Company's Lead-Free Engine Bearings Offer Environmentally-Friendly Solutions to Vehicle Manufacturers
SOUTHFIELD, Mich., April 8, 2014 . Federal-Mogul Corporation's (NASDAQ: FDML) Powertrain segment was the recipient of a 2014 Automotive News PACE(TM) Award at a ceremony on April 7 in Detroit. The prestigious award recognizes automotive suppliers for superior innovation, technological advancement and business performance.
The company's lead-free engine bearings were recognized in the Product category, which highlights innovations in new products, components or systems that have significant market impact and act as "game changers" in the automotive industry.
"The PACE Award process recognizes innovation, which is the foundation of our business - providing innovative powertrain solutions for our customers," said Gian Maria Olivetti, vice president, technology and innovation, Federal-Mogul Powertrain. "We are extremely honored to receive this prestigious award, as it demonstrates the great pride we take in our products and technologies."
Federal-Mogul was the first, and is still the only company to offer a comprehensive portfolio of lead-free bearing products, driven by legislative mandates in Europe in 2008. To replace lead as an alloying element in sliding engine bearings, Federal-Mogul engineers were successful in developing a portfolio of materials based on significantly different tribological and physical properties, which are effective for gasoline and diesel engines for both main and connecting rod bearing applications and under a broad range of load cycles.
Federal-Mogul has had a successful history with PACE, the recipient of 13 awards since 2003. The company received two PACE awards in 2013 for its IROX® Engine Bearings and High Modulus Bonded Piston Technology; an award in 2012 for its Two-Dimensional Ultrasonic Testing for Raised Gallery Pistons; two awards in 2011 for its EcoTough®-coated piston and LKZ® oil control ring and three awards in 2010 for its DuraBowl® piston reinforcement process; High Precision Electro-Erosion Machining (HPEEM) manufacturing process; and Bayonet Connection System for profile wiper blades. The company also was honored with PACE Awards for its High-Temperature Alloy (HTA) gaskets and Goetze® Diamond Coating (GDC®) for piston rings in 2007; for its Monosteel® diesel piston in 2006; and for its Wagner® ThermoQuiet® brake pads and shoes in 2003.
The 20th annual PACE (Premier Automotive Suppliers' Contribution to Excellence) Award was presented by Automotive News, Ernst & Young LLP and Transportation Research Center Inc. (TRC Inc.). The competition was open to suppliers who contribute products, processes, materials or services directly to the manufacture of cars or trucks. The Automotive News PACE Award is accepted around the world as the industry symbol of innovation.
Federal-Mogul earned the Automotive News PACE Award following an extensive review by an independent panel of judges including a comprehensive written application and site visit. For complete details of the Automotive News PACE Award, visit www.autonews.com/pace.
Federal-Mogul Corporation (NASDAQ: FDML) is a leading global supplier of products and services to the world's manufacturers and servicers of vehicles and equipment in the automotive, light, medium and heavy-duty commercial, marine, rail, aerospace, power generation and industrial markets. The company's products and services enable improved fuel economy, reduced emissions and enhanced vehicle safety.
Federal-Mogul operates two independent business segments, each with a chief executive officer reporting to Federal-Mogul's Board of Directors. Federal-Mogul's Powertrain segment designs and manufactures original equipment powertrain components and systems protection products for automotive, heavy-duty, industrial and transport applications. Federal-Mogul's Vehicle Components segment sells and distributes a broad portfolio of products through more than 20 of the world's most recognized brands in the global vehicle aftermarket, while also serving original equipment vehicle manufacturers with products including braking, chassis, wipers and other vehicle components. The company's aftermarket brands include ANCO® wiper blades; Champion® spark plugs, wipers and filters; AE®, Fel-Pro®, FP Diesel® Goetze®, Glyco®, Nüral®, Payen® and Sealed Power® engine products; MOOG® steering and suspension parts; and Ferodo® and Wagner® brake products.
Federal-Mogul was founded in Detroit in 1899. The company employs 44,300 people in 33 countries, and its worldwide headquarters is in Southfield, Michigan, United States. For more information, please visit www.federalmogul.com.