BorgWarner Doubles Dual-Clutch Production Facility in Germany
March 11 2008 - 9:54AM
PR Newswire (US)
Over 1 Million DualTronic(R) Systems Already Built in Arnstadt
AUBURN HILLS, Mich., March 11 /PRNewswire-FirstCall/ -- With demand
for its dual-clutch transmission modules (known as DualTronic(R))
expected to increase 500% by 2013, BorgWarner (NYSE:BWA) has opened
its second manufacturing facility at its Drivetrain campus in
Arnstadt, Germany. The new facility will double the manufacturing
area of the current site to over 107,000 square feet (10,000 square
meters) and create 150 jobs by 2010. In addition, a new vehicle lab
and test track with tight curves, steeply graded hills and sharp
exits has been constructed for on-site evaluation of series-
production technologies. (Photo:
http://www.newscom.com/cgi-bin/prnh/20080311/CLTU063 ) "The
dramatic worldwide growth in dual-clutch transmissions continues to
be very positive," said Dr. Bernd Matthes, President and General
Manager, BorgWarner Transmission Systems. "Now that new
applications across the world are going into high-volume
production, more and more customers are discovering the fuel-saving
potential and improved performance of BorgWarner's impressive
transmission technology." During the opening ceremonies, BorgWarner
executives hosted auto industry leaders and local government
officials including Prime Minister of the Free State of Thuringia,
Dieter Althaus; Head of the Regional District Ilmkreis, Dr. Benno
Kaufhold and others. They joined BorgWarner executives for an
inaugural tour, test drives on the new test track, technical
presentations, and displays of Volkswagen and Audi vehicles
featuring DualTronic systems. Over one million DualTronic systems
have been built in Arnstadt since the first plant opened four years
ago. During the next few years, the company plans to invest nearly
euro 26 million to expand the site. BorgWarner has led the
globalization of dual-clutch transmission technology for ten years
with awarded business in Europe, North America and Asia, including
programs with VW, Audi, Bugatti, SAIC, Nissan and Getrag programs
with five global automakers. At full-launch of announced programs,
BorgWarner expects to be providing its innovative DualTronic
technology to an expected 2.3 million dual-clutch transmissions per
year. BorgWarner's family of DualTronic transmission technology
combines the efficiency of a manual gearbox with the functionality
of a fully automatic transmission, delivering seamless powerflow,
improved fuel efficiency, and a fun-to-drive experience. Global
manufacturing capacity for BorgWarner dual- clutch transmission
modules is supported by its facilities in the United States,
Germany, France and China, and a new facility in Mexico. 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 64 locations in 17
countries. Customers include VW/Audi, Ford, Toyota, Renault/Nissan,
General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda,
John Deere, PSA, and MAN. The Internet address for BorgWarner is:
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 our
control, 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 vehicle production, the continued use of
outside suppliers, fluctuations in demand for vehicles containing
our products, changes in general economic conditions, and other
risks detailed in our filings with the Securities and Exchange
Commission, including the Risk Factors, identified in our most
recently filed Annual Report on Form 10-K. We do not undertake any
obligation to update any forward-looking statements.
http://www.newscom.com/cgi-bin/prnh/20080311/CLTU063
http://photoarchive.ap.org/ DATASOURCE: BorgWarner Inc. CONTACT:
Mary Brevard of BorgWarner Inc., +1-248-754-0881 Web site:
http://www.borgwarner.com/
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