September 20 , 2011

MLI has been notified by Autoliv Brazil that it has been awarded the Fiat 178/370 passenger side airbag(PAB) contract. The vehicles spec’d with this product will be manufactured and sold in Brazil. The airbags will be manufactured in MLI’s San Pedro, Mexico facility near Torreon in the state of Coahuila. Production will begin in June of 2012 and run through June 2017. Annual production is expected to be 180,000 airbags.

MLI President and CEO Mickey Dunn stated “This is a tremendous opportunity for MLI to become a very important player in the Brazilian automotive market. We are thrilled to have the confidence of Autoliv Brazil and Autoliv North America to award us this opportunity.”

MLI has approximately 1,800 employees and manufactures 200,000 airbags per week.