LAKE FOREST, Ill., Sept. 17, 2019 /PRNewswire/ -- Automakers
looking for innovative ways to enhance the comfort, handling and
ride performance of future vehicles can now select a cost-effective
add-on valve technology from DRiVTM, a Tenneco Inc.
(NYSE: TEN) business and leading global aftermarket and original
equipment (OE) ride performance supplier. DRiV Incorporated has
introduced a family of advanced, highly-tunable add-on valves for
OE manufacturers, that bring best-in-class comfort to passive
dampers used in a wide range of passenger vehicle applications. The
cost-effective new Monroe® RideRefine™ SDD (stroke
dependent damping) valve technology works in concert with a
damper's main valve to provide highly refined, luxury-level ride
characteristics in a full range of driving conditions.
Stroke dependent damping dramatically enhances comfort by
improving plushness and road isolation, enabling vehicle
manufacturers to tune vehicles for greater everyday comfort with
minimal impact on handling. A bypass on the main valve directs oil
into the Monroe RideRefine SDD valve, which provides separate,
tunable damping of small strokes for reduced vibration and
harshness. Following completion of the small piston stroke, the
damper's main valve resumes normal operation.
"Monroe RideRefine SDD valves bring new levels of comfort and
tunability to conventional dampers," said Neville Rudd, group vice president and general
manager ride control, DRiV. "Stroke dependent damping helps ensure
the damper effectively filters out minor road inputs encountered on
highways and other comparatively smooth surfaces. Additionally,
because the new valve is added below the piston, it is easy to
integrate into an existing damper design."
DRiV is a leading global OE and aftermarket supplier of
conventional, passive dampers as well Monroe®
Intelligent Suspension selective and semi-active suspensions.
About DRiV™ - the future Aftermarket and Ride Performance
Company
Following the expected separation of Tenneco to form two-
independent companies, an Aftermarket and Ride Performance company
(DRiV™) as well as a new Powertrain Technology company, DRiV will
be one of the largest global multi-line, multi-brand aftermarket
companies, and one of the largest global OE ride performance and
braking companies. DRiV's principal product brands will feature
Monroe®, Ӧhlins®, Walker®,
Clevite® Elastomers, MOOG®,
Fel-Pro®, Wagner®, Ferodo®,
Champion® and others. DRiV would have 2018 pro-forma
revenues of $6.4 billion, with 54% of
those revenues from aftermarket and 46% from original equipment
customers.
Safe Harbor
This release contains forward-looking statements. These
forward-looking statements include, among others, statements
relating to our plans to separate into two independent public
companies. Forward-looking statements are subject to a number
of risks and uncertainties that could cause actual results to
materially differ from those described in the forward-looking
statements, including the possibility that Tenneco may not complete
the spin-off of the Aftermarket & Ride Performance business
from the Powertrain Technology business (or achieve some or all of
the anticipated benefits of such a spin-off); the possibility that
the acquisition of Federal-Mogul or the separation may have an
adverse impact on existing arrangements with Tenneco, including
those related to transition, manufacturing and supply services and
tax matters; the ability to retain and hire key personnel and
maintain relationships with customers, suppliers or other business
partners; the risk that the benefits of the acquisition of
Federal-Mogul or the separation, including synergies, may not be
fully realized or may take longer to realize than expected; the
risk that the acquisition of Federal-Mogul or the separation may
not advance Tenneco's business strategy; the risk that Tenneco may
experience difficulty integrating all employees or operations; the
potential diversion of Tenneco management's attention resulting
from the separation; as well as the risk factors and cautionary
statements included in Tenneco's periodic and current reports
(Forms 10-K, 10-Q and 8-K) filed from time to time with the SEC.
Given these risks and uncertainties, investors should not place
undue reliance on forward-looking statements as a prediction of
actual results. Unless otherwise indicated, the forward-looking
statements in this release are made as of the date of this
communication, and, except as required by law, Tenneco does not
undertake any obligation, and disclaims any obligation, to publicly
disclose revisions or updates to any forward-looking statements.
Additional information regarding these risk factors and
uncertainties is detailed from time to time in the company's SEC
filings, including but not limited to its annual report on Form
10-K for the year ended December 31,
2018.
Media
contacts:
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|
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Bill
Dawson
|
Simonetta
Esposito
|
Media Relations
– North America
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Media Relations –
Europe
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847
482-5807
|
32 (0) 2 706
9232
|
bdawson@driv.com
|
sesposito@driv.com
|
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SOURCE DRiV