BorgWarner Breaks Ground on Poland Plant

BorgWarner Inc. said Tuesday it broke ground on a new plant in Poland, where it plans initially produce 500,000 turbochargers for European automakers beginning in 2009.

In addition, the auto supplier said it expects the plant to expand over the following two years to produce up to 2 million units.

BorgWarner said the plant's location in southeast Poland will allow it to serve manufacturers in both western and eastern Europe. About 200 jobs are expected to be created, the company said.

BorgWarner said it expects turbocharged light-vehicle diesel engine production to grow by nearly 20 percent in Europe to about 11.6 million units in 2012.

At the same time, the European turbocharged gasoline engine market is expected to triple to 3 million units, the auto supplier said.

BorgWarner shares rose 7 cents to $43.77.
Source:chron.com