Phillips & Temro Announces Joint Venture In China

Posted on August 9, 2006

Phillips and Temro Industries, a provider of cold start and emissions control products and ASIMCO Technologies Limited, an independent producer of automotive components in China, have announced plans to establish a joint venture to design, manufacture and distribute electrical intake air heaters for the China diesel engine market. PTI ASIMCO Air Intake System (Yizheng) Co., Ltd., will be located in a new facility in Yizheng, Jiangsu Province, China, where ASIMCO has three existing manufacturing plants.

Intake air heaters are designed to provide improved combustion during cold start and initial engine warm-up, deliver smoother and quicker start-to-idle operation and reduce the white smoke emissions. Distribution of the China-built intake air heaters to the domestic commercial vehicle market will begin in the fourth quarter of 2006, the Phillips & Temro said.

“This cooperation brings together technological, manufacturing and marketing expertise of the two companies to provide locally produced, global quality components to the fast growing China automotive market,” said Gary Edwards, president and CEO of PTI. “By partnering with a leading company like ASIMCO, PTI can expand its global footprint and more efficiently enter into the China market.”

ASIMCO Technologies Limited produces a broad range of powertrain, chassis, diesel fuel injection and NVH components for passenger cars and commercial vehicles. It operates 18 manufacturing facilities and a network of 36 sales offices in China, three manufacturing facilities and a regional office in the United States, and a regional office in the United Kingdom.