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BorgWarner Doubles Dual-Clutch Production Facility in Germany

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2008-03-11 07:47:38     
BorgWarner Inc.

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.

"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.

Specialized in: Borgwarnerautomotive - Engine - Engines - Automatic Transmission - Automatic Transmissions - Four-wheel-drive - 4wd - Borgwarner Automotive - Bwautomotive - Powertrain - Indianapolis 500 - Borg-warner-automotive - Torque-on-demand - Torque On Demand - Morse Tec
URL: http://www.borgwarner.com
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