Automotive-Parts Supplier BorgWarner's Long-Term Outlook Remains Positive

SUGAR LAND, TX -- (MARKET WIRE) -- Jan 19, 2009 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Despite being hit hard by the worldwide economic crisis, BorgWarner Incorporated (NYSE:BWA) (Auburn Hills, Michigan), an international automotive-parts supplier, remains optimistic for growth. In the long term, the company sees an opportunity to remain profitable, as the need for fuel economy and reduced emissions are driving its $2.1 billion backlog of new business over the next three years, CEO Tim Manganello said. In November 2007, Industrial Info began tracking an $18 million manufacturing plant expansion that BorgWarner had planned in Longview, Texas. The project, which was scheduled to begin construction in August 2008, was canceled before it kicked off.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=142994, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to Email Contact or visit us online at www.industrialinfo.com.

Related News Articles

Tata Group Seeks to Raise $3.1 Billion to Fund Projects

Additional Bailout Funds May Be Necessary for Automakers

Tier One Supplier Under Way on $45 Million Expansion of Automotive Stamping Plant in South Carolina

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Joe Govreau
713-783-5147


Featured Video
Jobs
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Mechanical Engineer 2 for Lam Research at Fremont, California
Principal Engineer for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Upcoming Events
Coastal GeoTools 2025 Conference at 301 North Water Street - Jan 27 - 30, 2025
Commercial UAV Expo Europe 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise