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Article: Navistar Buys Engine Components Business from Continental, Forms New Operating Company
- Article from:
- Wireless News
- Article date:
- November 9, 2009
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Wireless News
11-09-2009
Navistar Buys Engine Components Business from Continental, Forms New Operating Company
Type: News
Navistar, Inc. reported that it haas 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.
As part of Navistar's strategy, the company noted, it also will establish a dedicated research and development facility to support Navistar's diesel power system components.
The company, renamed Pure Power Technologies, LLC, will further vertically integrate research and development, engineering and manufacturing capabilities to produce ...