| Business Summary | | BorgWarner
Inc.
is
a
global
Tier
I
supplier
of
highly
engineered
systems
and
components,
primarily
for
vehicle
powertrain
applications.
These
products
are
manufactured
and
sold
worldwide,
primarily
to
original
equipment
manufacturers
(OEMs)
of
passenger
cars,
sport
utility
vehicles,
trucks,
commercial
transportation
products
and
industrial
equipment.
The
Company
operates
56
manufacturing
and
technical
facilities
in
13
countries
serving
customers
in
North
America,
South
America,
Europe
and
Asia,
and
is
an
original
equipment
supplier
to
every
major
automotive
OEM
in
the
world.
The
Company's
products
fall
into
five
reportable
operating
segments:
Air/Fluid
Systems,
Cooling
Systems,
Morse
TEC,
TorqTransfer
Systems
and
Transmission
Systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | BWA
is
a
supplier
of
engineered
systems
and
components,
primarily
for
automotive
powertrain
applications.
The
Company
has
five
product
categories:
Cooling
Systems,
Air/Fluid
Systems,
TorgTransfer
Systems,
Morse
TEC
and
Transmission
Systems.
For
the
six
months
ended
6/30/01,
revenues
fell
16%
to
$1.21
billion.
Net
income
fell
44%
to
$45.8
million.
Results
reflect
production
declines
at
Chrysler
and
Ford,
weak
European
and
Asian
currencies
and
lower
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Fiedler, 62 Chairman,
CEO, Director | $1.8M | George Strickler, 53 CFO,
Exec. VP | -- | Gary Fukayama, 53 Exec.
VP | 1.2M | Timothy Manganello, 51 Exec.
VP | 671K | Ronald Ruzic, 62 Exec.
VP | 1.2M | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|