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SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 11-K
  þ
    
    ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT
OF 1934
 For the fiscal year ended December 31, 2005
 OR
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
 For the transition period from  to




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Tower Automotive Products Employee 401(k) Savings Plan
 Financial Report
 December 31, 2005




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Tower Automotive Products
Employee 401(k) Savings Plan
  
 Contents
 Report Letter
    
    
    1Statement of Assets Available for Benefits
    
    
    2Statement of Changes in Assets Available for Benefits
    
    
    3Notes to Financial Statements
    
    
    4-9Schedule of Assets Held at End of Year
    
    10Consent of Independent Registered Public Accounting Firm




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Tower Automotive Products
Employee 401(k) Savings Plan
 
 Statement of Net Assets Available for Benefits
 December 312005
    
    
    2004AssetsParticipant-directed investments:Money market fund
    
    $
    22,365
    
    
    $
    110,972Pooled separate account
    
    
    22,084,367
    
    
    
    23,794,745Mutual funds
    
    
    30,566,799
    
    
    
    34,065,097Tower Automotive, Inc. common stock
    
    
    55,295
    
    
    
    2,085,481Participant loans
    
    
    404,453
    
    
    
    712,164Total participant-directed investments
    
    
    53,133,279
    
    
    
    60,768,459Employee contributions receivable
    
    
    8,172
    
    
    
    25,100Net Assets Available for Benefits
    
    $
    53,141,451
    
    
    $
    60,793,559
  2




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Tower Automotive Products
Employee 401(k) Savings Plan
 
 Statement of Changes in Net Assets Available for Benefits
 Year Ended December 312005
    
    
    2004Additions to Net Assets Available for BenefitsInvestment income:Interest and dividends
    
    $
    1,463,962
    
    
    $
    547,703Net appreciation (depreciation) in fair value
of investments in:Mutual funds
    
    
    667,352
    
    
    
    2,701,019Employer common stock
    
    
    (2,165,024
    )
    
    
    (2,616,265
    )Pooled separate account
    
    
    878,863
    
    
    
    956,855Total investment income
    
    
    845,153
    
    
    
    1,589,312Contributions:Employee
    
    
    1,429,274
    
    
    
    2,108,519Rollover
    
    
    1,952
    
    
    
    2,839Total contributions
    
    
    1,431,226
    
    
    
    2,111,358Total additions
    
    
    2,276,379
    
    
    
    3,700,670Deductions from Net Assets Available for BenefitsBenefits paid directly to participants
    
    
    9,917,870
    
    
    
    9,348,155Administrative expenses
    
    
    10,617
    
    
    
    87,286Total deductions
    
    
    9,928,487
    
    
    
    9,435,441Net Decrease in Net Assets
    
    
    (7,652,108
    )
    
    
    (5,734,771
    )Net Assets Available for BenefitsBeginning of year
    
    
    60,793,559
    
    
    
    66,528,330End of year
    
    $
    53,141,451
    
    
    $
    60,793,559
  3




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Tower Automotive Products
Employee 401(k) Savings Plan
 
 Notes to Financial Statements
December 31, 2005 and 2004
 Note 1  Description of the Plan
  General
    Contributions
 4




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Tower Automotive Products
Employee 401(k) Savings Plan
 Notes to Financial Statements
December 31, 2005 and 2004
   Plan
Operations
 Participant
Accounts
 Vesting
 VestingYears of Service
    
    PercentageLess than 2 years
    
    
    02 years
    
    
    403 years
    
    
    604 years
    
    
    805 years or more
    
    
    100
 5




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Tower Automotive Products
Employee 401(k) Savings Plan
 Notes to Financial Statements
December 31, 2005 and 2004
 Loans
to Participants
 Payment
of Benefits
 Forfeited
Accounts
 Note 2  Summary of Accounting Policies
 Assets
and Liabilities
    6




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Tower Automotive Products
Employee 401(k) Savings Plan
 Notes to Financial Statements
December 31, 2005 and 2004
 Benefits
Paid 
 Administrative
Expenses
 Use
of Estimates
 Risks
and Uncertainties
 New
Accounting Pronouncements
 Note 3  Investments
  2005
    
    2004Pooled separate account  New York LifeAnchor Account
    
    $
    22,084,367
    
    
    $
    23,794,745Mutual funds:Franklin Balance Sheet Investment Fund
    
    
    3,248,556
    
    
    
    2,852,271AIM Basic Value Fund
    
    
    3,029,216
    
    
    
    3,675,693MainStay
S&P 500 Index Fund Class A
    
    
    3,714,515
    
    
    
    4,677,493AIM Small Cap Growth Fund
    
    
    6,867,691
    
    
    
    7,882,279Goldman Sachs Mid Cap Value Fund Class A
    
    
    2,736,176
    
    
    
    2,000,943
 7




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Tower Automotive Products
Employee 401(k) Savings Plan
 Notes to Financial Statements
December 31, 2005 and 2004
 Note 4  Related Party Transactions
   Note 5  Plan Termination
   Note 6  Tax Status
  Note 7  Reconciliation with Form 5500
  2005
    
    
    2004Net assets available for benefits per financial
Statements
    
    $
    53,141,451
    
    
    $
    60,793,559Less contributions receivable at December 31
    
    
    (8,172
    )
    
    
    (25,100
    )Net assets available for
benefits per Form 5500
    
    $
    53,133,279
    
    
    $
    60,768,459
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Tower Automotive Products
Employee 401(k) Savings Plan
 Notes to Financial Statements
December 31, 2005 and 2004
  Employee contributions per financial statements
    
    $
    1,429,274Less employee contributions receivable at December 31, 2005
    
    
    (8,172
    )Plus contributions receivable at December 31, 2004
    
    
    25,100Employee contributions per Form 5500
    
    $
    1,446,202
  Employee contributions per financial statements
    
    $
    2,108,519Less employee contributions receivable at December 31, 2004
    
    
    (25,100
    )Plus contributions receivable at December 31, 2003
    
    
    38,192Employee contributions per Form 5500
    
    $
    2,121,611
  Note 8
 Subsequent Events
  9




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Tower Automotive Products
Employee 401(k) Savings Plan
 
 Schedule of Assets Held at End of Year
Form 5500, Schedule H, Item 4i
EIN 38-1521832, Plan 014
December 31, 2005
 (a)(b)Identity of Issuer,
    
    (c)Borrower,
    
    Description of Investment (Including Maturity
    
    
    
    (e)Lessor, or Similar
    
    Date,
    
    (d)
    
    CurrentParty
    
    Rate of Interest, Par, or Maturity Value)
    
    Cost
    
    ValueNew York Life Trust
    
    Pooled separate account  New York Life AnchorCompany
    
    Account
    
    *
    
    $
    22,084,367Mutual funds:PIMCO Total Return Fund
    
    *
    
    
    2,223,291AIM Basic Value Fund
    
    *
    
    
    3,029,216MainStay Income Manager Fund Class A
    
    *
    
    
    1,458,667Franklin Balance Sheet Investment Fund
    
    *
    
    
    3,248,556MainStay A MAP Fund
    
    *
    
    
    638,472MainStay
S&P 500 Index Fund Class A
    
    *
    
    
    3,714,515AIM Small Cap Growth Fund
    
    *
    
    
    6,867,691Federated Capital Appreciation Fund Class A
    
    *
    
    
    2,445,235Fidelity Advisor Value Strategies Fund T Shares
    
    *
    
    
    1,109,838Artisan International Fund
    
    *
    
    
    1,462,614Oppenheimer Capital Appreciation Fund
    
    *
    
    
    429,575Goldman Sachs Mid Cap Value Fund Class A
    
    *
    
    
    2,736,176Artisan Mid Cap Fund
    
    *
    
    
    1,202,953Money market fund  MainStay Cash Reserves Fund
    
    *
    
    
    22,365Tower Automotive, Inc.
    
    Common stock  Tower Automotive, Inc.
    
    *
    
    
    55,295Participants
    
    Participant loans  Bearing interest at rates
ranging from 5.00 percent to 10.50 percent
    
    
    
    
    404,453Total investments
    
    
    
    $
    53,133,279
 
 *
    
    Cost information not required 10




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SIGNATURES
 The Plan
 Tower Automotive Products Employee 401(k) Savings Plan/s/Christopher T. HattoDATE June 20, 2006
    
    Christopher T. Hatto, Corporate Controller andChief Accounting Officer of Tower Automotive, Inc.




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EXHIBIT INDEX
 Exhibit No.
    
    Description23
    
    Consent of Independent Registered Public Accounting Firm