Remy International, Inc.
-The Company was a U.S.-based global market leader in the design, manufacture, re-manufacture, marketing and distribution of starter motors, alternators, multi-line products and hybrid electric motors for light and commercial vehicles for OE manufacturers and service (OEMs and OES) and the aftermarket.
-In November 2015, BorgWarner acquired the Company, making it a wholly owned subsidiary.
-In 2016, BorgWarner divested the Company’s light vehicle aftermarket business to Torque Capital.
-The Company is a wholly owned subsidiary of BorgWarner.
-Electric motors for electric and hybrid applications
|1918||The Company began operating as a division of GM as Delco Remy International, Inc.|
|1994||A group of private investors bought out the Company from GM.|
|2004||Delco Remy International, Inc. renamed as Remy International, Inc.|
|Oct. 2007||The Company and its subsidiaries filed Chapter 11 bankruptcy.|
|Dec. 2007||The Company emerged from Chapter 11 bankruptcy protection.|
|Dec. 2012||Listed on NASDAQ Stock Exchange.|
|Jun. 2013||Acquired remaining interest of Remy Hubei Electric Co. Ltd. joint venture.|
|2013||Closed plant in Mezokovesd, Hungary.|
|Jan. 2014||Acquired United Starters and Alternators Industries, Inc.|
|Aug. 2014||Announced to close manufacturing facilities in New York.|
|Mar. 2015||Acquired Maval Manufacturing, Inc.|
|Nov. 2015||The Company was acquired by BorgWarner, becoming a wholly owned subsidiary.|
|Oct. 2016||BorgWarner divested the light vehicle aftermarket business associated with the Company.|
Supplemental Information 1
>>>Business Reports up until FY ended Dec. 31, 2011
>>>Business Reports FY ended Dec. 31, 2012
>>>Business Reports FY ended Dec. 31, 2013
>>>Business Reports FY ended Dec. 31, 2014
Note: A figure in brackets ( ) indicates a loss