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OEM News 11/13/2008

Nov. 13, 2008
November 13, 2008   Articles Toyota Begins Venza Production In Kentucky ...
November 13, 2008
Toyota Begins Venza Production In Kentucky
Culminating a $350 million investment, Toyota Motor Manufacturing, Kentucky, Inc. and company officials and community leaders on Nov. 10 launched the production of a new, five-passenger vehicle — the Toyota Venza — at the company’s Georgetown, Ky., production facility. Read More

Cummins Inc. Sharing Growth Story
Cummins Inc. is highlighting the role its components businesses play in helping it to deliver sustainable growth. The company held a conference Nov. 12 at its North American turbocharger production facility in Charlestown, S.C., where it told analysts that its fastest growing segment is its Components Group that comprises of four businesses - filtration, turbochargers, exhaust aftertreatment and fuel systems - which together offer some of the Company's most significant growth opportunities. Read More

3M To Acquire Grafoplast S.p.A.
3M said it has entered into an agreement to acquire Grafoplast S.p.A., a manufacturer of wire identification systems for the wire and cable market. Terms of the transaction were not disclosed Read More

Delphi Wins HSDD Business From GM Europe
Delphi Corporation said it signed an agreement to provide new High-Speed Digital Data (HSDD) connectivity systems for new General Motors vehicles in Europe. Delphi said it won the business soon after unveiling its new HSDD technology. Read More

Tyco International Reports Fourth Quarter Earnings
Despite restructuring charges of $111 million, Tyco International Ltd. saw its operating income increase by 8.1 percent and increased its quarterly dividend by 33 percent, according to its fourth (fiscal) quarter earnings report. Read More

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