BorgWarner Surges On New GM Contracts And Expansions
Sareen BorgWarner wins new four wheel drive transmission contracts with GM expected to lift annual sales by 200 million as BorgWarner expands with Cortland and Marshall sites. Morse TEC leads third quarter gains while MDX all wheel drive system showcases new tech. The firm, with 13 nations, 14 400 employees, moves production to Cortland and plans a 175 000 square foot technology center in Marshall aimed at faster market delivery.
MENTIONED IN THIS ARTICLE
BorgWarner
Timothy Manganello
BorgWarner Torg Transfer Systems
Automotive
Ithaca
Cortland
Acura
Mary Brevard
Motor Trend Magazine
Brevard
Morse Tec
Tim
Organ
Marshall
Mich
Detroit
BorgWarner Irs 2000 Q2 Revenue Hit 618.5M After Tax Charge
BorgWarner reports 2000 second quarter revenue of 618.5 million up from 1999's 589.7 million. Net profit in 3Q 2000 fell to 5.3 million from 27.4 million in 1999, reflecting a 81 percent drop. A 156 million one time after tax restructuring charge will save about 9 million annually after taxes beginning 2001. The company plans to fund a buyback by selling Kuhlman Corp divisions Fuel Systems and Kyser Westran HVAC, acquired in March 1999.
MENTIONED IN THIS ARTICLE
Syracuse Newspapers
Kyser-Westran Hvac
Kuhlman Corp
BorgWarner
Parents urged to guide students on post college debt
Financial aid adviser Karen Taylor warns that alternative loans marketed to students rely on credit history, not repayment ability, often carrying higher costs and hidden terms. Experts say education on debt and budgeting during college reduces post graduation credit troubles and skip meals avoid unnecessary expenses.
MENTIONED IN THIS ARTICLE
Karen T. Taylor
State University College At
Taylor
Mulhig
Cort Lai Gea
Mapacibatson
Diniing Hall
Keep receipts from transactions KEEP
The column lists advantages of debit cards such as avoiding sharing ID and not carrying cash, plus travel acceptance. It also notes disadvantages including balancing the checkbook, potential insufficient funds, bounced check fees, and no grace period for funds. Sharon Patchett, executive director, writes the local Consumer Debt column.
MENTIONED IN THIS ARTICLE
Troncaphians Aq
Sharon Patchett
Consumer Credit Counseling Service of
Central New York
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IRS
Jkharris.com
Nanon
Wall Street
JK Marrs & Company
Syecuse
Ees
Mme
Novellus
Jason
Jamesville
A. Dear
MLS
Leighbaldwin.com
Syracuse.com
KeywordSyracuse.com
Syracuse
Systems
Borg-Warner Inc
Chicago
BWA
Tuer Ettinger Law Firm
Wills, Trusts and Elder Law
Plainfield Rp
OF the
American Association To and Evoce ! Aw Attorneys
Trustlaw.comi
Ms Bank
M&y
Mgy
M&t Bank
MIT Bank
Mandtbank.com
All My Children
Ally McBeal
Another World
Beverly Hills
Dawson's Creek General Hospital
Guiding Light
Sunset Beach
the Beautiful
Daily NewsLine
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