WUHAN, China, Oct. 8, 2018 /PRNewswire/ -- BorgWarner
celebrated the inauguration of its new production plant in the
Caidian Economic Development Zone in Wuhan, China, with a grand opening ceremony.
Occupying a land area of 48,595 square meters and floor area of
26,000 square meters, the new facility integrates comprehensive
functions including production, engineering, quality, sales,
logistics, administration and finance. As part of its efforts to
support growing demand from the Chinese combustion, hybrid and
electric vehicle market, BorgWarner's new facility will produce
drive motors, P2 motors, Belt Alternator Starter Systems,
starters, alternators and related components.
"This is a new milestone in BorgWarner's history in China. The new plant will significantly
improve our manufacturing capability in combustion, hybrid and
electric vehicle products, underpinning our sustained growth in
coming years," said Dr. Stefan
Demmerle, President and General Manager, BorgWarner
PowerDrive Systems. "Leveraging our leading technologies and system
integration ability, we will continue to meet growing demand from
Chinese electric vehicle (EV) and hybrid electric vehicle (HEV)
customers with our localized production and engineering
capability."
Local government officials, customers, suppliers and media
representatives were invited to join BorgWarner's management and
employees to celebrate the official opening of the BorgWarner
PowerDrive Systems Wuhan Plant, which included a ribbon cutting and
tree planting ceremony.
The construction of the Wuhan
plant started in 2016, one year after BorgWarner's acquisition of
Remy. The new facility integrates the former Remy plant with nearby
production sites and adds new production lines. In addition to its
original capacity, the new plant will produce drive motors, P2
motors, and other EV and HEV products locally for the first
time. Designed as a lean manufacturing facility under BorgWarner's
worldwide standards which are guided by community and
environmentally friendly principles, the Wuhan plant is dedicated to providing a
healthy and comfortable work environment for employees and creating
a harmonious relationship with the community. More than 300
employees currently work in the plant, and the company expects the
workforce to double in five years.
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
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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 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. 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