Byline: BOB TITA
Tenneco Inc. CEO Gregg Sherrill, unlike many of his counterparts, is welcoming increased government regulation.
Mr. Sherrill aims to expand on Tenneco's market-leading position in supplying mufflers and exhaust systems for passenger cars and pickups. He also wants to build a dominant stake in a lucrative new market for emissions-control components on diesel engines in the United States and China, where stricter pollution rules take effect in 2010. Tighter regulations are already in place in Europe.
Orders from commercial truckmakers and other new customers would help offset declining business from General Motors Corp. and Ford Motor Co., troubled ...