- BorgWarner named a finalist in Ragan's PR Daily
Awards
- Winners will be recognized on November 2 in New York
City
AUBURN
HILLS, Mich., Oct. 31,
2022 /PRNewswire/ -- BorgWarner has been named as a
finalist in Ragan's PR Daily Awards in the re-branding and
re-positioning category.
Ragan's PR Daily Awards showcases the top communications
campaigns, events, initiatives, publications and more that were
instrumental in the success of organizations and clients.
BorgWarner was chosen from a wide pool of entries to receive
recognition for its work.
"BorgWarner is honored to be named a finalist in Ragan's PR
Daily Awards. This represents the countless hours of innovation and
transformation the global team poured into this campaign; realizing
our Charging Forward journey in a visual and verbal way," said
Michelle Collins, Global Director,
Marketing and Public Relations BorgWarner.
In March of 2021, BorgWarner publicly announced Charging
Forward, the company's accelerated strategy toward electrification,
with the goal of taking the 130-year-old, global automotive
supplier from being recognized as a traditional combustion supplier
to an industry leading supplier of electrification solutions to
original equipment manufacturers (OEM) customers. The yearlong
project consisted of numerous measures to re-position the
BorgWarner brand including tactics to update messaging and the
brand toolkit, reaccessing and updating the company's social media
strategy and applying new messaging and visuals to all external
digital channels.
Ragan will recognize all finalists and announce the program's
winners at a special awards dinner on November 2 from 6-9 p.m.
EST at The Edison Ball Room in New
York City. This will be a night of celebration, recognizing
the best in PR from the past year. The program will also feature
Matt Prince, Head of Marketing
Communications and PR for Taco Bell, as its guest presenter.
About BorgWarner
For more than 130 years, BorgWarner has been a transformative
global product leader bringing successful mobility innovation to
market. Today, we're accelerating the world's transition to
eMobility — to help build a cleaner, healthier, safer future for
all.
About Ragan
Communications
Ragan Communications has been delivering trusted news, training
and intelligence for more than 50 years to internal and external
communicators and business executives via its conferences,
webinars, training, awards, subscriptions and its membership
divisions. Its daily news sites – PRDaily.com and Ragan.com – are
read by more than 600,000 internal and external communicators
monthly.
Forward-Looking Statements: This press 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 press 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 Annual Report on Form 10-K for the year
ended December 31, 2020 ("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 press 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:
the difficulty in forecasting demand for electric vehicles and our
EV revenue growth to 2030; the ability to identify targets and
consummate acquisitions on acceptable terms; failure to realize the
expected benefits of acquisitions; the ability to identify
appropriate combustion portfolio businesses for disposition and
consummate planned dispositions on acceptable terms; competitive
challenges from existing and new competitors including OEM
customers; the challenges associated with rapidly-changing
technologies, particularly as relates to electric vehicles, and our
ability to innovate in response; uncertainties regarding the extent
and duration of impacts of matters associated with the
COVID-19/coronavirus pandemic, including additional production
disruptions; the failure to realize the expected benefits of the
acquisition of Delphi Technologies PLC that the Company completed
on October 1, 2020; the failure to
realize the expected benefits of the acquisition of AKASOL AG that
the Company completed on June 4, 2021
or a delay in the ability to realize those benefits; the failure to
successfully execute on a timely basis our taking private strategy
with respect to AKASOL; the failure to promptly and effectively
integrate acquired businesses; the potential for unknown or
inestimable liabilities relating to acquired businesses; our
dependence on automotive and truck production, both of which are
highly cyclical and subject to disruptions; our reliance on major
OEM customers; commodities availability and pricing; supply
disruptions impacting the Company or the Company's customers, such
as the current shortage of semi-conductors that has impacted OEM
customers and the Company; fluctuations in interest rates and
foreign currency exchange rates; availability of credit; our
dependence on key management; 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; future changes in laws
and regulations, including, by way of example, tariffs, in the
countries in which we operate; impacts from any potential future
acquisition or divestiture transactions; and the other
risks, including, by way of example, pandemics and
quarantines, noted in reports that we file with the Securities
and Exchange Commission, including Item 1A, "Risk Factors" in our
most recently-filed Annual Report on 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 press 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