Federal-Mogul Powertrain Expands, Relocates Engine Bearing Facilities in Shanghai
Resource from: Yahoo Finance Likes:179
Nov 20,2014
Shanghai, Nov, 19, 2014 - Federal-Mogul Powertrain, a division of Federal-Mogul Holdings Corporation (FDML), today announced it has relocated two engine bearing plants in Shanghai into one larger facility to meet the growing demands for its innovative powertrain solutions that enable reduced emissions and improved fuel efficiency in China.
Located in the Zhoupu Zhihui Industrial Park in Shanghai, the new plant is a Federal-Mogul majority-owned joint venture with Shanghai Automotive Industry Co. (Group) (SAIC) subsidiary Huayu Automotive Systems Co. Ltd. The company expects the 215,000 square-foot plant, which produces bearings, bushings and thrust washers to original equipment manufacturers, will double its current capacity of engine bearings for domestic Chinese customers in the next five years.
"This new investment not only represents the company`s long-term commitment to the region`s automotive manufacturers but it also brings our innovative and award-winning IROX® bearing product and process technology to the Chinese market," said Richard Llope, senior vice president and general manager, Bearings, Federal-Mogul Powertrain. "We are grateful to our joint venture partner and the local government for their support, which enabled a successful transition to the new site."
The company is launching its industry-leading IROX bearing technology in the new facility to localize production and supply for the domestic China market. The IROX polymer-coated bearing reduces vehicle fuel consumption and CO2 emissions and enables higher mechanical loads while extending bearing life. The advanced IROX coating also addresses the lubrication challenges associated with frequent restarts found in stop-start downsized engines.
"The new state-of-the-art facility will benefit from reduced material delivery lead time and optimized production flow and logistics, enabling us to quickly respond to our customers` needs," said Felix Cheng, vice president and general manager, China and Korea, Federal-Mogul Powertrain. "We are excited to offer our customers world-class processes and technologies."
About Federal-Mogul
Federal-Mogul Holdings Corporation (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 divisions, each with a chief executive officer reporting to Federal-Mogul`s Board of Directors.
Federal-Mogul Powertrain designs and manufactures original equipment powertrain components and systems protection products for automotive, heavy-duty, industrial and transport applications.
Federal-Mogul Motorparts 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®, Jurid® and Wagner® brake products.
Federal-Mogul was founded in Detroit in 1899 and maintains its worldwide headquarters in Southfield, Michigan. The company employs more than 45,000 people in 34 countries. For more information, please visit www.federalmogul.com.
(Yahoo Finance)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
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