AUBURN HILLS, Mich.,
Feb. 19, 2019 /PRNewswire/
-- Recognizing that the demand for electric and hybrid
propulsion systems is growing rapidly and goes beyond mainstream
passenger and commercial vehicles, BorgWarner has acquired two
Oregon-based businesses.
BorgWarner formed Cascadia Motion LLC to acquire assets and merge
the operations of the companies – Rinehart Motion Systems LLC and
AM Racing Inc. Cascadia Motion will retain an entrepreneurial
culture and explore the wide variety of electric and hybrid
propulsion solutions for niche and emerging applications.
"Rinehart Motion Systems and AM Racing are two established
companies in the specialty electric and hybrid propulsion
sector," said Hakan Yilmaz, Chief
Technology Officer at BorgWarner. "Bringing them together as
Cascadia Motion will allow us to offer design, development and
production of full electric and hybrid propulsion systems for niche
and low-volume manufacturing applications."
Cascadia Motion will leverage the proficiencies of both
companies into a start-up atmosphere designed to incubate new
technologies. Rinehart Motion Systems brings expertise in
propulsion inverters and controls for electric and hybrid electric
vehicles in professional motorsports, motorcycles, specialty road
cars, bus, and heavy duty sectors. AM Racing designs and
manufactures single- and dual-core electric motors and gearsets
used in all these same market segments.
Cascadia Motion LLC will expand the company's ability to support
a wide variety of customers with small scale projects, specialty
products, and low volume manufacturing needs. In addition,
BorgWarner's global production facilities can be utilized as
Cascadia Motion customers grow to require high-volume
production.
About BorgWarner
BorgWarner Inc. (NYSE: BWA) is a
global product leader in clean and efficient technology solutions
for combustion, hybrid and electric vehicles. With manufacturing
and technical facilities in 68 locations in 19 countries, the
company employs approximately 30,000 worldwide. For more
information, please visit borgwarner.com.
About Cascadia Motion LLC
Cascadia Motion LLC was
created to combine assets and operations of the former Rinehart
Motion Systems and AM Racing into one company that is wholly owned
by BorgWarner. Based in Oregon, Cascadia Motion specializes in design,
development and production of hybrid and electric propulsion
solutions for prototype and low-volume production applications.
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our dependence on automotive and truck production, both of which
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availability of credit; our dependence on key management; our
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and future changes in laws and regulations, including by way of
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SOURCE BorgWarner