Federal-Mogul forms strategic partnership with Jasper Engines & Transmissions

SOUTHFIELD, Mich. (Dec. 5)—Federal-Mogul Corp. said it has formed a strategic partnership with Jasper Engine & Transmissions, the leading U.S. engine remanufacturer, according to Federal-Mogul. Under the agreement, Federal-Mogul´s Sealed Power piston and piston ring assemblies, engine bearings and Fel-Pro gaskets will be used in engines remanufactured by Jasper. The pact also includes a marketing aspect under which Jasper can promote its use of Sealed Power and Fel-Pro products to existing and potential customers. Federal-Mogul did not disclose the expected value of the agreement on an annual basis, but said Jasper remanufactures more than 65,000 gasoline and 5,000 diesel engines annually.