Navistar Acquires Engine Components Business From Continental, Forms New Operating Company

Photo Credit: Navistar
Navistar, Inc., has announced it has concluded an agreement to acquire certain assets and the membership interests of Continental Diesel Systems US, LLC, to manufacture key fuel injection components for its MaxxForce diesel engines.

As part of Navistar’s industry leadership strategy, the company also will establish a dedicated research and development facility to support Navistar’s diesel power system components. The company, renamed Pure Power Technologies, LLC, will further vertically integrate research and development, engineering and manufacturing capabilities to produce world-class diesel power systems and advanced emissions control systems.

“Pure Power Technologies allows Navistar to seamlessly integrate development and production of our power system component technology as we continue to grow globally,” said Daniel C. Ustian, Navistar chairman, president and chief executive officer. “This supports our industry leadership strategy to produce great products and will serve as a components technology incubator for Navistar’s MaxxForce® brand engines.”

Based in Columbia, South Carolina, Pure Power Technologies will operate a research and development center there as well as a manufacturing plant in nearby Blythewood, South Carolina. The Columbia and Blythewood facilities are former Continental assets. Further, the acquisition of these Continental facilities by Navistar prevents their closing as previously announced by Continental. Navistar and Continental will be working on a product transition plan between now and January to assure the needs of both companies are met.

“Housing our advanced manufacturing technology team near the R&D campus will be a key differentiator for Pure Power Technologies. This will enhance our ability to quickly bring new technologies to market,” said Eric Tech, president, Navistar Engine Group.

Source: Navistar


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