Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,501.65 -12.72 -0.08%
S&P 500 1,875.39 -4.16 -0.22%
NASDAQ 4,126.97 -34.49 -0.83%
Ticker Volume Price Price Delta
STOXX 50 3,192.67 16.70 0.53%
FTSE 100 6,702.43 27.69 0.41%
DAX 9,589.00 44.81 0.47%
Ticker Volume Price Price Delta
NIKKEI 14,404.99 -141.28 -0.97%
TOPIX 1,164.90 -8.91 -0.76%
HANG SENG 22,542.30 32.66 0.15%

Federal-Mogul Corporation : Tony Stewart Gets First Win of Year, Crew Chief Steve Addington Named Top MOOG® 'Problem Solver' at



 Federal-Mogul Corporation : Tony Stewart Gets First Win of Year, Crew Chief
          Steve Addington Named Top MOOG® 'Problem Solver' at Dover

Southfield, Michigan, June 4, 2013.Tony Stewart broke a 30-race winless streak
and his crew chief, Steve Addington, capped the post-race celebration by being
named Federal-Mogul's (NASDAQ: FDML) MOOG^® Steering and Suspension "Problem
Solver of the Race" following Sunday's FedEx 400 Benefiting Autism Speaks
NASCAR^® Sprint Cup contest on the "Monster Mile" of Dover (Del.)
International Speedway.

Addington's MOOG Problem Solver award came after the No. 14 Code 3
Associates/Mobil 1 Chevrolet SS posted the greatest improvement in average lap
time (0.058 seconds) over the second half of the race while finishing on the
lead lap. He earned five weekly MOOG awards in 2012 to win the prestigious
$100,000 MOOG "Problem Solver of the Year" Award.

"Tony and Steve have made a lot of progress in the past two weeks, and Steve
and the Stewart-Hass crew worked wonders with the 14 car between Friday and
Sunday," said Federal-Mogul Motorsports Director Tim Nelson. "The MOOG Problem
Solver awards are all about the fine-tuning that takes place on pit road
before and during each race, and Steve and his team just never gave up - they
kept improving the car's handling so Tony could be in a good position during
the closing laps."

In a good position he was, with the MOOG-equipped Chevrolet SS running third
when NASCAR officials assessed a pass-through penalty to race leader Jimmie
Johnson (No. 48 Chevrolet) with just 19 laps remaining. Stewart, who started
22^nd, immediately challenged the new leader, Juan Pablo Montoya (No. 42
Chevrolet), and eventually gained the advantage from the outside lane with
three laps to go.

"It came down to two great drivers battling head to head for 19 miles, with
the win ultimately going to the one with the better-handling car," Nelson
said.

As the automotive service industry's "Problem Solver^®," MOOG is the preferred
brand of professional technicians and NASCAR crew chiefs. Federal-Mogul's MOOG
steering and suspension product engineers work in partnership with Sprint Cup
teams to develop and test innovative designs that help provide race-winning
performance and durability. Many of these same technologies are featured in
MOOG ball joints, tie rod ends and other components available for today's
passenger vehicles.

For more information regarding MOOG steering and suspension parts, visit the
brand's technician-focused www.moogproblemsolver.com website or contact your
MOOG supplier. To identify the right MOOG part for virtually any application,
please use the convenient, free www.FMe-cat.com electronic catalog.

About Federal-Mogul

Federal-Mogul Corporation (NASDAQ: FDML) is a leading global supplier of
products and services to the world's manufacturers and servicers of vehicles
and equipment in the automotive, light, medium and heavy-duty commercial,
marine, rail, aerospace, power generation and industrial markets. The
company's products and services enable improved fuel economy, reduced
emissions and enhanced vehicle safety.

Federal-Mogul operates two independent business segments, each with a chief
executive officer reporting to Federal-Mogul's Board of Directors.
Federal-Mogul's Powertrain segment designs and manufactures original equipment
powertrain components and systems protection products for automotive,
heavy-duty, industrial and transport applications. Federal-Mogul's Vehicle
Components segment sells and distributes a broad portfolio of products through
more than 20 of the world's most recognized brands in the global vehicle
aftermarket, while also serving original equipment vehicle manufacturers with
products including braking, chassis, wipers and other vehicle components.  The
company's aftermarket brands include ANCO^® wiper blades; Champion^® spark
plugs, wipers and filters; AE^®, Fel-Pro^®, FP Diesel^®, Goetze^®, Glyco^®,
Nüral^®, Payen^® and Sealed Power^® engine products; MOOG^® steering and
suspension parts; and Ferodo^® and Wagner^® brake products.

Federal-Mogul was founded in Detroit in 1899. The company employs 45,000
people in 34 countries, and its worldwide headquarters is in Southfield,
Michigan, United States. For more information, please visit
www.federalmogul.com.

                                   # # # #

CONTACT:
Drew Shippy (330) 688-3500
Jim Burke (248) 354-4530

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Federal-Mogul Corporation via Thomson Reuters ONE
HUG#1707030
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement