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National Press Release
![]() | Affinia Expanding Global ManufacturingPublished 2008-07-01 08:08By Affinia Group Inc. |


Haimeng significantly expands Affinia's worldwide manufacturing capacity
for high-quality brake components. The new partnership also provides Affinia
with a strategic opportunity for continued market expansion through Haimeng's
current OEM and aftermarket customer base in
"This new business venture clearly reinforces our commitment to excelling
as a major global manufacturer of aftermarket products," said
Haimeng was founded in 1997 and operates more than 1 million square feet
of manufacturing facilities in Longkou City,
"Our joining forces with Affinia is a win-win," said Zhang Haibo, President of Haimeng. "We offer manufacturing facilities and technical expertise with a proven track record, while Affinia offers a family of brands recognized the world over. Affinia customers will benefit most of all with expanded access to the quality products, comprehensive services and trusted brands they need."
Affinia anticipates that the Haimeng agreement will be completed by the end of the third quarter of this year.
"We have been implementing a strategic business plan for Affinia over the
past three years to assure the highest-quality products for our customers,"
McCormack said. "This new venture with Haimeng is a key element in our
continued transformation from a North American-based manufacturing company to
a global producer with plants in
Affinia Group Inc. is a global leader in the on- and off-highway
replacement products and services industry. In
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These forward-looking statements may include comments concerning our plans, objectives, goals, strategies, future events, future revenue or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, business trends and other information that is not historical. When used in this report, the words "estimates," "expects," "anticipates," "projects," "plans," "intends," "believes," "forecasts," or future or conditional verbs, such as "will," "should," "could" or "may," and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements, including, without limitation, management's examination of historical operating trends and data are based upon our current expectations and various assumptions. Our expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them. However, there is no assurance that these expectations, beliefs and projections will be achieved. With respect to all forward-looking statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
There are a number of risks and uncertainties that could cause our actual
results to differ materially from the forward-looking statements contained in
this report. Such risks, uncertainties and other important factors include,
among others: our substantial leverage; limitations on flexibility in
operating our business contained in our debt agreements; pricing and import
pressures; the shift in demand from premium to economy products; our
dependence on our largest customers; changing distribution channels;
increasing costs for manufactured components, raw materials, crude oil and
energy prices; our ability to achieve cost savings from our restructuring;
increased costs in imported products from
Contact:
Director of Corporate Communications
(734) 827-5421
SOURCE Affinia Group Inc.








