Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange)
September 21, 2016
TENNECO SUPPLYING CLEAN AIR AND RIDE PERFORMANCE TECHNOLOGIES ON 2016 FORD F-650/F-750 MEDIUM DUTY TRUCKS
Hannover, Germany, September 21, 2016 - Tenneco Inc. (NYSE: TEN), a global supplier of Clean Air and Ride Performance products and systems, is supplying the 2016 Ford F-650/F-750 medium duty trucks. These commercial-grade trucks are currently in production and feature Ford’s exclusive 6.7-liter Power Stroke® diesel and 6.8-liter V10 gasoline engines. Tenneco is providing the full exhaust system for both engines, including the selective catalytic reduction (SCR) aftertreatment system for the Power Stroke diesel engine, as well as engineered elastomer leaf spring eye bushings.
“We’re proud to support Ford on this important truck platform,” said Henry Hummel, senior vice president, Global Clean Air, Tenneco. “The emission control technologies featured on both the diesel and gasoline engines of the Ford F-650 and F-750 demonstrate the strength of Tenneco’s full suite of aftertreatment solutions and our ability to help deliver the fuel economy and performance these engines require.”
In 2015, Tenneco began production in a new facility in Jeffersonville, Indiana to manufacture the emissions control systems, which also include components produced in the company’s facilities in Ligonier, Indiana, and Seward, Nebraska. Product engineering and development for both emissions control systems was conducted at Tenneco’s global clean air engineering center in Grass Lake, Michigan. The engineered elastomer bushings were developed at Tenneco’s technical center in Milan, Ohio, and manufactured in Reynosa, Mexico.
Tenneco is exhibiting at Hall 16, Stand C10 at the 2016 IAA Commercial Vehicles Show, September 22-29 in Hannover, Germany.
Tenneco is an $8.2 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 30,000 employees worldwide. Tenneco is one of the world’s largest designers, manufacturers and marketers of clean air and ride performance products and systems for automotive and commercial vehicle original equipment markets and the aftermarket. Tenneco’s principal brand names are Monroe®, Walker®, XNOx® and Clevite®Elastomers.
This press release contains forward-looking statements. Words such as “anticipate,” “expects,” "will", "continue" and similar expressions identify forward-looking statements. These forward-looking statements are based on the current expectations of the company (including its subsidiaries). Because these forward-looking statements involve risks and uncertainties, the company's plans, actions and actual results could differ materially. Among the factors that could cause these plans, actions and results to differ materially from current expectations are: (i) changes in automotive or commercial vehicle manufacturers' production rates and their actual and forecasted requirements for the company's products, including the company's resultant inability to realize the sales represented by its awarded book of business; (ii) any change in customer demand due to delays in the adoption or enforcement of worldwide emissions regulations or any other changes in consumer demand and prices, including decreases in demand for automobiles or commercial vehicles which include the company's products, and the potential negative impact on the company's revenues and margins from such products; (iii) the general political, economic and competitive conditions in markets where the company and its subsidiaries operate; (iv) workforce factors such as strikes or labor interruptions; (v) material substitutions and increases in the costs of raw materials; and (vi) the company's ability to develop and profitably commercialize new products and technologies, and the acceptance of such new products and technologies by the company's customers. The company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. Additional information regarding risk factors and uncertainties is detailed from time to time in the company's SEC filings, including but not limited to its report on Form 10-K for the year ended December 31, 2015.
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