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BWA BorgWarner Inc

33.18
0.00 (0.00%)
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Last Updated: 13:38:31
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Share Name Share Symbol Market Type
BorgWarner Inc NYSE:BWA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.18 107 13:38:31

BorgWarner Opens New Facility In South Korea To Expand Production Of Transmission Technologies

21/10/2015 2:06pm

PR Newswire (US)


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AUBURN HILLS, Michigan, Oct. 21, 2015 /PRNewswire/ -- BorgWarner Transmission Systems Korea, a BorgWarner majority-held joint venture, opened a new facility in Jincheon, South Korea. The new building is the company's third manufacturing plant in South Korea for transmission technologies, joining existing facilities in nearby Eumsung. Built to meet growing demand for its transmission technologies, the new facility will produce a variety of automatic transmission components, including clutch modules, clutch sets and friction plates. The new environmentally friendly 182,600-square-foot (17,000-square-meter) facility will also provide space for engineering, sales and administrative functions. The site includes ample area for future expansion.

BorgWarner opened a new facility in Jincheon, South Korea, to meet growing demand for its transmission technologies. Numerous customers as well as suppliers, BorgWarner executives and employees attended the opening ceremony.

"Local manufacturing provides customers, such as Hyundai and Kia, with high-quality transmission components, fast delivery and local engineering support," said Robin Kendrick, President and General Manager, BorgWarner Transmission Systems. "We are excited to expand production in South Korea, supplying advanced transmission technologies to help improve performance and fuel economy for drivers around the world."

Established in 1988, BorgWarner's facility in Eumsung, South Korea, has been supplying Hyundai and Kia with localized production of automatic transmission components since 1990. BorgWarner has built a strong reputation for quality and safety, earning 15 Five Star Quality awards since this award began in 2003, as well as three Supplier of the Year awards from the Hyundai-Kia Automotive Group for exceptional quality and performance.

BorgWarner's new energy-efficient building uses waste heat from compressors, an advanced ventilation system to heat and cool the production area, double doors to prevent heat loss, and light-emitting diode (LED) lamps for efficient lighting.

About BorgWarner
BorgWarner Inc. (NYSE: BWA) is a product leader in highly engineered components and systems for powertrains around the world. Operating manufacturing and technical facilities in 57 locations in 18 countries, the company delivers innovative powertrain solutions to improve fuel economy, reduce emissions and enhance performance. For more information, please visit borgwarner.com.

Photo - http://photos.prnewswire.com/prnh/20151020/278800

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/borgwarner-opens-new-facility-in-south-korea-to-expand-production-of-transmission-technologies-300163797.html

SOURCE BorgWarner Inc.

Copyright 2015 PR Newswire

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