BorgWarner Builds 5 Millionth Turbocharger in China
Ningbo Facility also Receives BorgWarner CEO's Safety Excellence Award for Achieving 1 Million Safe Hours
AUBURN HILLS, Mich., Feb. 26, 2015 /PRNewswire/ -- BorgWarner has built its 5 millionth turbocharger at its manufacturing facility in Ningbo, China. Since 2005, the plant has produced a variety of turbochargers for passenger cars and commercial vehicles. Customers include global as well as domestic vehicle makers. Engineered to improve fuel economy, reduce emissions and enhance performance, BorgWarner's advanced turbocharging technology is in high demand in China. As emissions standards become more stringent, BorgWarner expects the Chinese light vehicle turbocharger market to more than double by 2019.
Recently, employees at the facility also earned a BorgWarner CEO's Safety Excellence Award for attaining 1 million hours without a recordable incident. BorgWarner's safety program not only recognizes employees for maintaining a safe workplace, but also supports the local community. The nearly 900 employees at the facility chose to donate their $20,000 safety award to two local primary schools.
"At BorgWarner, our passionate pursuit of excellence encompasses everything we do, from the high-quality products we manufacture to the safe work environment where we produce them," said Frederic Lissalde, President and General Manager, BorgWarner Turbo Systems. "Congratulations to our employees for achieving these important milestones."
About BorgWarner
BorgWarner Inc. (NYSE: BWA) is a product leader in highly engineered components and systems for powertrains around the world. Operating manufacturing and technical facilities in 58 locations in 19 countries, the company delivers innovative powertrain solutions to improve fuel economy, reduce emissions and enhance performance. For more information, please visit 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 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.
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SOURCE BorgWarner
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