BorgWarner Inc. (BWA)

[Penny Roger$]

BorgWarner Inc. and Consolidated Subsidiaries (the Company) is a global supplier of engineered automotive systems and components, primarily for powertrain applications. The Company has two segments: Engine and Drivetrain. Its products are manufactured and sold worldwide, primarily to original equipment manufacturers (OEMs) of light-vehicles (passenger cars, sport-utility vehicles, vans and light-trucks). Its products are also sold to other OEMs of commercial trucks, buses and agricultural and off-highway vehicles. It also manufactures and sells its products to certain Tier One vehicle systems suppliers and into the aftermarket for light and commercial vehicles. It operates manufacturing facilities serving customers in the Americas, Europe and Asia, and is an original equipment supplier to every major automotive OEM in the world. On January 31, 2011, it acquired the Traction Systems division of Haldex Group. In October 2011, it launched new Turbocharger Production Plant in Mexico.

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