BorgWarner Morse TEC Is Single-Source Supplier of Timing Chain System For New 3.2-L Volvo I-6 Engine
December 18 2006 - 10:45AM
PR Newswire (US)
AUBURN HILLS, Mich., Dec. 18 /PRNewswire-FirstCall/ -- BorgWarner
Morse TEC is the single-source supplier of preassembled timing
chain systems for the new 3.2-L Volvo I-6 engine, the first of a
new family of engines that will equip mid-class Volvo vehicles and
future Ford PAG models. "We are proud to have been named the
single-source supplier on this program. The very positive and close
cooperation with the customer, cost competitiveness and modular
technology using preassembled subcomponents made the difference,"
said Alfred Weber, President and General Manager, BorgWarner Morse
TEC. "We look forward to providing the ideas and expertise that
will help our customers realize significant efficiencies and
savings as the trend continues toward the sourcing of complete
modules within engines," he said. Produced at BorgWarner Morse TEC
Europe's facility in Arcore, Italy, the timing system module
features integrated plastic guides with an aluminum chain case,
integrated water pump housing, and preassembled timing chain
subcomponents. BorgWarner Morse TEC is a global leader in the
design and manufacture of automotive chain systems and components
for engine timing, automatic transmission and four-wheel drive
applications. Auburn Hills, Michigan-based BorgWarner Inc.
(NYSE:BWA) is a product leader in highly engineered components and
systems for vehicle powertrain applications worldwide. The FORTUNE
500 company operates manufacturing and technical facilities in 63
locations in 18 countries. Customers include Ford, VW/Audi,
DaimlerChrysler, General Motors, Toyota, Renault/Nissan,
Hyundai/Kia, Honda, BMW, Caterpillar, Navistar International, and
Peugeot. Visit our new website at http://www.borgwarner.com/ .
Statements contained in this news release may contain
forward-looking statements as contemplated by the 1995 Private
Securities Litigation Reform Act that are based on management's
current expectations, estimates and projections. Words such as
"expects," "anticipates," "intends," "plans," "believes,"
"estimates," variations of such words and similar expressions are
intended to identify such forward-looking statements.
Forward-looking statements are subject to risks and uncertainties,
many of which are difficult to predict and generally beyond the
control of the Company, that could cause actual results to differ
materially from those expressed, projected or implied in or by the
forward-looking statements. Such risks and uncertainties include:
fluctuations in domestic or foreign automotive production, the
continued use of outside suppliers by original equipment
manufacturers, fluctuations in demand for vehicles containing the
Company's products, general economic conditions, as well as other
risks detailed in the Company's filings with the Securities and
Exchange Commission, including the Risk Factors identified in the
Form 10-K for the fiscal year ended December 31, 2005. The Company
does not undertake any obligation to update any forward-looking
statement. DATASOURCE: BorgWarner Inc. CONTACT: Mary Brevard of
BorgWarner Inc., +1-248-754-0881 Web site:
http://www.borgwarner.com/
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