WABCO Holdings Inc. (NYSE: WBC), a global technology leader and tier-one supplier to the commercial vehicle industry, today announced its first major expansion initiative since taking control of WABCO-TVS in India. WABCO plans to leverage engineering capabilities, technologies and products from India into South America, enabling opportunities for WABCO to boost sales in South America, which is less affected by the global downturn and rebounding faster due to investments in infrastructure.
As reported on June 3, 2009, WABCO increased its ownership position to 75 percent in its award-winning joint venture, WABCO-TVS (India) Ltd., the regional leader in its market.
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As reported on June 3, 2009, WABCO increased its ownership position to 75 percent in its award-winning joint venture, WABCO-TVS (India) Ltd., the regional leader in its market.
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