Automotive-Parts Supplier BorgWarner's Long-Term Outlook Remains Positive

SUGAR LAND, TX -- (MARKET WIRE) -- Jan 19, 2009 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Despite being hit hard by the worldwide economic crisis, BorgWarner Incorporated (NYSE:BWA) (Auburn Hills, Michigan), an international automotive-parts supplier, remains optimistic for growth. In the long term, the company sees an opportunity to remain profitable, as the need for fuel economy and reduced emissions are driving its $2.1 billion backlog of new business over the next three years, CEO Tim Manganello said. In November 2007, Industrial Info began tracking an $18 million manufacturing plant expansion that BorgWarner had planned in Longview, Texas. The project, which was scheduled to begin construction in August 2008, was canceled before it kicked off.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to Email Contact or visit us online at www.industrialinfo.com.

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