Haldex Commercial Vehicle Systems announces that effective immediately, the Haldex Friction Center business will report to Joe Panella, senior vice president-global sales.
Haldex has invested more than $1 million in updating four Friction Center locations including: Grand Rapids MI, Ontario CA, Vancouver WA, and Nashville TN. The remaining four locations are slated for upgrades within the next two years.
As a result of the divestiture of the Prattville Operations and the restructuring of the Friction Products Business Unit, Pete Joy, senior vice president, Friction Products Business Unit, has left Haldex to pursue other business interests. Most recently, he led the successful restructuring of the Friction Products Business Unit.