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Tenneco, Inc.
Type Public
Founded 1940
Headquarters

, United States

Lake Forest, Illinois
Key people Gregg M. Sherrill, Chairman & CEO
Kenneth R. Trammell, CFO
David A. Wardell, Senior Vice President
Industry Auto parts
Products Ride control, emissions control, elastomers
Revenue (turnover) $6,184 Mil (2007 Sales)
Employees 21,000
Website http://www.tenneco.com/

Tenneco (formerly Tenneco Automotive and originally Tennessee Gas Transmission Company) is a $6.2 billion Fortune 500 company that has been publicly traded on the NYSE since November 5, 1999 under the symbol TEN. Tenneco, with headquarters in Lake Forest, Illinois, United States[1] is an original equipment manufacturer and an after-market ride-control and emissions products.

HistoryEdit

Tenneco, Inc. can be traced to the Chicago Corporation established about 1930.[2] Tennessee Gas and Transmission Company (completely separate) had been formed in 1940.[3]

Natural gasEdit

A shortage of fuel for World War II defense industries in the Appalachian area developed as industrial production was increased. The nuclear development operations of the Manhattan Project at Oak Ridge, Tennessee would consume huge quantities of Tennessee Valley Authority electrical power that would have otherwise been available to other industrial operations. The Chicago Corporation was able to acquire a Federal Power Commission (FPC) license to operate a natural gas pipeline. The Tennessee division of the Chicago Corporation acquired Tennessee Gas Transmission Company in 1943 to build a natural-gas pipeline 1,265 miles (2,036 km) from Texas to West Virginia. The first line was completed in October 1944. It was followed by three additional pipelines totaling 3,840 miles (6,180 km)[3] during the next 15 years which provide gas to New York, New Jersey, and New England. These pipelines are now owned by the El Paso Corporation.

DiversificationEdit

In the 1950s, the company acquired existing oil companies, including Sterling Oil, Del-Key Petroleum, and Bay Petroleum.[4]

In 1966, Tennessee Gas was incorporated as Tenneco, Inc.[2] Tenneco expanded into a number of business ventures as a result of diversification. Tenneco bought Houston Oil & Minerals Corporation in the late 1970's. Tenneco owned and operated a large number of gasoline service stations, but all were closed or replaced with other brands by the mid-1990s.[3]

In the 1970, Tenneco purchased 53% of J.I. Case when they purchased its owner Kern County Land Company, the agricultural equipment manufacturer based in Racine, Wisconsin, USA.[5] In 1972, Tenneco purchased UK-based David Brown Tractors and merged it with the J.I. Case business. In 1984, Case parent Tenneco bought selected assets of the International Harvester agriculture division and merged it with J.I. Case. All agriculture products are first labeled Case International and later Case IH. Tenneco purchased the articulated 4WD manufacturer Steiger in 1986, and merged it into Case IH. By 1994, Tenneco decided to begin getting out of the ag business and agreed to sell 35% of the now named Case Corporation.[6] In 1996, the spin-off of Case Corporation was completed. The company was acquired by Fiat in 1999 and merged with New Holland to form CNH Global.[7]


ConsolidationEdit

Tenneco Inc. emerged from a conglomerate consisting of six unrelated businesses: shipbuilding, packaging, farm and construction equipment, gas transmission, automotive, and chemicals.[8] The automotive division was spun off from Tenneco, Inc. in 1991 along with the packaging, energy, natural gas, and shipbuilding divisions.[3] All businesses except automotive and packaging were disposed of between 1994 and 1996 (through public offerings, sales, spin-offs and mergers).[8] In 1999, Tenneco Packaging was spunoff and renamed to Packaging Corporation of America (Pactiv Corporation).[8]

On October 28, 2005 the name was changed from Tenneco Automotive to Tenneco in order to reflect the changes in markets that the company is hoping to expand into, such as heavy trucks and two-wheel (motorcycle) exhaust and suspension systems.[citation needed]

Tenneco (under the Tenneco Automotive name) sponsored CART's Detroit Grand Prix from 1999 until the race's cancellation after 2001.

OperationsEdit

Tenneco is a multi-national corporation with 80 manufacturing facilities in 24 countries located on 6 continents, with major centers of operations in North America, Europe, Australia and Asia. There were 19,000 employees in 2005. The North American manufacturing facilities are located in Illinois, Indiana, Michigan, Tennessee and Ohio; the corporate headquarters is located in Lake Forest, Illinois, European facilities in Belgium, Poland, Czech Republic, Germany, UK, France and Spain, with headquarters located in Belgium, Asian facilities include in India, China, Singapore and Japan, Australian Facilities are in Sydney, Morea(NZ) and Clovelly park and African Facility includes South Africa's Port Elizabeth.

Tenneco owns the following brands:

These are sold to over 500 after-market customers including retailers and wholesalers and to more than 25 OEMs, including Audi, Chrysler, Daimler, Enfield, Fiat, Ford Motor Company, General Motors, Honda, Navistar International, Jaguar Cars, Mahindra & Mahindra, Maruti Suzuki, Mazda, Mitsubishi, Nissan, Porsche, PSA Peugeot Citroën, Renault, Škoda, Suzuki, Tata, Toyota, TVS, Volkswagen Group, Volvo, E-Z-GO, and CLUB CAR.

LocationsEdit

United StatesEdit

  • Seward, Nebraska - Manufacturing facility that makes full exhaust systems and related components for CAT, Chrysler, General Motors, John Deere and Harley-Davidson. Seward is one of the plants that has its own tubemill which takes steel on coils, gradually rolls it into a pipe and then welds the seam shut. This newly formed pipe is then cut to length and used on the various lines within the plant. Some of the cut pipe is also shipped as-is to other Tenneco plants.
  • Virginia Beach, Virginia - A JIT (just in time) manufacturing facility that makes exhaust systems for the Ford F-150 plant in Norfolk, Virginia
  • Cozad, Nebraska - Products: shock absorbers; plant is scheduled to close at the end of the 2011[which?]
  • Hartwell, Georgia - Products: shock absorbers
  • Paragould, Arkansas- Products: Shock absorbers, struts
Indiana
  • Elkhart - Manufacturing plant that primarily makes exhaust components for other Tenneco facilities using stamping, hydroforming, and CNC bending processes. In addition, Elkhart fabricates some frame components for Harley-Davidson on CNC benders. The Elkhart plant is the only manufacturing plant that is owned (rather than leased) by Tenneco.
  • Ligonier - Manufacturing facility that makes full exhaust systems and related components for Ford Motor Company, Chrysler, and Honda. Ligonier is one of the plants that has its own tubemill which takes steel on coils, gradually rolls it into a pipe and then welds the seam shut. This newly formed pipe is then cut to length and used on the various lines within the plant. Some of the cut pipe is also shipped as-is to other Tenneco plants.
  • Angola - Products: Heavy duty products, spring eye bushings, fluid bushings, torque rod assemblies, links, & V-rods.
Michigan
  • Marshall - Manufacturing facility that makes full exhaust systems and related components for Ford Motor Company, Chrysler, and General Motors. Marshall is one of the plants that has its own tubemill which takes steel on coils, gradually rolls it into a pipe and then welds the seam shut. This newly formed pipe is then cut to length and used on the various lines within the plant. Some of the cut pipe is also shipped as-is to other Tenneco plants. The Marshall facility is also equipped with multiple high-speed automatic muffler assembly lines.
  • Monroe - Houses the North American business unit which consists of almost 500 employees involved in multiple disciplines such as design, product engineering, sales, and marketing.[23]
Ohio
  • Kettering - Products: Shock absorbers, Struts, and modular suspension assemblies
  • Milan - Products: suspension bushings, cab mounts, steering system bushings, exhaust isolators, rubber compound
  • Napoleon - Products: anti-vibration bushings and suspension links

InternationalEdit

  • Rosario, Argentina - Monroe Fric Rot - Shock absorbers
  • Sint-Truiden, Belgium - EU headquarters Ride Control division; METC, the EU design and development center; largest ride control plant in Europe; products: shock absorbers, powdered metal components, press parts
  • Cotia, São Paulo, Brazil (Axios) - Products: engine mounts, shock absorber bushings, and dampers
  • Moji-Mirim, São Paulo, Brazil (Monroe, Walker) - Products: exhaust automotive systems and shock absorbers
  • Owen Sound, Ontario, Canada - Shocks and shock absorbers under the label Monroe; recently laid off 200+ employees, due to tough economic times
  • Suzhou, China - Products: elastomer products
  • Hodkovice, Czech Republic - Shock absorber and emission control plant in Hodkovice and Mohelca
  • Edenkoben, Germany - Products: exhaust systems
  • Reynosa, Tamaulipas, Mexico - Products: bushing silentbloc, bonded products, Clevebloc products, STA Bars, control arm links, engine mounts
Spain
  • Ermua - Products: shock absorbers, elastomers, and complete exhaust systems
  • Gijón - Products: shock absorbers
  • Valencia
India
  • Pune - Products: muffler (silencers), catalytic converter, complete exhaust systems
  • Hosur - Products: struts, shock absorbers, front fork
Australia
  • Edinburgh Park, Adelaide - Products: exhaust systems
  • Monroe, Clovelly Park, Adelaide - Products: shock absorbers, struts
  • Walker, O'Sullivan Beach, Adelaide - Products: emission control
  • Monroe Springs, Sydney - Products: coil and leaf springs
Poland
  • Rybnik - Emission control engineering and manufacturing
  • Gliwice - Shock absorber (struts) plant with Engineering Centre (EEEC) in Gliwice, near Katowice [1]

ReferencesEdit

  1. "Facilities directory." Tenneco. Retrieved on May 14, 2010.
  2. 2.0 2.1 TENNECO BUILDING, Diana J. Kleiner, Handbook of Texas Online (retrieved 11 August 2010)
  3. 3.0 3.1 3.2 3.3 Tenneco Inc. -- Company History, Funding Universe (retrieved 12 September 2010)
  4. Tenneco Inc., International Directory of Company Histories, 1988, Encyclopedia.com (retrieved 11 September 2010)
  5. http://www.fundinguniverse.com/company-histories/Tenneco-Inc-Company-History.html
  6. http://www.nytimes.com/1994/04/27/business/company-reports-tenneco-to-offer-35-of-ji-case.html
  7. http://www.fundinguniverse.com/company-histories/CNH-Global-NV-company-History.html
  8. 8.0 8.1 8.2 Tenneco History, Tenneco.com (retrieved 12 September 2010)
  9. "Monroe Shocks and Struts - The industry Leader in Manufacturing OE & Aftermarket Ride Control Products for Import and Domestic Vehicles" (2005). Retrieved on 2008-02-06.
  10. "Walker Exhaust Solutions From the Industry Leader" (2006). Retrieved on 2008-02-06.
  11. "Brands - Rancho" (2005). Retrieved on 2011-03-12.
  12. "Brands - DynoMax" (2005). Retrieved on 2011-03-11.
  13. "Brands - Clevite Elastomers" (2005). Retrieved on 2011-03-12.
  14. "Gillet GmbH" (2008). Retrieved on 2008-02-06.
  15. "Brands - Fonos" (2005). Retrieved on 2011-03-12.
  16. "Brands - Fric-Rot" (2005). Retrieved on 2011-03-12.
  17. "Kinetic Suspension Technology". Retrieved on 2011-03-12.
  18. "Thrush" (2007). Retrieved on 2008-02-06.
  19. "Brands - DNX" (2005). Retrieved on 2008-02-06.
  20. "Brands - Marzocchi" (2008). Retrieved on 2008-02-06.
  21. "Brands - Axios" (2011). Retrieved on 2011-03-12.
  22. "Brands - Lukey" (2011). Retrieved on 2011-03-12.
  23. Ad in 2007 Monroe County Community Profile


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