Federal-Mogul announces new operating structure

News
September 10, 2012

September 10, 2012

Federal-Mogul Corporation has announced that the company has begun operating with two business segments, each with a Chief Executive Officer reporting to Federal-Mogul’s Board of Directors. Federal-Mogul’s powertrain segment focuses on original equipment products for automotive, heavy duty and industrial applications. The vehicle components segment sells and distributes a broad portfolio of products in the global vehicle aftermarket, while also serving original equipment manufacturers.

“Today’s announcement is the fulfilment of the direction established by the Company’s Board of Directors in March 2012, to focus the business on the unique needs of customers who buy original equipment powertrain products, or aftermarket and vehicle components,” stated Rainer Jueckstock, co-CEO, Federal-Mogul and CEO F-M Powertrain Segment. “The two operating segments will continue to be divisions of Federal-Mogul Corporation and continue to use the FDML stock symbol.”

Listed below are Federal-Mogul Corporation’s two new business segments, with the full year 2011 sales information reflecting the sales in the respective segments as if they had been segmented in this manner at that time.

Federal-Mogul Powertrain

Full Year 2011 Sales: $4.2 billion (with intercompany sales)

Manufacturing Plants: 79

Engineering Centres: 12

Employees: 32,500

Main Product Lines: Pistons, piston rings, cylinder liners, valve seats, valve guides, bearings, spark plugs, bushings, static gaskets and dynamic seals, heat shields, systems protection products

Federal-Mogul Vehicle Component Solutions

Full Year 2011 Sales: $3.1 billion

Manufacturing Plants: 31

Engineering Centres: 8

Distribution Centres: 20

Employees: 12,500

Main Product Lines: Engine and sealing components, brake friction, wipers, steering and suspension, fluids and chemicals

Federal-Mogul uses Power Metallurgy and other manufacturing technologies to produce a wide range of components for the automotive sector. The company employs some 45,000 people in 34 countries, and has its worldwide headquarters is in Southfield, Michigan, United States.

www.federalmogul.com  

 

Posted by: Paul Whittaker, Editor ipmd.net, [email protected]   

News | Articles | Market reviews | Search directory | Subscribe to e-newsletter

News
September 10, 2012

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • From powder modification to rejuvenation: Fluidised Bed Reactors in metal powder production and Additive Manufacturing
  • Retech: Enabling the atomisation of reactive and refractory alloys at substantially higher levels of productivity and lower cost
  • Sustainability in Powder Metallurgy: Highlights from the 41st Hagen Symposium
  • Innovations from Japan’s Powder Metallurgy industry: award winners highlight novel automotive and healthcare applications

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link