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Article: Federal-Mogul Completes Acquisition of Polish Automotive Components Manufacturer WSK Gorzyce S.A.
- Article from:
- PR Newswire
- Article date:
- August 10, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. 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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SOUTHFIELD, Mich., Aug. 10 /PRNewswire/ --
Federal-Mogul Corporation (NYSE: FMO) today reported the completion of its acquisition of 85 percent of WSK Gorzyce S.A., a leading Polish producer of pistons and other automotive components.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000525/DETH025LOGO )
"This acquisition is a significant strategic fit with our Power Cylinder System's operations and supports our growth initiatives in diesel applications," said Wilhelm A. Schmelzer, executive vice president, Powertrain Systems. "We are pleased to welcome the dedicated Gorzyce employees into the Federal-Mogul organization. With our plans to expand ...