NTC Homepage > Resources > PR Newswire > Auto Industry News

Neither DaimlerChrysler, the UAW nor the National Training Center are responsible for any of the content (or of links to content) from other organizations that is posted here by PR Newswire.

This article is a public relations release from a company, union or other organization and reflects the organization's own policies and viewpoints. UAWDCX.com does not control its content.

Miller Industries Elects New Director

    CHATTANOOGA, Tenn., March 10 /PRNewswire-FirstCall/ -- Miller
Industries, Inc. (NYSE: MLR) (the "Company") today announced the election
of Theodore H. Ashford III to the Company's Board of Directors effective as
of April 1, 2010. His election will bring the number of Directors on the
Company's Board to six, of which four will be independent directors.

    Mr. Ashford, age 46, is the President and Chief Investment Officer of
Ashford Capital Management, Inc. where he is responsible for overseeing the
planning and operation of the company's investment decisions, processes and
related client services. Over the past four years, he has led the expansion
of the firm's international investment research effort to areas including
China, Canada, Australia, the European Union and Brazil. He was named to
this position in 2003 after serving as an Investment Analyst for 10 years.
Mr. Ashford graduated from Harvard College in 1986 with a Bachelor of Arts
in History.

    William G. Miller, Chairman of the Board and Co-CEO of the Company
stated, "We are pleased to welcome Ted to our Board of Directors. Ted is a
recognized business leader with a strong financial background, and we look
forward to benefitting from his experience and expertise as we continue to
execute our operating strategy going forward."

    Miller Industries is the world's largest manufacturer of towing and
recovery equipment, and markets its towing and recovery equipment under a
number of well-recognized brands, including Century, Vulcan, Chevron,
Holmes, Challenger, Champion, Jige, Boniface and Eagle.

    Certain statements in this news release may be deemed to be
forward-looking statements, as defined in the Private Securities Litigation
Reform Act of 1995. Forward-looking statements can be identified by the use
of words such as "may," "will," "should," "could," "continue," "future,"
"potential," "believe," "project," "plan," "intend," "seek," "estimate,"
"predict," "expect," "anticipate" and similar expressions, or the negative
of such terms, or other comparable terminology. Forward-looking statements
also include the assumptions underlying or relating to any of the foregoing
statements. Such forward-looking statements are made based on our
management's beliefs as well as assumptions made by, and information
currently available to, our management. Our actual results may differ
materially from the results anticipated in these forward-looking statements
due to, among other things, economic and market conditions; the risks
related to the general economic health of our customers; our customers'
access to capital and credit to fund purchases, including the ability of
our customers to secure floor plan financing; the success and timing of
existing and additional export and government orders; the cyclical nature
of our industry; changes in fuel and other transportation costs; our
dependence on outside suppliers of raw materials; changes in the cost of
aluminum, steel and related raw materials; and those other risks discussed
in our filings with the SEC, including those risks discussed under the
caption "Risk Factors" in our Annual Report on Form 10-K for fiscal 2009,
which discussion is incorporated herein by this reference. Such factors are
not exclusive. We do not undertake to update any forward-looking statement
that may be made from time to time by, or on behalf of, our company.