BorgWarner Opens New Campus In Brazil
BorgWarner Targets Increasing Customer Demand for Fuel-Efficient Technologies
with New Production Facility and Engineering Center in Itatiba City
AUBURN HILLS, Mich., April 16, 2013
AUBURN HILLS, Mich., April 16, 2013 /PRNewswire/ --BorgWarner officially
opened its new production facility and engineering center in Itatiba City,
Brazil, on April 9, 2013. The new campus will produce several environmentally
friendly technologies for passenger cars and commercial vehicles such as
turbochargers, viscous fans and fan drives, engine timing systems and
emissions technologies. At 204,500 square feet (19,000 square meters),
BorgWarner's new facilities are located 80 km northwest of Sao Paulo and are
twice as big as its former facility in Campinas.
(Photo: http://photos.prnewswire.com/prnh/20130416/DE95097 )
"With our new production facility and engineering center in Itatiba City, we
are laying the foundation for expanding our excellent position as a leading
supplier of advanced powertrain technologies in the rapidly growing South
American market," said James Verrier, President and Chief Executive Officer,
BorgWarner. "New legislation is driving automakers to improve fuel economy and
reduce emissions. Consumers are demanding performance and enhanced
drivability. BorgWarner's advanced technologies satisfy all of these needs
with local production and engineering capabilities."
Driven by growing demand for BorgWarner's fuel-efficient technologies, the new
campus was built in only 18 months. Relocation of production capacity from
Campinas to Itatiba City took place without any interruption in operations.
Itatiba City generates great interest with multinational companies because of
its strategic location close to major development regions and the capital of
the federal state, Sao Paolo. With a total area of nearly 100,000 square
meters, the environmentally friendly campus offers additional space for future
expansion and is expected to receive LEED (Leadership in Energy and
Environmental Design) certification soon. In addition, the new campus includes
an engineering center with four engine test stands for developing and
introducing new technologies to provide local customers with the latest
Auburn Hills, Michigan-based BorgWarner Inc. (NYSE: BWA) is a technology
leader in highly engineered components and systems for powertrain applications
worldwide. Operating manufacturing and technical facilities in 57 locations in
19 countries, the company develops products to improve fuel economy, reduce
emissions and enhance performance. Customers include VW/Audi, Ford, Toyota,
Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW,
Honda, John Deere, PSA, and MAN. For more information, please visit
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 outlook, expectations, estimates
and projections. Words such as "anticipates," "believes," "continues,"
"could," "designed," "effect," "estimates," "evaluates," "expects,"
"forecasts," "goal," "initiative," "intends," "outlook," "plans,"
"potential," "project," "pursue," "seek," "should," "target," "when," "would,"
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 by original equipment manufacturers of outside
suppliers, fluctuations in demand for vehicles containing our products,
changes in general economic conditions, as well as other risks noted reports
that we file 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 or announce publicly any updates to
or revision to any of the forward-looking statements.
SOURCE BorgWarner Inc.
Contact: Erika Nielsen, 248.754.0422
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