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Federal-Mogul opens Asia-Pacific HQ, tech-center in Shanghai

From Gasgoo.com| June 29 , 2010

Shanghai, June 28 (Gasgoo.com) Federal-Mogul Corporation (NASDAQ:FDML) last friday celebrated the grand opening of its 9,000-square-meter, state-of-the-art Asia Pacific Headquarters and Technical Center (#118 Jiqiao Road, Jinqiao, Pudong) in Shanghai, China to serve the growing and dynamic Chinese automotive industry. The facility houses approximately 300 employees including engineering, sales, purchasing and other administrative activities, as well as powertrain dynamometers, vehicle and braking test cells, and an array of laboratory equipment required to develop and test new technology.

"China is and will continue to be a strategic market for the automotive industry and for Federal-Mogul," said President and Chief Executive Officer José Maria Alapont. "Our new Asia Pacific Headquarters and Technical Center will enable us to increase technical support to powertrain and vehicle customers, offering on-site advanced technology development and product engineering in addition to state-of-the-art testing. Federal-Mogul’s significant investment in this region will ensure we grow our capability to provide leading technology and innovation for local and export markets," said Alapont.

The Technical Center, which Federal-Mogul constructed in one of China’s rapidly growing industrial centers, is one of the company’s 18 globally-networked engineering and technical centers, enabling the company to create value for its customers through innovative technology that achieves product leadership at a competitive cost. The facility’s engineers will develop advanced technology and product engineering, plus conducting a variety of tests on powertrains and vehicle products and components for customer programs. The company’s global technical center network is focused around leading product and process competencies, working interdependently on many customer powetrain programs and vehicle platforms.

Federal-Mogul, in addition to the Asia Pacific Headquarters and Technical Center, has seven plant operations in China, employing 2,000 people and manufacturing all major products from its global portfolio for original equipment and aftermarket customers. Federal-Mogul has two
facilities in Shanghai; two in Qingdao; one in Anqing; one in Nanchang and two in Wuhan.

Federal-Mogul develops and manufactures a variety of leading products, including pistons and rings, valve seats and guides, bearings, seals, head gaskets and ignition for both gasoline and diesel powertrains, together with vehicle braking and friction materials, chassis components and systems protection products, serving the world's foremost original equipment manufacturers and the global aftermarket industry.

"Federal-Mogul is expanding our presence in Asia Pacific, especially in China, because we believe in the long-term growth prospects of the increasingly sophisticated Chinese automotive market and other regional markets. We continue to implement actions to strengthen the company’s strategy to generate sustainable global profitable growth," said Alapont.

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