Haldex continues to invest in friction business

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Haldex Commercial Vehicle Systems announced Tuesday, Feb. 24, that effective immediately, the Haldex friction center business will report to Joe Panella, senior vice president of global sales.

“Friction is a key component in our business portfolio,” Panella says. “Over the past two years, we have added the latest technology and progressive manufacturing upgrades to our network of new-generation friction centers. These renovations have resulted in increased relined capacity, streamlined processes and quality process standardization.”

Haldex, based in Kansas City, Mo., says it has invested more than one million dollars in updating four friction center locations — including Grand Rapids, Mich.; Ontario, Calif.; Vancouver, Wash.; and Nashville, Tenn. — and that the remaining four locations are slated for upgrades within the next two years. “We will continue to invest in our friction centers and focus on providing a quality product and exceptional customer service,” Panella says.

As a result of the divestiture of the Prattville operations and the restructuring of the friction products business unit, Pete Joy, senior vice president of the friction products business unit, has left Haldex to pursue other business interests. During his career with the company, Joy had many contributions to the development and success of its sales and marketing, remanufacturing and distribution; most recently, he led the restructuring of the friction products business unit.