LOCKPORT, N.Y., Feb 9, 2000 /PRNewswire via COMTEX/ -- The global
presence of Delphi Automotive Systems' (NYSE: DPH) proven thermal
management technology continues to expand with the announcement today
of a key licensing agreement.
Delphi's Harrison Thermal division has signed a technical license
agreement (TLA) with Tripac International related to the manufacture of
automotive heat exchange components. The agreement allows Tripac
International access to Delphi's patented air conditioning technology,
having acquired the rights to manufacture and market various designs
within the condenser and evaporator families.
Based in Fort Worth, Texas, Tripac International manufactures and
supplies a variety of automotive cooling products to the automotive,
heavy duty, off- road and special niche markets. Tripac's current
primary product line is engine cooling and condensing motor, fan and
shroud assemblies. It will manufacture Delphi's condensers and
evaporators at its manufacturing subsidiary in Sydney, Australia,
according to company president Stephen O'Brien.
(Housed primarily at the front of the vehicle, air conditioning
condensers change refrigerant vapor to liquid through the removal of
heat. Evaporators, part of the in-dash heating, ventilation and air
conditioning module, change liquid refrigerant to vapor, and cool the
inside of the vehicle.)
The TLA brings the manufacture of Delphi's advanced air conditioning
technology to Australia for the first time. The company already exports
air conditioning compressors and other items to Australia from its
international operations.
"This agreement allows us to continue growing our bottom line through
an alliance with a globally-focused company, and gives us the
opportunity to work with Tripac to expand our influence in the heat
exchanger market," said Ronald M. Pirtle, Delphi Thermal president and
Delphi Automotive Systems vice president.
"Delphi's proven technology will allow us to better serve our customers
by providing world-class products tailored to meet their specific needs,
" said O'Brien, whose company will market the Delphi-based products
primarily in Australia.
Delphi Automotive Systems, headquartered in Troy, Mich., USA, is a
world leader in automotive components and systems technology. Delphi's
three business sectors -- Dynamics & Propulsion; Safety, Thermal &
Electrical Architecture; and Electronics & Mobile Communications --
provide comprehensive product solutions to complex customer needs. As
of December 31, 1999, Delphi had approximately 203,000 employees and
operated 166 wholly owned manufacturing sites, 39 joint ventures, 51
customer centers and sales offices and 27 technical centers in 37
countries.
With the addition of Lucas Diesel Systems in January 2000, Delphi's
worldwide presence grew to approximately 213,500 employees, 175 wholly
owned manufacturing sites, 41 joint ventures, 51 customer centers and
sales offices and 27 technical centers in 37 countries. Regional
headquarters are located in Paris, Tokyo, and Sao Paulo, Brazil. Delphi
can be found on the Internet at delphiauto.com .
SOURCE Delphi Automotive Systems
(C) 2000 PR Newswire. All rights reserved.
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CONTACT: Deborah Ayers of Delphi Automotive Systems, 716-439-3245
/Company News On-Call:
prnewswire.com or fax,
800-758-5804, ext. 076666
WEB PAGE: delphiauto.com
GEOGRAPHY: New York
Michigan
Texas
Australia
INDUSTRY CODE: AUT
SUBJECT CODE: LIC |
