Roush Acquires Mountune Racing
As part of its strategy to expand its European engineering operations Roush has acquired England-based Mountune Racing Limited. The company said this acquisition will also address the growing demand for small-displacement, high-performance engines in the U.S. Mountune Racing will become a wholly owned division of Roush, and will be located within Roush’s Brentwood, England, facility.
Hayes Lemmerz Announces Agreement with Strick
Hayes Lemmerz International’s commercial highway division has reached a new supply agreement with Strick Corp. Hayes Lemmerz will supply 100 percent of all standard, non-specified, wheel end components for Strick in 2004 and 2005. This includes CentruMount steel wheels, cast hub and drums and Centrifuse brake drums.
SKF/CR Launches New Online Catalog
SKF/Chicago Rawhide has launched a new online catalog of bearings and seals for car and light truck applications. The online catalog is capable of searching by application, part number or by a manufacturers’ part number. Once a part is selected, a separate screen appears showing an image of the part, as well as the specifications and properties of the part. According to SKF, the online catalog offers the most up-to-date product information and also eliminates the use of printed materials.
Johnson Controls Renews Sponsorship of Rocketsports Racing in Champ Car World Series
Johnson Controls is continuing its sponsorship of Lansing, Mich.-based Rocketsports Racing in the 2004 Champ Car World Series. Brian Kesseler, group vice president and general manager of customer business units for the automotive group of Johnson Controls, and Rocketsports team owner, Paul Gentilozzi announced their return to the premier open-wheel racing series with plans for the upcoming season.
Timken to Sponsor ‘Engineer of the Year’ Award
Timken has announced it will sponsor the Design News “Engineer of the Year” award at the National Design Engineering Show. The award, voted on by readers of Design News, will be presented at a banquet in February at McCormick Place in Chicago. Established in 1987, the Engineer of the Year award recognizes the individuals behind significant developments in the field of engineering. It is the top honor presented at the show, which is part of National Manufacturing Week from Feb. 23-26, 2004. Design News is a trade magazine covering mechanical and electromechanical design engineering.
Eaton Plans Joint Venture with Chinese Auto A/C Maker
Eaton Corp. has formed a joint venture with Chinese A/C maker Changzhou Senstar Automobile Air Conditioner Co. Ltd. The two companies will produce automotive air conditioning hose and tube assemblies and power steering hose and tube assemblies in Shanghai for Volkswagen’s China operations. Terms of the agreement were not disclosed.
GM Giving Away 1,000 Vehicles
General Motors has introduced a new “Hot Button” marketing program, the latest in a line of marketing initiatives aimed at reaching consumers more effectively. As part of the program, GM will hold the largest vehicle giveaway in history in a two-month period. Beginning on Jan. 5, GM is giving away 1,000 2004 vehicles. Consumers will have an opportunity to win one of 54 different GM vehicles including HUMMER H2, Cadillac CTS, Pontiac GTO, Saturn VUE, Chevy SSR, Buick Rainier, Saab 9-3 and GMC Envoy, simply by visiting a participating dealership and pushing the OnStar “Hot Button” in a specially designated vehicle.
Tesma International Completes Acquisition of Davis Industries
Tesma International has completed its acquisition of Davis Industries. Tesma announced its intention to acquire all outstanding shares of the privately-held automotive supplier in mid-December. Terms of the transaction were not disclosed. According to Tesma, Davis’ main product focus, in the area of stamped powertrain components and assemblies, will complement and broaden Tesma’s current product offerings and customer base.
Michelin, TRW Automotive Joint Venture Awarded Contracts for TPMS
EnTire Solutions, the joint venture between Michelin and TRW Automotive, has been awarded contracts with Honda and Fiat for its direct tire pressure monitoring system (TPMS). Launched at the Tokyo Motor Show in October, EnTire Solutions is now supplying TPMS for the 2004 Acura MDX luxury sport utility vehicle and has also been selected by Fiat to provide advanced TPMS for a range of its upcoming European models. Other customers include several Hyundai, Kia platforms and General Motors.
MEMA Names New Director of Finance and Administration
Wendy Earp has been promoted to director of finance and administration for MEMA. She formerly served as the association’s controller, a position she has held since May 2001. Earp succeeds Joseph “Joe” Griscti, who is retiring after 22 years of service to the association and industry.