Wescast To Exit Chassis Business - aftermarketNews

Wescast To Exit Chassis Business

Wescast Industries Inc., one of the world's largest suppliers of exhaust manifolds for passenger cars and light trucks, has announced it is exiting the chassis business, which it currently operates out of a facility in Cordele, Ga. Wescast recently undertook a new global strategy focusing on its core competencies in making powertrain components. The company sees potential to expand this segment of the business by following its customers into the European and Asian marketplaces, according to Ed Frackowiak, Chairman and CEO.

BRANTFORD, Ontario — Wescast Industries Inc., one of the world’s largest suppliers of exhaust manifolds for passenger cars and light trucks, has announced it is exiting the chassis business, which it currently operates out of a facility in Cordele, Ga.

Wescast recently undertook a new global strategy focusing on its core competencies in making powertrain components. The company sees potential to expand this segment of the business by following its customers into the European and Asian marketplaces, according to Ed Frackowiak, Chairman and CEO.

“In view of our commitment to the global powertrain strategy, it was time to make a decision about the Cordele operation, which has been struggling for some time,” said Frackowiak “We need to focus all of our resources on the development and execution of our global powertrain strategy.”

The company said it will continue to support its chassis customers as it evaluates all alternatives for exiting the chassis business.

For more information about Wescast, go to: www.wescast.com.

_______________________________________

Click here to view the rest of today’s headlines.

You May Also Like

Standard Motor Products Releases 118 Numbers in February

The release provides new coverage in 57 distinct product categories and 55 part numbers for 2023 and 2024 model-year vehicles.

Standard Motor Products Releases 118 Numbers in February

Standard Motor Products, Inc. (SMP) announced the introduction of 118 new part numbers in its February new number announcement. The release provides new coverage in 57 distinct product categories and 55 part numbers for 2023 and 2024 model-year vehicles.

Advanced internal combustion engine (ICE) categories like variable valve timing, fuel injection and ignition gain added coverage with this release, according to SMP.

Schaeffler Announces New Automotive Manufacturing Facility

Schaeffler is investing over $230 million to build a manufacturing facility in Dover, Ohio and will expand its Americas business further.

Dorman Releases New Chassis Parts, Heater Hoses

New products include a body mount bolt kit for GM pickups and suspension control arms for various vehicle makes.

Dorman-Products-building-HQ
Arnott Releases Over 20 Products in February

Included in the release are air springs, new air struts, new coil-over strut assemblies, new shocks, coil spring conversion kits, air suspension compressors and solenoid valve blocks.

Arnott Releases Over 20 Products in February
CRC Industries Expands Evapo-Rust Line 

A new one-quart canister size for CRC’s Evapo-Rust brand of rust remover hits retail shelves this month.

CRC Industries Expands Evapo-Rust Line 

Other Posts

DMA Industries Announces Expanded BrakeMaster Line

The new release includes 17 brake wear sensors, featuring nine automotive sensors and eight truck sensors.

DMA Industries Announces Expanded BrakeMaster Line
Allison Ventures Makes Strategic Investment in Niron Magnetics

Sustainable non-rare earth permanent magnets for integration in EV propulsion motors and renewable energy systems will be developed.

Allison Ventures Makes Strategic Investment in Niron Magnetics
The Packaging Pickle & Sustainability

While Valvoline Global Operations is working on the molecular make-up of its products, one area of improvement for the company is packaging.

Valvoline-packaging
Philips Introduces New Xperion 3000 LED Work Light Line

The new line includes 10 work lights, nine of which are powered by rechargeable lithium batteries. 

Philips Introduces New Xperion 3000 LED Work Light Line