BorgWarner expands operations in Ningbo, China BorgWarner officially opened another production plant at its campus in Ningbo, China, on November 28. Propelled by the rapidly growing Chinese automotive market, BorgWarner is expanding its capacity to meet increasing demand for fuel-efficient systems and technologies. The all-new high-tech manufacturing facility will produce and test Morse TEC variable cam timing technologies and engine timing systems to support the production and launch of over 50 programs with more than 20 different customers.
News For BWA From The Last 14 Days
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BorgWarner increases quarterly dividend 4% to 13c BorgWarner declared a 4% increase in the quarterly cash dividend to 13c per share of common stock. The dividend is payable on September 16 to shareholders of record on September 2.