BorgWarner Expands Operations In Dixon, Illinois
BorgWarner will Invest $9.4 Million over the next Three Years and Expects to Create 40 New Jobs
AUBURN HILLS, Mich., Aug. 14, 2014 /PRNewswire/ -- BorgWarner (NYSE: BWA) plans to invest $9.4 million in its plant in Dixon, Illinois, over the next three years. The expanded production capacity will allow BorgWarner to optimally supply several customers with environmentally friendly technologies, including exhaust gas recirculation (EGR) coolers, tubes and thermostats—key technologies that help reduce emissions and improve fuel economy for passenger cars and on- and off-road commercial diesel vehicles. BorgWarner expects to create 40 new jobs, including opportunities in the areas of manufacturing and product engineering, supplier quality, supply chain, and technical and quality support.
"We are pleased to support the local economy with expanded operations in Dixon and appreciate the encouragement we have received from both the city of Dixon and the state of Illinois," said Paddy Lange, Plant Manager Dixon, BorgWarner Emissions Systems. "Dixon's infrastructure gives us the ability to meet growing customer demand in North America, which is likely to increase within the next few years."
BorgWarner's Dixon plant celebrated its 50th anniversary in July 2013. In the past five decades, BorgWarner has continuously increased manufacturing capacity to meet market demands, achieving a market-leading position for several EGR products for both passenger cars and commercial diesel vehicles. With a total area of 135,000 square feet and a current workforce of 210, the Dixon plant is an Occupational Safety and Health Administration Voluntary Protection Program (OSHA VPP) site and is certified in ISO TS 16949 quality standards. In addition, the plant received a BorgWarner Global Safety Award in 2013 for achieving a minimum number of work-related injuries or illnesses over a five-year period.
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 60 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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Contact
Erika Nielsen
248.754.0422
SOURCE BorgWarner Inc.
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