MUMBAI, India (Nov. 26, 2008)—Federal-Mogul Corp. said a dispute with an Indian company concerning non-asbestos gaskets has ended, and the company will continue with its efforts in that nation.
The firm said it will continue to support Talbros Automotive Components Ltd. in developing and making non-asbestos gaskets, part of an agreement that won't expire until 2013. Talbros had complained that Federal-Mogul planned to build its own seals and gaskets factory in India, but said it has no objections to the American company's actions.