7/14/2008
Federal-Mogul Begins Producing Powertrain Components at New 'Greenfield' Facility in Brazil
Federal-Mogul recently began
producing the first pistons from a state-of-the-art manufacturing line
at its new Powertrain Energy business segment facility in Araras,
Brazil. The 10,300-square-meter "Greenfield" facility produces pistons,
camshafts and valve seats and guides for several leading vehicle
manufacturers.
The new Araras facility shipped the first pistons to customers, four weeks ahead of the planned shipment date.
"We are pleased to provide our customers with this new capacity and
product technology," said Rainer Jueckstock, senior vice president,
Powertrain Energy. "New product technology and manufacturing capacity
were required to respond to market growth and customer programs in
Brazil."
The facility was built to accommodate a high-tech piston line and
relocation of the camshaft and valve seats and guides operations from a
former facility in Araras. A second piston line is expected to be in
operation by the end of 2008. Federal-Mogul has received several new
piston business bookings from leading vehicle manufacturers as a result
of bringing the new manufacturing facility into operation. The Araras
facility is Federal-Mogul's sixth facility in South America.
According to Federal-Mogul President and Chief Executive Officer
Jose Maria Alapont, this new investment in Brazil further demonstrates
the company's commitment to its sustainable global profitable growth
strategy, positioning itself to participate in high growth emerging
markets.
"The global market is an integral part of our strategy for
long-term success and profitability. We are diligently working to
develop business growth in key areas of the world, such as in South
America, China, India and Russia, while strengthening our market
leadership in Europe and North America," said Alapont.
For more information about Federal-Mogul, go to: www.federal-mogul.com.