERNATIONAL INC CENTRAL INDEX KEY: 0000853867 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 980098420 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17946 FILM NUMBER: 03637119 BUSINESS ADDRESS: STREET 1: 50 CASMIR CT CITY: CONCORD, ONTARIO STATE: A6 ZIP: L4K 4J5 BUSINESS PHONE: 9056692888 MAIL ADDRESS: STREET 1: 50 CASMIR COURT CITY: CONCORD, ONTARIO STATE: A6 ZIP: L4K 4J5 6-K 1 apr2-2003form6k.htm Form 6-K Press Release

FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934

For the month of ______April_______, 2003____


Commission File Number _______________000-17946____________________


_________________DECOMA INTERNATIONAL INC._____________________
(Translation of registrant's name into English)

_____________50 Casmir Court, Concord, Ontario, Canada L4K 4J5_____________
(Address of principal executive offices)


Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F......... Form 40-F....X.....


Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____


Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.


Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____


Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.


Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ..... No ..X...

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

DECOMA INTERNATIONAL INC.
(Registrant)

Date__April 2, 2003__

By: ___ /s/ R. David Benson ____________
R. David Benson, Executive Vice-President,
Secretary and General Counsel

EXHIBITS

 

Exhibit 99

Press release issued April 2, 2003, of the Registrant announcing court approval of the purchase of certain lighting operations from Federal-Mogul Corporation

 
EX-99 3 deca2apr03pressrelease-ex99.htm Press Release re Federal-Mogul


PRESS RELEASE

DECOMA ANNOUNCES COURT APPROVAL OF PURCHASE OF FEDERAL-MOGUL'S ORIGINAL EQUIPMENT LIGHTING OPERATIONS


Concord, Ontario, Wednesday, April 2, 2003 . . . Decoma International Inc. ("Decoma") (TSX:DEC.A; NASDAQ:DECA) today announced that Federal-Mogul Corporation has received bankruptcy court approval authorizing Federal-Mogul's sale of its original equipment ("OE") automotive lighting operations in Matamoros, Mexico, a distribution centre in Brownsville, Texas, an assembly operation in Toledo, Ohio, and certain of the contracts and equipment at Federal-Mogul's original equipment automotive lighting operations in Hampton, Virginia, to Decoma. The total purchase price is US$2.25 million plus an amount to be determined for inventory. The OE lighting facilities to be acquired from Federal-Mogul by Decoma have more than 400 employees and produce primarily forward lighting modules for cars and light trucks. This acquisition is scheduled to close on April 14, 2003 with a transition of the Hampton, Virginia assets to occur subsequent to April 14, 2003. The transaction is expected to generate approxima tely US$55 million of sales on an annualized basis which will increase Decoma's North American average annualized content per vehicle by approximately US$3.


Commenting on this acquisition, Alan Power, Decoma's President and CEO said: "This acquisition is another strategic step in Decoma's growth in the automotive lighting segment of our business. The addition of these assets compliments our recent successful acquisition of Autosystems and will position Decoma as one of the top five forward lighting suppliers in North America. The critical mass created by this acquisition will support Decoma's future growth in this expanding market segment."


Decoma designs, engineers and manufactures automotive exterior components and systems which include fascias (bumpers), front and rear end modules, plastic body panels, roof modules, exterior trim components, sealing and greenhouse systems and lighting components for cars and light trucks (including sport utility vehicles and mini-vans).  Decoma has approximately 14,000 employees in 42 manufacturing, engineering and product development facilities in Canada, the United States, Mexico, Germany, Belgium, England, Japan, France and the Czech Republic.


This press release contains "forward-looking statements" within the meaning of applicable securities legislation. Such statements involve important risks and uncertainties that may cause actual results or anticipated events to be materially different from those expressed or implied herein. These factors include, but are not limited to, risks relating to the automotive industry, pricing concessions and cost absorptions, reliance on major OEM customers, production volumes and product mix, excess OEM production capacity, currency exposure, environmental matters, new facility launch risk, trade and labour relations, energy prices, technological developments by Decoma's competitors, government and regulatory policies, changes in the competitive environment in which Decoma operates and Decoma's ability to raise necessary financing. In this regard, readers are referred to Decoma's Annual Information Form for the year ended December 31, 2001, filed with the Canadian securities commissions and as an annual report on Form 40-F with the United States Securities and Exchange Commission, and subsequent public filings, including the MD&A for the year ended December 31, 2001, contained in the 2001 Annual Report. Decoma disclaims any intention and undertakes no obligation to update or revise any forward-looking statements to reflect subsequent information, events or circumstances or otherwise.


For further information about this press release, please contact S. Randall Smallbone, Executive Vice-President, Finance and Chief Financial Officer of Decoma at (905) 669-2888 or (905) 760-3203.


For further information about Decoma, please visit the Company's website at www.decoma.com.


DECOMA INTERNATIONAL INC.

50 Casmir Court
Concord, Ontario
Canada L4K 4J5
tel:  905-669-2888
fax:  905-669-5075

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