Remy International Inc (REMY)

Remy International, Inc. designs, manufactures, remanufactures, markets, and distributes rotating electrical components for automobiles, light trucks, heavy-duty trucks, and other vehicles primarily in North America, Europe, Latin America, and Asia. Its principal products comprise starters and alternators used in gasoline; diesel, natural gas, and alternative fuel engines for light vehicle, commercial vehicle, industrial, construction, and agricultural applications; and hybrid electric motors that are used in light and commercial vehicles comprising construction, public transit, and agricultural applications. The company’s principal products also consists of remanufactured power assemblies for locomotive diesel engines; and remanufactured multi-line products, including steering gears, brake calipers, and constant velocity axles for light and commercial vehicle applications. It offers its products to original equipment manufacturers for factory installation on new vehicles; and aftermarket customers primarily consisting of retailers and warehouse distributors, as well as for the original equipment service market. The company sells and distributes its products through its direct sales force under the Delco Remy, Remy, World Wide Automotive, and USA Industries brand names, as well as customers' private label brand names. It was formerly known as New Remy Holdco Corp. and changed its name to Remy International, Inc. in December 2014. Remy International, Inc. was founded in 1896 and is headquartered in Pendleton, Indiana. As of November 10, 2015, Remy International, Inc. operates as a subsidiary of BorgWarner Inc.