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Article: United States: Navistar To Acquire Engine Components Business From Continental.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: prashant03
Navistar, Inc. announced that it has concluded an agreement to acquire certain assets and the membership interests of Continental Diesel Systems US, LLC, to manufacture key fuel injection components for its MaxxForce diesel engines. Financial details were not disclosed.
As part of the purchase, Navistar will form a new operating company called Pure Power Technologies LLC, that is intended to further vertically integrate research and development, engineering and manufacturing capabilities to produce diesel power systems and advanced emissions control systems. As part of that, the company will establish a dedicated research and ...