VC Visteon Corporation

Visteon, Van Buren Township Form $1.5 Million Civic Fund to Support Community Improvements VAN BUREN TOWNSHIP, Mich., April 20 /PRNewswire/ -- Visteon Corporation and Van Buren Charter Township today announced they have joined forces to create the Van Buren Civic Fund, a not-for-profit organization dedicated to raising money for township projects and services. (Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) Visteon pledged to donate $1 million to the fund, and will initially contribute $500,000. The balance will be used to match dollar-for-dollar donations from area businesses and residents, with a goal of raising $1.5 million by the end of 2004. "This partnership lays the foundation for financing community projects and programs that will benefit Van Buren Township businesses and residents alike," said Stacy Fox, Visteon's senior vice president, Corporate Transactions and Legal Affairs. "We encourage our neighbors in Van Buren to support the fund, and are hopeful that our participation in the fund will foster an atmosphere of active corporate citizenship within the township's growing business community." Visteon is in the final stages of construction for Visteon Village, its new 870,000-square foot corporate office and innovation center in Van Buren Township. The company plans to move more than 3,000 employees into the facility during the second half of 2004, as part of a consolidation of about 15 non-manufacturing facilities. "We're absolutely thrilled that Visteon has partnered with us to make Van Buren an even better place to live and work," said Cindy King, Van Buren Township supervisor. "The Civic Fund will be a great tool for helping us achieve our community objectives." Members of the Van Buren Civic Fund board of directors are Cindy C. King, Van Buren Township supervisor; Norman E. Johnson, director, government and community affairs, Visteon; Father John Hagan, Trinity Episcopal Church; Scott Jones, president, L & W Engineering Co.; Anne Porster, chief financial officer, Grand River Printing & Imaging, Inc.; and township residents Beverly Jenkins and Robert Thorne. Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has approximately 72,000 employees and a global delivery system of more than 200 technical, manufacturing, sales, and service facilities located in 25 countries. http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE: Visteon Corporation CONTACT: Media Inquiries: Kimberly A. Welch, +1-313-755-3537, , or Melinda Czarnecki, +1-313-755-5448, , both of Visteon Corporation Web site: http://www.visteon.com/

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