New Process Gear
Overview
Once a subsidiary of Daimler AG, New Process Gear (NPG) has a new name and a new owner. Formerly New Venture Gear, the company makes four-wheel-drive transfer cases, transmissions, transaxles, and other driveline products for the automotive industry. New Process Gear's former owner, DaimlerChrysler, and Canadian auto parts giant Magna International formed the joint venture in 2004. Daimler owned 20% of New Process Gear until 2007, when Magna bought out its stake to take full control. NPG won the contract to supply a new line of transfer cases for General Motors' next generation of pickup trucks and SUVs.
Sample OverviewKey Numbers from Hoover's UK
Key financials for New Process Gear
| Company Type | Business Segment of Magna International |
|---|---|
| Fiscal Year-End | December |
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Key People from Hoover's UK
Key people and executives for New Process Gear
| President and CEO | Carlos Lobo (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| CFO and CIO | David G. Strachan Connect to this executive |
| Sales Director | Dennis Rybicki Connect to this executive |
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Top Competitors from Hoover's UK
Top competitors of New Process Gear
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Industry Information from Hoover's UK
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