6.10.2004: Meldung: Impco Technologies Inc.: Agreement With GM
Tuesday October 5, 9:00 am ET
CERRITOS, Calif., Oct. 5 / Impco Technologies Inc., (Nasdaq: IMCO - News) and Tecstar Corporation, a subsidiary of Starcraft Inc., (Nasdaq: STCR - News) 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
Mr. Mike Schoeffler, Starcraft Co-Chief Executive Officer
Phone: +1-574-534-7827 Ext. # 300