BorgWarner Acquires Oregon Companies, Forms Cascadia Motion to Explore Electric, Hybrid Propulsion Solutions

Excerpt: Auburn Hills’ BorgWarner, a global auto supplier, has acquired Oregon’s Rinehart Motion Systems and AM Racing and merged them into a new, wholly-owned company named Cascadia Motion. The new entity will explore electric and hybrid propulsion solutions for niche and emerging applications. Terms of the transactions were not released.

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