EXHIBIT 25.1
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FORM T-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) |__|
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BNY MIDWEST TRUST COMPANY
(formerly known as CTC Illinois Trust Company)
(Exact name of trustee as specified in its charter)
Illinois 36-3800435
(State of incorporation (I.R.S. employer
if not a U.S. national bank) identification no.)
2 North LaSalle Street
Suite 1020
Chicago, Illinois 60602
(Address of principal executive offices) (Zip code)
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R.J. Tower Corporation
(Exact name of obligor as specified in its charter)
Delaware 38-1421832
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive, Inc.
(Exact name of obligor as specified in its charter)
Delaware 41-17462638
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Finance, Inc.
(Exact name of obligor as specified in its charter)
Delaware 61-1430833
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive International, Inc.
(Exact name of obligor as specified in its charter)
Delaware 38-3457833
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Products Company, Inc.
(Exact name of obligor as specified in its charter)
Delaware 38-3343226
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Services and Technology, Inc.
(Exact name of obligor as specified in its charter)
Delaware 38-3442759
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Chicago, LLC
(Exact name of obligor as specified in its charter)
Illinois 03-0396803
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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Tower Automotive Granite City, LLC
(Exact name of obligor as specified in its charter)
Illinois 38-3638762
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Granite City Services, LLC
(Exact name of obligor as specified in its charter)
Illinois 38-3638791
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Technology Products, Inc.
(Exact name of obligor as specified in its charter)
Indiana 35-1010813
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Kalamazoo Stamping and Die Co.
(Exact name of obligor as specified in its charter)
Michigan 38-0704062
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive International Funding, Inc.
(Exact name of obligor as specified in its charter)
Michigan 38-3521313
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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Tower International Holding, Inc.
(Exact name of obligor as specified in its charter)
Michigan 38-3507211
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Plymouth, Inc.
(Exact name of obligor as specified in its charter)
Michigan 38-3556631
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Technology, Inc.
(Exact name of obligor as specified in its charter)
Michigan 38-3556626
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Tooling Services, Inc.
(Exact name of obligor as specified in its charter)
Michigan 30-0127002
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Services, Inc.
(Exact name of obligor as specified in its charter)
Michigan 38-3632539
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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Tower Automotive Lansing, LLC
(Exact name of obligor as specified in its charter)
Michigan 38-3570537
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Michigan, LLC
(Exact name of obligor as specified in its charter)
Michigan 38-3556627
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Tool, LLC
(Exact name of obligor as specified in its charter)
Michigan 38-3564942
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Trylon Corporation
(Exact name of obligor as specified in its charter)
Michigan 38-1942865
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Algoods USA, Inc.
(Exact name of obligor as specified in its charter)
Kentucky 61-1302545
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
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Tower Automotive Bardstown, Inc.
(Exact name of obligor as specified in its charter)
Kentucky 61-1264770
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Bowling Green, LLC
(Exact name of obligor as specified in its charter)
Kentucky 38-3638486
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Milwaukee, LLC
(Exact name of obligor as specified in its charter)
Wisconsin 38-3638484
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
Tower Automotive Wisconsin, LLC
(Exact name of obligor as specified in its charter)
Wisconsin 05-0543000
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
5211 Cascade Road
Suite 300
Grand Rapids, Michigan 49546
(Address of principal executive offices) (Zip code)
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12% Senior Notes due 2013, series B
(Title of the indenture securities)
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1. GENERAL INFORMATION. FURNISH THE FOLLOWING INFORMATION AS TO THE
TRUSTEE:
(a) NAME AND ADDRESS OF EACH EXAMINING OR SUPERVISING AUTHORITY TO
WHICH IT IS SUBJECT.
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Name Address
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Office of Banks & Trust Companies of 500 E. Monroe Street
the State of Illinois Springfield, Illinois
62701-1532
Federal Reserve Bank of Chicago 230 S. LaSalle Street
Chicago, Illinois 60603
(a) WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS.
Yes.
2. AFFILIATIONS WITH OBLIGOR.
IF THE OBLIGOR IS AN AFFILIATE OF THE TRUSTEE, DESCRIBE EACH SUCH
AFFILIATION.
None.
16. LIST OF EXHIBITS.
EXHIBITS IDENTIFIED IN PARENTHESES BELOW, ON FILE WITH THE COMMISSION,
ARE INCORPORATED HEREIN BY REFERENCE AS AN EXHIBIT HERETO, PURSUANT TO
RULE 7A-29 UNDER THE TRUST INDENTURE ACT OF 1939 (THE "ACT") AND 17
C.F.R. 229.10(D).
1. A copy of Articles of Incorporation of BNY Midwest Trust
Company (formerly CTC Illinois Trust Company, formerly
Continental Trust Company) as now in effect. (Exhibit 1 to
Form T-1 filed with the Registration Statement No. 333-47688.)
2,3. A copy of the Certificate of Authority of the Trustee as now
in effect, which contains the authority to commence business
and a grant of powers to exercise corporate trust powers.
(Exhibit 2 to Form T-1 filed with the Registration Statement
No. 333-47688.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to
Form T-1 filed with the Registration Statement No. 333-47688.)
6. The consent of the Trustee required by Section 321(b) of the
Act. (Exhibit 6 to Form T-1 filed with the Registration
Statement No. 333-47688.)
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7. A copy of the latest report of condition of the Trustee
published pursuant to law or to the requirements of its
supervising or examining authority.
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SIGNATURE
Pursuant to the requirements of the Act, the Trustee, BNY Midwest Trust
Company, a corporation organized and existing under the laws of the State of
Illinois, has duly caused this statement of eligibility to be signed on its
behalf by the undersigned, thereunto duly authorized, all in The City of
Chicago, and State of Illinois, on the 9th day of July, 2003.
BNY Midwest Trust Company
By: /S/ R. ELLWANGER
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Name: R. ELLWANGER
Title: ASSISTANT VICE PRESIDENT
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OFFICE OF BANKS AND REAL ESTATE
BUREAU OF BANKS AND TRUST COMPANIES
CONSOLIDATED REPORT OF CONDITION
OF
BNY MIDWEST TRUST COMPANY
209 WEST JACKSON BOULEVARD
SUITE 700
CHICAGO, ILLINOIS 60606
Including the institution's domestic and foreign subsidiaries completed as of
the close of business on March 31, 2003, submitted in response to the call of
the Office of Banks and Real Estate of the State of Illinois.
ASSETS THOUSANDS OF DOLLARS
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1. Cash and Due from Depository Institutions .............................. 24,268
2. U.S. Treasury Securities ............................................... - 0 -
3. Obligations of States and Political Subdivisions ....................... - 0 -
4. Other Bonds, Notes and Debentures ...................................... - 0 -
5. Corporate Stock ........................................................ - 0 -
6. Trust Company Premises, Furniture, Fixtures and Other ...............
Assets Representing Trust Company Premises ............................. 878
7. Leases and Lease Financing Receivables ................................. - 0 -
8. Accounts Receivable .................................................... 3,692
9. Other Assets ...........................................................
(Itemize amounts greater than 15% of Line 9)............................
GOODWILL ........................................................ 86,813
86,911
10. TOTAL ASSETS............................................................. 115,749
Page 1 of 3
OFFICE OF BANKS AND REAL ESTATE
BUREAU OF BANKS AND TRUST COMPANIES
CONSOLIDATED REPORT OF CONDITION
OF
BNY MIDWEST TRUST COMPANY
209 WEST JACKSON BOULEVARD
SUITE 700
CHICAGO, ILLINOIS 60606
LIABILITIES THOUSANDS OF DOLLARS
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11. Accounts Payable ............................................... - 0 -
12. Taxes Payable .................................................. - 0 -
13. Other Liabilities for Borrowed Money ........................... 25,425
14. Other Liabilities ..............................................
(Itemize amounts greater than 15% of Line 14) ..................
Reserve for Taxes ...................................... 3,991
Taxes due to Parent .................................... 2,934
7,199
15. TOTAL LIABILITIES ..............................................
32,624
EQUITY CAPITAL
16. Preferred Stock ................................................ - 0 -
17. Common Stock ................................................... 2,000
18. Surplus ........................................................ 62,130
19. Reserve for Operating Expenses ................................. - 0 -
20. Retained Earnings (Loss) ....................................... 18,995
21. TOTAL EQUITY CAPITAL ........................................... 83,125
22. TOTAL LIABILITIES AND EQUITY CAPITAL ........................... 115,749
Page 2 of 3
I, Keith A. Mica, Vice President
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(Name and Title of Officer Authorized to Sign Report)
of BNY Midwest Trust Company certify that the information contained in this
statement is accurate to the best of my knowledge and belief. I understand that
submission of false information with the intention to deceive the Commissioner
or his Administrative officers is a felony.
/s/ Keith A. Mica
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(Signature of Officer Authorized to Sign Report)
Sworn to and subscribed before me this 30th day of April, 2003. My Commission
expires May 15, 2007.
/s/ Joseph A. Giacobino, Notary Public
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(Notary Seal)
Person to whom Supervisory Staff should direct questions concerning this report.
Christine Anderson (212)437-5984
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Name Telephone Number (Extension)