.September
10, 2003
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This Week:
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Tenneco Automotive Launches Manufacturing Operations in Russia
Company to Produce Exhaust
Components and Assemblies at its Togliatti Plant
FRANKFURT, Germany - Tenneco
Automotive announced today that the company is continuing its Central and
Eastern European expansion by opening a manufacturing facility in
Togliatti, Russia, approximately 1,000 kilometers southeast of Moscow.
The new facility will supply
hot-end original equipment (OE) exhaust components, including catalytic
converters and downpipes, and cold-end muffler assemblies for the
Chevrolet Niva platform, a car built by a joint venture between General
Motors and AvtoVAZ, the Russian-based automaker. Tenneco Automotive
expects the facility to be operational by October 2003.
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"We are building a
meaningful presence in Russia and are well-positioned to capture growth
opportunities in this rapidly expanding market," said Mark P.
Frissora, chairman and CEO of Tenneco Automotive. "We will
aggressively work to build our book of business by leveraging our regional
knowledge and local management backed by Tenneco Automotive's global
resources and engineering capabilities."
The opening of the Togliatti
facility marks the fourth Tenneco Automotive plant in Central and Eastern
Europe. The company operates an OE Emission Control plant in Rybnik,
Poland; an OE Ride Control plant in Gliwice, Poland and an OE Ride Control
and Emission Control facility in Hodkovice, Czech Republic.
(Sep 9, 2003)
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