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Plant Expansion Strengthens BorgWarner's Presence in India and Southeast Asia

- New VCT production line provides localized manufacturing in Kakkalur, India

- Meets increasing demand for engine timing systems in the Southeast Asian market

- 43,300-square-foot facility features best-in-class design, simulation, testing and manufacturing capabilities


News provided by

BorgWarner

Jan 29, 2019, 08:15 ET

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AUBURN HILLS, Mich., Jan. 29, 2019 /PRNewswire/ -- BorgWarner, a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, celebrated the opening of its expanded facility in Kakkalur, India. With its leading-edge production line for advanced engine timing and variable cam timing (VCT) systems, the expanded plant meets the increasing demand on the steadily growing Indian automotive market for meeting BS VI norms, while preparing to supply the growing Southeast Asian automotive market. With a total area of 43,300 square feet (4,023 square meters), the facility now includes engineering, manufacturing and office areas as well as warehouse space.

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BorgWarner employees and executives celebrated the grand opening of the newly expanded manufacturing facility in Kakkalur, India.
BorgWarner employees and executives celebrated the grand opening of the newly expanded manufacturing facility in Kakkalur, India.

"The automotive industry in India is growing quickly, as many leading automakers have production facilities here. With the expansion of our plant in Kakkalur, we serve them with localized manufacturing to meet their increasing demand for innovative and efficient technologies," said Joel Wiegert, President and General Manager, BorgWarner Morse Systems. "By strengthening our presence in this important market, we are reinforcing our position as a global leader in clean and efficient propulsion solutions."

Located in the Tiruvallur district about 30 miles from Chennai, BorgWarner's expanded facility provides class-leading design, simulation, testing and manufacturing capabilities. A highly-skilled in-house engineering team supports customers from initial design through production, enabling the production of optimized, high-performance engine timing and VCT systems. In the newly built area of the plant, BorgWarner will begin a new production line for the company's VCT technology to help vehicle manufacturers improve fuel economy, reliability and engine efficiency.

The new addition to the production facility opened during a festive event attended by BorgWarner executives and employees as well as the local media. Traditional ceremonies such as a ribbon cutting, tree planting and customary prayers took place to wish the facility prosperity. This was followed by a plant tour, a meeting for media representatives and an inaugural meeting with all employees on site.

About BorgWarner
BorgWarner Inc. (NYSE: BWA) is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. With manufacturing and technical facilities in 66 locations in 18 countries, the company employs approximately 29,000 worldwide. For more information, please visit borgwarner.com.

Statements in this press 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. These risks and uncertainties, among others, include: our dependence on automotive and truck production, both of which are highly cyclical; our reliance on major OEM customers; commodities availability and pricing; supply disruptions; fluctuations in interest rates and foreign currency exchange rates; availability of credit; our dependence on key management; our dependence on information systems; the uncertainty of the global economic environment; the outcome of existing or any future legal proceedings, including litigation with respect to various claims; and future changes in laws and regulations, including by way of example, tariffs, in the countries in which we operate, as well as other risks noted in 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/A. We do not undertake any obligation to update or announce publicly any updates to or revision to any of the forward-looking statements.

SOURCE BorgWarner

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