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BorgWarner Expands Cooperation With Jaguar Land Rover

Stocks in this article: BWA

AUBURN HILLS, Mich., May 15, 2013 /PRNewswire/ -- BorgWarner (NYSE: BWA) will provide its leading turbocharging technologies for Jaguar Land Rover's (JLR's) new family of four-cylinder gasoline and diesel engines, expected to launch in 2015. To support JLR's new Engine Manufacturing Centre near Wolverhampton, BorgWarner plans to expand on its existing production lines and build a new engineering center in Bradford, United Kingdom. In addition, BorgWarner is strengthening its close collaboration with the nearby University of Huddersfield by establishing a master's degree program in turbocharger engineering.

"With our investment in local production and testing, BorgWarner will provide Jaguar Land Rover with fast-to-market, high-quality advanced technologies adapted to their specific needs," said Frederic Lissalde, President and General Manager, BorgWarner Turbo Systems. "BorgWarner's investment in innovation will also help support the local economy with highly skilled engineering and manufacturing jobs, and our increased collaboration with the university will help develop the talent needed to drive turbocharging advancements for the future."

Ian Harnett, Jaguar Land Rover's Purchasing Director, said, "Jaguar Land Rover remains committed to enhancing and developing the automotive supply chain in the UK. This contract is a great example of how we want to work in partnership with our supply chain to develop innovative solutions to support future growth. We are delighted that this contract will not only create high value manufacturing and engineering jobs in West Yorkshire but will support BorgWarner's collaboration with the University of Huddersfield.  This will ultimately help the UK become even more competitive as it is investment in innovation that will make the difference to the growth in the UK economy." 

BorgWarner has produced turbocharging systems for several commercial engine manufacturers in Bradford for nearly 35 years. The new production line will expand the company's product offerings to include turbochargers for passenger cars. In addition, the new engineering center will provide application engineering, design, simulation, testing and validation as well as metallurgical labs. The new center is supported by a grant from the government's Regional Growth Fund (RGF), which supports projects that leverage private sector investment to create economic growth and sustainable employment in England.

Since 2011, BorgWarner has been collaborating with the University of Huddersfield on a Knowledge Transfer Partnership to research improvements in materials for turbocharger housings. The new master's degree program in turbocharger engineering will offer students the opportunity to specialize in an advanced technology to improve fuel economy, reduce emissions and enhance performance for passenger cars and commercial vehicles.

About BorgWarner Auburn Hills, Michigan-based BorgWarner Inc. (NYSE: BWA) is a technology leader in highly engineered components and systems for powertrain applications worldwide. Operating manufacturing and technical facilities in 57 locations in 19 countries, the company develops products to improve fuel economy, reduce emissions and enhance performance. Customers include VW/Audi, Ford, Toyota, Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA, and MAN. For more information, please visit borgwarner.com.

Statements contained in this news release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "initiative," "intends," "outlook," "plans,"  "potential," "project," "pursue," "seek," "should," "target," "when," "would," variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements.  Such risks and uncertainties include: fluctuations in domestic or foreign vehicle production, the continued use by original equipment manufacturers of outside suppliers, fluctuations in demand for vehicles containing our products, changes in general economic conditions, as well as other risks noted reports that we file with the Securities and Exchange Commission, including the Risk Factors identified in our most recently filed Annual Report on Form 10-K. We do not undertake any obligation to update or announce publicly any updates to or revision to any of the forward-looking statements.

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