AUBURN
HILLS, Mich., Nov. 25,
2024 /PRNewswire/ -- BorgWarner has been awarded as
America's Best Employers for Engineers 2025! This prestigious award
is presented in collaboration with Statista, the world-leading
statistics portal and industry ranking provider. The award list was
announced on November 20th, 2024, and
can be viewed on the Forbes.com.
"BorgWarner is honored to be recognized by Forbes as one of the
best employers for engineers as we strive to foster an innovative
and collaborative culture that encourages creative problem
solving," said Tania Wingfield,
Chief Human Resources Officer, BorgWarner. "At BorgWarner, we know
that our talented, diverse workforce is our greatest asset and the
foundation for future success. We are constantly striving to invest
in the growth and development of all employees with programs that
advance their leadership abilities, technical skills and
resilience."
America's Best Employers for Engineers are identified in an
independent survey from a vast sample of over 28,000 U.S. employees
from all industry sectors working for companies employing at least
1,000 people within the U.S. The final score is based on two types
of evaluations: personal (those given by employees themselves) and
public (those given by friends and family members of employees, or
members of the public who work in the same industry).
Based on the results of the study, BorgWarner is honored to
be recognized on the Forbes' list of America's Best Employers for
Engineers 2025. This recognition serves to reinforce that your
company values employee satisfaction, career growth opportunities,
competitive compensation, and a strong workplace culture for
engineering professionals.
With initiatives such as Power To Evolve and leadership
development training programs, BorgWarner continues to invest
in the future of its workforce, ensuring that employees feel valued
and empowered, and is an ideal place for innovative minds.
About Statista: Statista publishes hundreds of worldwide
industry rankings and company listings with high-profile media
partners. This research and analysis service is based on the
success of statista.com, the leading data and business intelligence
portal that provides statistics, relevant business data, and
various market and consumer studies and surveys.
About BorgWarner
For more than 130 years,
BorgWarner has been a transformative global product leader
bringing successful mobility innovation to market. With a focus on
sustainability, we're helping to build a cleaner, healthier, safer
future for all.
Forward Looking Statements: This release may contain
forward-looking statements as contemplated by the 1995 Private
Securities Litigation Reform Act that are based on management's
current outlook, expectations, estimates and projections. Words
such as "anticipates," "believes," "continues," "could,"
"designed," "effect," "estimates," "evaluates," "expects,"
"forecasts," "goal," "guidance," "initiative," "intends," "may,"
"outlook," "plans," "potential," "predicts," "project," "pursue,"
"seek," "should ," "target," "when," "will," "would," and
variations of such words and similar expressions are intended to
identify such forward-looking statements. Further, all statements,
other than statements of historical fact, contained or incorporated
by reference in this release that we expect or anticipate will or
may occur in the future regarding our financial position, business
strategy and measures to implement that strategy, including changes
to operations, competitive strengths, goals, expansion and growth
of our business and operations, plans, references to future success
and other such matters, are forward-looking statements. Accounting
estimates, such as those described under the heading "Critical
Accounting Policies and Estimates" in Item 7 of our most recently
filed Annual Report on Form 10-K ("Form 10-K"), are inherently
forward-looking. All forward-looking statements are based on
assumptions and analyses made by us in light of our experience and
our perception of historical trends, current conditions and
expected future developments, as well as other factors we believe
are appropriate under the circumstances. Forward-looking statements
are not guarantees of performance, and the Company's actual results
may differ materially from those expressed, projected or implied in
or by the forward-looking statements.
You should not place undue reliance on these forward-looking
statements, which speak only as of the date of this release.
Forward-looking statements are subject to risks and uncertainties,
many of which are difficult to predict and generally beyond our
control, that could cause actual results to differ materially from
those expressed, projected or implied in or by the forward-looking
statements. These risks and uncertainties, among others, include:
supply disruptions impacting us or our customers, commodity
availability and pricing, and an inability to achieve expected
levels of recoverability in commercial negotiations with customers
concerning these costs; competitive challenges from existing and
new competitors, including original equipment manufacturer ("OEM")
customers; the challenges associated with rapidly changing
technologies, particularly as they relate to electric vehicles, and
our ability to innovate in response; the difficulty in forecasting
demand for electric vehicles and our electric vehicles revenue
growth; potential disruptions in the global economy caused by wars
or other geopolitical conflicts; the ability to identify targets
and consummate acquisitions on acceptable terms; failure to realize
the expected benefits of acquisitions on a timely basis; the
possibility that our 2023 tax-free spin-off of our former Fuel
Systems and Aftermarket segments into a separate publicly traded
company will not achieve its intended benefits; the failure to
promptly and effectively integrate acquired businesses; the
potential for unknown or inestimable liabilities relating to the
acquired businesses; our dependence on automotive and truck
production, which is highly cyclical and subject to disruptions;
our reliance on major OEM customers; impacts of any future strikes
involving any of our OEM customers and any actions such OEM
customers take in response; fluctuations in interest rates and
foreign currency exchange rates; our dependence on information
systems; the uncertainty of the global economic environment; the
outcome of existing or any future legal proceedings, including
litigation with respect to various claims, or governmental
investigations, including related litigation; future changes in
laws and regulations, including, by way of example, taxes and
tariffs, in the countries in which we operate; impacts from any
potential future acquisition or disposition transactions; and the
other risks noted in reports that we file with the Securities and
Exchange Commission, including Item 1A, "Risk Factors" in our most
recently filed Form 10-K and/or Quarterly Report on Form 10-Q. We
do not undertake any obligation to update or announce publicly any
updates to or revisions to any of the forward-looking statements in
this release to reflect any change in our expectations or any
change in events, conditions, circumstances, or assumptions
underlying the statements.
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SOURCE BorgWarner