ANN ARBOR, MI WIX-Filtron, an Affinia Group company, has been named one of the most valuable companies in Poland in Forbes magazine’s Diamonds 2008 listing.
“The Forbes’ Diamonds list recognizes the success WIX-Filtron has achieved in Eastern Europe and serves as another milestone in our growth as a world-class global manufacturer and distributor of high quality premium and value-line products,” said Terry McCormack, Affinia Group’s president and chief executive officer. “Our recent expansion of the WIX-Filtron facility in Poland and our new WIX-Filtron manufacturing facility in Ukraine are helping us capitalize on the significant market demand for air, oil and fuel filter applications in Eastern Europe and Russia.”
The Forbes’ Diamonds ranking was published in the January 2008 issue of Forbes magazine (Poland edition). The rankings were compiled as a result of the cooperation of Forbes magazine and Dun & Bradstreet, credit reporting agency.
According to the publication, the Diamonds 2008 list consists of companies which most dynamically appreciated in value between 2004 and 2006, and as a direct result grew the local economy. The list of Forbes’ Diamonds has been drawn up on the basis of Swiss method of business enterprises valuation, including financial results and property value.
For more information about Affinia, visit: www.affiniagroup.com.