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BWA Bwa Group

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Share Name Share Symbol Market Type Share ISIN Share Description
Bwa Group LSE:BWA London Ordinary Share GB0004368980 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

BorgWarner Drivetrain Group Opens Competence Center in Germany

26/02/2007 4:09pm

PR Newswire (US)


Bwa Group (LSE:BWA)
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New European Headquarters and Technical Center Will Increase Collaboration and Speed Technology Development AUBURN HILLS, Mich., Feb. 26 /PRNewswire-FirstCall/ -- BorgWarner's (NYSE: BWA) Drivetrain Group re-affirmed its ongoing commitment to product leadership by opening a new 34,000-square-foot European Drivetrain Competence Center in Ketsch, Germany. As the Drivetrain Group's European headquarters and technical center, it will accommodate about 120 Transmission Systems and TorqTransfer Systems employees including program management teams; advanced manufacturing and product engineering groups; and sales and marketing operations. The Drivetrain Group has established a strong presence in Europe with 7 manufacturing plants in Germany, France, Monaco and the United Kingdom. BorgWarner operates technical centers and manufacturing plants in 24 locations in Europe. "By improving communication and leveraging our considerable synergies, the European Drivetrain Competence Center will spark innovation and collaboration, driving advances in transmission and all-wheel drive technologies," said Dr. Bernd Matthes, President and General Manager, BorgWarner Transmission Systems. Cindy Niekamp, President and General Manager, BorgWarner TorqTransfer Systems, added, "As we build our all-wheel drive and synchronizer expertise in Europe, this center allows us to become faster, more responsive and more effective than ever before. These are key attributes demanded by our customers." BorgWarner executives hosted local government officials and other guests at the opening ceremony on January 31. The BorgWarner Drivetrain Group harnesses its 100-year legacy as an industry innovator in transmission and all-wheel drive technology to develop interactive control systems and strategies through its Transmission Systems and TorqTransfer Systems business units. BorgWarner Transmission Systems is a supplier to virtually every automatic transmission manufacturer in the world. It produces "shift quality" components and systems including one-way clutches, transmission bands, friction plates and clutch assemblies, and controls including transmission solenoids, control modules and integrated mechatronic control systems. Through its DualTronic(R) clutch and control modules, BorgWarner Transmission Systems is a key supplier for dual clutch transmissions globally. BorgWarner TorqTransfer Systems is a leading independent global designer and producer of transfer cases and torque management devices for all-wheel drive passenger cars, crossover vehicles, sports-utility vehicles and light trucks. These systems enhance vehicle stability, security, and drivability. Auburn Hills, Michigan-based BorgWarner Inc. 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. The Internet address for BorgWarner is: http://www.borgwarner.com/. DATASOURCE: BorgWarner Inc. CONTACT: Mary Brevard, +1-248-754-0881; or David Peterson, +1-248-754- 0883, both of BorgWarner Inc. Web site: http://www.borgwarner.com/

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