24th
February 2009 - Haldex Continues to Invest in Friction
Business
Haldex Commercial
Vehicle Systems announces that effective immediately, the Haldex Friction
Center business will report to Joe Panella, Senior Vice President Global
Sales.
"Friction
is a key component in our business portfolio. Over the past two years we
have added the latest technology and progressive manufacturing upgrades
to our network of New Generation Friction Centers,” stated Panella,
“These renovations have resulted in increased relined capacity,
streamlined processes and quality process standardization.”
Haldex has invested
over one million dollars in updating four Friction Center locations
including: Grand Rapids, MI, Ontario, CA, Vancouver, WA and Nashville,
TN. The remaining four locations are slated for upgrades within the
next two years. “We will continue to invest in our friction centers and
focus on providing a quality product and exceptional customer service,”
noted Panella.
As a result of the
divestiture of the Prattville Operations and the restructuring of the
Friction Products Business Unit, Pete Joy, Senior Vice President,
Friction Products Business Unit, has left Haldex to pursue other
business interests. During his long career with the company, Joy had
many contributions to the development and success of our Sales and
Marketing, Remanufacturing and Distribution. Most recently, he led the
successful restructuring of the Friction Products Business Unit.
For more information
please visit www.haldex.com or call 1-800-643-2374.
About Haldex
Haldex Commercial Vehicle Systems (www.haldex.com)
is a leading manufacturer and distributor of heavy-duty air brake and
suspension control system components. It operates globally with
headquarters in Kansas City, Missouri; manufacturing and engineering
facilities in the United States, the United Kingdom, Sweden, China,
Hungary, Germany, Brazil, Mexico and India; and sales organizations for
main geographic markets headquartered in Kansas City, Weyersheim,
France, Sao Paulo, Brazil and Seoul, Korea.
Haldex Commercial Vehicle Systems is a part of
Haldex Group,
a
provider of proprietary and innovative solutions to the global vehicle
industry, with focus on products in vehicles that enhance safety,
environment and vehicle dynamics. Haldex is listed
on the Stockholm Stock Exchange and has annual sales of nearly one
billion dollars with 5,500 employees.
Source:
Haldex Commercial
Vehicle Systems Press Release