Federal-Mogul Holdings LLC Business Report FY ended Dec. 2017
-The Company’s net sales for the fiscal years ending December 31, 2016, 2015 and 2014, were USD 7,434 million, 7,419 million, and 7,317 million, respectively.
Company name change
-On February 14, 2017, the Company, Federal-Mogul Holdings Corporation, was converted to a single member limited liability corporation in the U.S. and changed its name to Federal-Mogul Holdings LLC. The Company was delisted from the NASDAQ Global Stock Market and is now a private company.
-The Company announced that it has completed the acquisition of UK-based clean-tech development company, Controlled Power Technologies Ltd (CPT). The new unit will offer its solutions under the name, Federal-Mogul Controlled Power Ltd. The purchase will help the Company to expand into the development and manufacture of powertrain technologies for electrification and hybridization. Headquartered in Laindon, Essex and with an additional site in Coventry, CPT specializes in the development of 12V and 48V electric motor-generators for start-stop applications, mild hybridization, exhaust-driven electrification technologies, e-boosting for combustion engines, e-compressors for fuel cells and similar products. (From a press release on November 16, 2017)
-The Company announced its engine technologies are in all ten winners of the 2017 International Engine of the Year. The Company supplies components for the engines, including pistons, piston, rings, cylinder liners, valve seats and guides, engine valves, engine bearings, seals, gaskets and system protection components. The award-winning engines are as follows:
- Ferrari 488 GTB/Spider: 3.9-liter biturbo V8
- Ford Fiesta, B-Max, Focus, C-Max, Grand C-Max, Mondeo, EcoSport: 999cc three-cylinder turbo
- Peugeot 208, 308, 2008, 3008, 5008; Citroen C3, C3 Picasso, C4, C4 Cactus, C4 Picasso/Grand Picasso, DS3, DS4: 1.2-liter three-cylinder turbo
- BMW i8: 1.5-liter three-cylinder electric-gasoline hybrid
- Porsche 718 Boxter, 718 Cayman: 2.0-liter turbocharged boxer-four
- Audi RS3, TT RS: 2.5-liter five-cylinder turbo
- Porsche 911 Carrera, 911 Carrera 4, 911 Carrera S, 911 Carrera 4S, Carrera GTS: 3.0-liter twin turbocharged flat-six
- Ferrari F12, F12 tdf: 6.3-liter V12
- Tesla Model S, Model X: Full-electric powertrain
- Acura NSX: 3.5-liter electric-gasoline hybrid V6
(From a press release on July 27, 2017)
-The Company announced its engine technologies are in all ten of Ward's 10 Best Engines for 2017 model year vehicles. The Company supplies components for the engines, including pistons, piston rings, cylinder liners, valve seats and guides, engine valves, engine bearings, spark plugs, seals, gaskets, heat shields, and system protection components. The award-winning engines are as follows:
- BMW M240i: 3.0-liter turbocharged DOHC I6
- Chevrolet Volt: 1.5-liter I4 with dual electric motors
- Chrysler Pacifica: 3.6-liter V6 with dual electric motors
- Ford Focus RS: 2.3-liter turbocharged I4
- Honda Accord Hybrid: 2.0-liter I4
- Hyundai Elantra Eco: 1.4-liter turbocharged DOHC I4
- Infiniti Q50: 3.0-liter twin turbo DOHC V6
- Mazda CX-9: 2.5-liter turbocharged DOHC I4
- Mercedes-Benz C300: 2.0-liter turbocharged DOHC I4
- Volvo V60 Polestar: 2.0-liter Turbocharged/Supercharged DOHC I4
(From a press release on January 11, 2017)
-The Company has approximately 14 research and development centers for its Powertrain division and 13 research and development centers for its Motorparts division.
Rotocap valve rotator
-The Company’s Powertrain division announced that it will launch a new, smaller version of its proven Rotocap valve rotator, the first for 4-valve per cylinder light vehicle engines, at the 2017 IAA in Frankfurt, Germany. Rotocap provides the enhanced valve rotation control required to compensate the challenges caused by reducing valvetrain lubrication and engine downspeeding. Rotocap eliminates uncontrolled rotation, which normally is transferred to the valve during its opening and closing movement. The new small automotive Rotocap is available with an outer diameter in the range of 20-25 mm, which enables an easy implementation into the cylinder head. (From a press release on August 22, 2017)
Valve seats and guides with improved thermal conductivity materials
-The Company announced that it will debut valve seats and guides that use new materials with improved thermal conductivity at the 2017 IAA show in Frankfurt, Germany. The new High Thermal Conductivity materials and Thermal Interface Material coating can reduce valve head temperatures by up to 70 degrees Celsius. This decrease in valve head temperature reduces the temperature in the hottest part of the combustion chamber and reduces the gas temperature at the end of the compression stroke. The lowered temperatures in turn improve knock resistance and enable more optimized combustion. (From a press release on August 10, 2017)
IROX 2 polymeric coating for crankshaft bearings
-The Company announced that it will debut polymeric bearings with IROX 2, a new high-performance polymeric coating for crankshaft bearings, at the 2017 IAA show in Frankfurt, Germany. IROX 2 provides reduced friction and increased wear resistance versus aluminum bearing surfaces. Compared to the original IROX coating, the new IROX 2 provides improved seizure performance, making it more applicable on crankshafts with a smoother finish that use thinner oils. These bearings can be used on both light- and heavy-duty engines and are particularly suited for hybrid and start/stop engine applications. (From a press release on July 18, 2017)
Investments in U.S.
-The Company’s Motorparts division announced that it will invest more than USD 8.68 million to expand its facility in Glasgow, Kentucky, U.S. The investment is directed towards the construction of a 15,000-square-foot expansion of its existing building and the purchase of new equipment. The facility currently produces drum brake friction products for OEMs and the commercial vehicle aftermarket. The upgrades will allow the facility to manufacture 1.5 million air disc pads annually. (From Kentucky Cabinet for Economic Development release on December 12, 2017)
Investments outside U.S.
-On October 27, 2017, a subsidiary of the Company, Federal-Mogul Sealing System Nanchang Co., Ltd., launched its production at its new location in Nanchang, China. Located in the Economic & Technological Development Zone in Nanchang, the new plant is three times bigger than the previous facility. The facility was enlarged to meet the growing needs of Chinese automakers for high-performance powertrain sealing. The plant features a new MicroTorq low-friction power oil sealing production line. MicroTorq low-friction power oil sealing can reduce friction by 80%. The new plant will supply cylinder head gaskets made of multi-layer metals or metal and rubber, exhaust gaskets, Nimbus insulation coverings, Unipiston transmission integrated sealing pistons and other gaskets and seals. (From some releases on October 30, 2017)
-The Company’s Powertrain division opened a cylinder liner foundry, expanding its Naberezhnye Chelny plant in Russia. The plant was developed as a joint venture with KAMAZ in 2009. The addition of the foundry will enable in-house manufacturing capability of cylinder liner castings. The expanded facility includes melting furnaces, an automated centrifugal casting machine and a robot-assisted automatied pre-machining line. (From a press release on June 27, 2017)