The Board of Directors of BorgWarner Inc. today approved $120 million in key investments for the continued growth of the powertrain technology supplier. These investments include a new Technical Center in China, a new production campus for the Drivetrain Group in Mexico and a production facility for turbochargers to be located in Poland. The spending for these projects will occur over the next four years.
Turbocharger Operation in Poland: The demand for fuel-efficient, turbocharged engines, both diesel and gasoline, is driving the growth of BorgWarner's turbocharger business around the world. Additional capacity is needed to keep pace with the continued growth in demand for these engine technologies in Europe. Turbocharged diesel engine production is expected to grow almost 20% in Europe from about 7.6 million units today to 9.1 million units in 2011. Over the same period, the European turbocharged gasoline engine market is anticipated to double from about 0.9 million units to 2 million units. The $18 million facility in Rzeszow, Poland is expected to have capacity to make 500,000 turbochargers per year.
SOURCE BorgWarner Inc.