GT Development and Norgren’s Global Truck Group have combined forces in a new business unit called Global Vehicle Technologies as an international developer of products for a broad range of heavy-duty truck cab/chassis and powertrain applications.
GVT, the new operating division of Chicago-based Norgren, offers fluid and motion control products to commercial vehicle OEMs and Tier 1 and Tier 2 suppliers. GVT says it provides problem-solving engineering expertise and components in powertrain, chassis/cab, braking systems, fuel systems and suspension/driveline operations.
“Our new name, product mix and added engineering capability reflect our commitment to worldwide markets and our continuing emphasis on the needs of commercial vehicle manufacturers and their Tier 1 and Tier 2 suppliers,” says Mike Bozich, GVT president. “By expanding the components of GT Development and Norgren’s Global Truck Group, we can engineer and source many of the unique and critical parts that go into commercial trucks.”
Seattle-based GT Development was acquired in 2005 by England-headquartered engineering company IMI and integrated into Norgren, its largest business unit. GVT is projected to generate a significant share of Norgren’s revenue in 2006, estimated at $1 billion by Credit Suisse. GVT employs about 800 people worldwide, including 200 in the Seattle headquarters. Norgren accounted for more than $900 million of IMI’s sales of $2.5 billion in 2005, according to IMI.
On the chassis/cab side, GVT’s product lineup covers custom-engineered onboard fittings, manifolds, cab controls and air management systems; many of its components are designed to reduce air leaks and assembly time. GVT’s powertrain systems are designed to enable truck manufacturers to meet emissions regulations and protect the environment while maintaining peak engine performance; components include valves, cartridges and actuators.
GVT’s approach is to build close, practical partnerships with its customers to meet technically challenging applications. The company says this “engineering advantage” often results in innovative designs and products that are tailored to its customers’ needs. “We focus on getting to know our customers’ businesses and creating value-added products that save time and money and satisfy regulatory challenges,” says John Adami, GVT’s vice president of chassis and cab sales for North America. “Our products help lead the way to lower vehicle emissions, improved fuel consumption and better overall truck performance, reliability and uptime.”