Cooper-Standard Automotive To Close Archbold, Ohio Plant

Novi, Mich., January 12, 2007 - Cooper-Standard Automotive Inc. announced today that the company will close its Archbold, Ohio fluid systems facility by the 3rd quarter of 2008. Existing production and manufacturing equipment will be transferred to other Cooper-Standard operations in North America.

"This is part of a broad reorganization plan to reduce operating costs, increase efficiencies, and improve our competitive position while better aligning our manufacturing capacity in North America," stated President and COO Ed Hasler.

The Archbold operation employs approximately 215.


About Cooper-Standard Automotive
Cooper-Standard Automotive Inc., headquartered in Novi, Mich., is a leading global automotive supplier specializing in the manufacture and marketing of systems and components for the automotive industry. Products include body sealing systems, fluid handling systems, and NVH control systems. Cooper-Standard Automotive Inc. employs approximately 19,000 people globally with more than 70 facilities throughout the world. For more information, visit the company's Web site at: www.cooperstandard.com.

Cooper-Standard is a privately-held portfolio company of The Cypress Group and Goldman Sachs Capital Partners Funds.

The Cypress Group is a private equity investment firm managing more than $3.5 billion of capital. Cypress has an extensive track record of making growth-oriented investments in targeted industry sectors and building equity value alongside proven management teams.

Founded in 1869, Goldman Sachs is one of the oldest and largest investment banking firms. Goldman Sachs is also a global leader in private corporate equity and mezzanine investing. Established in 1991, the GS Capital Partners Funds are part of the firm's Principal Investment Area in the Merchant Banking Division. Since 1986, Goldman Sachs' Principal Investment Area has formed 13 investment vehicles aggregating $56 billion of capital to date.