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BorgWarner Inc

 
Hoover's Profile: BorgWarner Inc.
(NYSE:BWA)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
BorgWarner Inc.
3850 Hamlin Rd.
Auburn Hills, MI 48326
MI Tel. 248-754-9200
Fax 248-754-9397

Type: Public
On the web: http://www.bwauto.com
Employees: 13,800
Employee growth: (22.0%)

If suburbanites need four-wheel-drive vehicles to make it up their steep driveways, that's OK with BorgWarner, a leading maker of power train products for the world's major automotive manufacturers. Its largest customers include Volkswagen (19% of sales), Ford, and Daimler. Its power train products include four-wheel-drive and all-wheel-drive transfer cases (primarily for light trucks and SUVs), as well as automatic transmission and timing-chain systems. BorgWarner operates 60 manufacturing, assembly, and technical facilities worldwide. The company gets more than half of its sales from European customers.

Key numbers for fiscal year ending December, 2008:
Sales: $5,263.9M
One year growth: (1.2%)
Net income: ($35.6)M

Officers:
Chairman and CEO: Timothy M. (Tim) Manganello
EVP, CFO, Chief Administration Officer, and Director: Robin J. Adams
VP and CIO: Jamal M. Farhat

Competitors:
Honeywell International
Magna Powertrain
Robert Bosch

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