Business Summary
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Advanced Accessory Holdings Corporation is a designer and manufacturer of exterior accessories for the automotive original equipment manufacturers (OEMs), market and aftermarket. The Company's main products include an array of both rack systems and towing systems and related accessories. The Company's products are designed and engineered to meet vehicle-specific requirements, while improving vehicle functionality and styling. The Company sells its products to most of the OEMs producing vehicles in North America and Europe, and to many of the major aftermarket distributors, installers and retailers. During the year ended December 31, 2004, 66% of the Company's net sales were derived from its American operations, while the remainder was from European operations. The Company is headquartered in Sterling Heights, Michigan, and has a total of 32 facilities located in both North America and Europe, of which 24 are manufacturing and engineering facilities.
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