Powertrain Integration Signs Agreement With General Motors
October 05 2004 - 10:00AM
PR Newswire (US)
Powertrain Integration Signs Agreement With General Motors
CERRITOS, Calif., Oct. 5 /PRNewswire-FirstCall/ -- IMPCO
Technologies Inc., (NASDAQ:IMCO) and Tecstar Corporation, a
subsidiary of Starcraft Inc., (NASDAQ:STCR) of Madison Heights,
Michigan announced today that their joint venture company
Powertrain Integration has signed an OEM Supply Agreement with
General Motors Powertrain. This new agreement enables Powertrain
Integration to further the sales of General Motors engine and
transmission products outside of the company to low volume niche
vehicle on highway markets. The specialty vehicle market includes
niche market cargo delivery vehicles, motor homes, school buses and
military vehicles. In this new relationship Powertrain Integration
will be responsible for engineering, packaging, integration,
certification and global marketing of General Motors engine and
transmission products. Mr. Jeff Beitzel, President of Powertrain
Integration stated that the company is currently engaged in
discussions with several specialty vehicle OEMs that he expects
will result in formal development agreements in the near future.
IMPCO Technologies Inc., with 2004 annualized revenues exceeding
$100 million, is a world leader in supplying advanced solutions to
support the use of clean burning gaseous fuels for on and off
highway engines and vehicles. IMPCO's total systems approach
includes fuel metering, electronic, emission control products and
emission certified engines. Headquartered in Cerritos, California,
IMPCO has offices in Asia, Europe, Australia and South and North
America. More information can be found at IMPCO's web site,
http://www.impco.ws/ Starcraft Corporation is a leading supplier to
the OEM automotive supply market through its Tecstar and
Wheel-to-Wheel companies. The Company specializes in vehicle
systems design, integration and manufacturing of new body styles,
mid-cycle enhancements, specialty products and high-performance
engines and drive trains. The Company also supplies automotive
related after-market parts and accessories to wholesale and retail
customers throughout the United States. For further information
contact: Mr. Dale Rasmussen, IMPCO Senior Vice President, Investor
Relations E-mail: Phone: +1-206-315-8242 Fax: +1-206-315-8301 Mr.
Mike Schoeffler, Starcraft Co-Chief Executive Officer E-mail:
Phone: +1-574-534-7827 Ext. # 300 Fax: +1-574-534-1238 DATASOURCE:
IMPCO CONTACT: Dale Rasmussen, Senior Vice President, Investor
Relations of IMPCO, +1-206-315-8242, fax, +1-206-315-8301, ; or
Mike Schoeffler, Co-Chief Executive Officer of Starcraft,
+1-574-534-7827, Ext. 300, fax, +1-574-534-1238, Web site:
http://www.impco.ws/
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