AUBURN
HILLS, Mich., Feb. 12,
2025 /PRNewswire/ -- BorgWarner has been awarded on
the Forbes list of America's Best Employers 2025 for the sixth
time. This prestigious award is presented in collaboration with
Statista, the world-leading statistics portal and industry ranking
provider. The award list was announced on February 12th, 2025, and can be viewed on Forbes'
website.
Forbes and Statista selected America's Best Employers 2025
through an independent survey from a vast sample of over 217,000
U.S. employees working for companies employing at least 1,000
people within the U.S. Over 6.5 million employer evaluations were
considered. The final score is based on two types of evaluations:
personal (those given by employees themselves) and public (those
given by friends and family members of employees, or members of the
public who work in the same industry), with a much higher weighting
for personal evaluations.
Based on the results of the study, BorgWarner is honored to
be recognized on the Forbes list of America's Best Employers
2025!
"We are honored to receive this recognition and are deeply proud
of the incredible team we have built at BorgWarner," said
Tania Wingfield, Chief Human
Resources Officer, BorgWarner. "Our employees are at the heart of
everything we do, and this award reflects our ongoing dedication to
creating a workplace where everyone feels valued, supported, and
empowered. We believe that when our employees thrive, our company
thrives, and this recognition is a testament to that
philosophy."
BorgWarner has always been committed to fostering a workplace
that nurtures talent, celebrates diversity, and encourages
innovation. This recognition reinforces that BorgWarner is poised
to continue leading the industry in employee satisfaction, setting
a new standard for workplace excellence.
About Statista
Statista publishes hundreds of
worldwide industry rankings and company listings with high-profile
media partners. This research and analysis service is based on the
success of statista.com, the leading data and business intelligence
portal that provides statistics, business-relevant data, and
various market and consumer studies and surveys.
About BorgWarner
For more than 130 years, BorgWarner
has been a transformative global product leader bringing successful
mobility innovation to market. With a focus on sustainability,
we're helping to build a cleaner, healthier, safer future for
all.
Forward-Looking Statements: This release may contain
forward-looking statements as contemplated by the 1995 Private
Securities Litigation Reform Act that are based on management's
current outlook, expectations, estimates and projections. Words
such as "anticipates," "believes," "continues," "could,"
"designed," "effect," "estimates," "evaluates," "expects,"
"forecasts," "goal," "guidance," "initiative," "intends," "may,"
"outlook," "plans," "potential," "predicts," "project," "pursue,"
"seek," "should ," "target," "when," "will," "would," and
variations of such words and similar expressions are intended to
identify such forward-looking statements. Further, all statements,
other than statements of historical fact, contained or incorporated
by reference in this release that we expect or anticipate will or
may occur in the future regarding our financial position, business
strategy and measures to implement that strategy, including changes
to operations, competitive strengths, goals, expansion and growth
of our business and operations, plans, references to future success
and other such matters, are forward-looking statements. Accounting
estimates, such as those described under the heading "Critical
Accounting Policies and Estimates" in Item 7 of our most recently
filed Annual Report on Form 10-K ("Form 10-K"), are inherently
forward-looking. All forward-looking statements are based on
assumptions and analyses made by us in light of our experience and
our perception of historical trends, current conditions and
expected future developments, as well as other factors we believe
are appropriate under the circumstances. Forward-looking statements
are not guarantees of performance, and the Company's actual results
may differ materially from those expressed, projected or implied in
or by the forward-looking statements.
You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this release.
Forward-looking statements are subject to risks and uncertainties,
many of which are difficult to predict and generally beyond our
control, that could cause actual results to differ materially from
those expressed, projected or implied in or by the forward-looking
statements. These risks and uncertainties, among others, include:
supply disruptions impacting us or our customers, commodity
availability and pricing, and an inability to achieve expected
levels of recoverability in commercial negotiations with customers
concerning these costs; competitive challenges from existing and
new competitors, including original equipment manufacturer ("OEM")
customers; the challenges associated with rapidly changing
technologies and our ability to innovate in response; the
difficulty in forecasting demand for electric vehicles and our
electric vehicles revenue growth; future changes in laws and
regulations, including, by way of example, taxes and tariffs, in
the countries in which we operate; potential disruptions in the
global economy caused by wars or other geopolitical conflicts; the
ability to identify targets and consummate acquisitions on
acceptable terms; failure to realize the expected benefits of
acquisitions on a timely basis; the possibility that our 2023
tax-free spin-off of our former Fuel Systems and Aftermarket
segments into a separate publicly traded company will not achieve
its intended benefits; the failure to promptly and effectively
integrate acquired businesses; the potential for unknown or
inestimable liabilities relating to the acquired businesses; our
dependence on automotive and truck production, which is highly
cyclical and subject to disruptions; our reliance on major OEM
customers; impacts of any future strikes involving any of our OEM
customers and any actions such OEM customers take in response;
fluctuations in interest rates and foreign currency exchange rates;
our dependence on information systems; the uncertainty of the
global economic environment; the outcome of existing or any future
legal proceedings, including litigation with respect to various
claims, or governmental investigations, including related
litigation; impacts from any potential future acquisition or
disposition transactions; and the other risks noted in reports that
we file with the Securities and Exchange Commission, including Item
1A, "Risk Factors" in our most recently filed Form 10-K and/or
Quarterly Report on Form 10-Q. We do not undertake any obligation
to update or announce publicly any updates to or revisions to any
of the forward-looking statements in this release to reflect any
change in our expectations or any change in events, conditions,
circumstances, or assumptions underlying the statements.
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SOURCE BorgWarner
