COLUMBIA, S.C. – (January 25, 2010) – The South Carolina Department of Commerce, the Central SC Alliance and Richland County today joined Pure Power Technologies, a Navistar company, in celebrating the inauguration of the company’s research and development operation in the Columbia Technical Center. Company representatives and state and local leaders were on hand for the event.

In October, Navistar Inc. announced the finalization of an agreement to acquire certain assets and the membership interests of Continental Diesel Systems U.S. LLC, to manufacture key fuel injection components for its MaxxForce® diesel engines.

“One of Navistar’s strategic pillars is to achieve a competitive cost structure by controlling our own destiny. By designing and manufacturing our own fuel system technologies, Pure Power Technologies enables us to do exactly that,” said Eric Tech, president, Navistar Engine Group. “With Pure Power Technologies, we not only acquired a cutting-edge technology company, we also gained a skilled workforce with the know-how and enthusiasm to take us into the future. We look forward to being part of the South Carolina business community for a long time to come.”

Pure Power Technologies LLC will vertically integrate research and development, engineering and manufacturing capabilities to produce world-class diesel power systems and advanced emissions control systems for commercial and defense markets. Based in Columbia, S.C., Pure Power Technologies will operate a research and development center there as well as a manufacturing plant in nearby Blythewood, S.C.

The Columbia and Blythewood facilities are former Continental assets. Navistar’s acquisition of these facilities and development of Pure Power Technologies LLC preserved jobs that would have otherwise been lost due to the announced closure of the Continental facility.

“I could not be more excited to welcome a new partner to the South Carolina automotive industry. The Navistar facility, with its dedicated workforce, will produce innovative products for commercial and defense markets. Through Navistar’s investment, we establish yet another example of how the business environment in South Carolina is among the best in the country. The S.C. Department of Commerce, Navistar and all local leaders and partners should be congratulated for their continued commitment to growing this region and our state. I look forward to a long and prosperous relationship,” said U.S. Senator Lindsey Graham.

“I am pleased Navistar has chosen South Carolina and the Sixth Congressional District for this venture,” Congressman James E. Clyburn said. “The company is bringing good jobs today and creating new jobs for the future with its research and development facility. Innovation is the key to building South Carolina’s economy in the future, and Navistar is contributing to our state’s image as a leader in the automotive innovation industry.”

“Navistar is a true innovator in the design of truck engines, and the company’s newest venture will augment South Carolina’s ever-growing automotive sector. After Continental announced its decision to close its Richland operations, Commerce, the County, the Central SC Alliance and state and local leaders worked closely with Navistar to facilitate the acquisition and preserve jobs at the Continental facilities. Navistar’s decision to invest in South Carolina and establish Pure Power Technologies here is another strong sign that our business-friendly climate, skilled workforce and exceptional market access continue to attract new investors to our state. We are extraordinarily pleased to have Navistar in our business community, and as the market rebounds we believe that these operations will now be stronger and better positioned for future growth,” said Joe Taylor, Secretary of Commerce.

“Richland County is proud to be involved in the partnership with Navistar, the S.C. Department of Commerce, and the Central SC Alliance in the successful retention of jobs in Richland County. Navistar's committed investment sends a strong message that Richland County continues to be an excellent place to live, work and do business,” said Richland County Council Chairman Paul Livingston.

Central SC Alliance Chairman Jim Apple stated, “We are just absolutely thrilled about today’s announcement by Pure Power Technologies. We greatly appreciate their confidence in our workforce. It’s very exciting to have a world-class company in Navistar to establish R&D functions, engineering and manufacturing all in Richland County. The Central South Carolina region offers a host of amenities that support such operations including our location to the truck market, access to the Port of Charleston and our efficient transportation network. Also, Midlands Technical College and the University of South Carolina have been very important partners in attracting this project. Further, I want to commend S.C. Secretary of Commerce Joe Taylor and his team along with all the members of Richland County Council for their commitment in helping create prosperity for the citizens of South Carolina.”

The company’s new venture at the Columbia Technical Center will ensure the continued delivery of innovative MaxxForce® brand engines to the North American on-highway marketplace, including MaxxForce Advanced EGR emissions technology for 2010 and beyond, and will support Navistar Global Truck Group and Navistar Global Bus division in non-NAFTA growth areas.
 

About Navistar
Navistar International Corporation (NYSE: NAV) is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, MaxxForce® brand diesel engines, IC Bus™ brand school and commercial buses, Monaco RV brands of recreational vehicles, and Workhorse® brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com/newsroom.

About S.C. Department of Commerce
The S.C. Department of Commerce works closely with economic development professionals throughout the state to recruit new jobs and investments and help existing businesses grow. Commerce has been recognized for its success in the areas of job creation and economic impact by Area Development and Business Facilities magazines. The S.C. Department of Commerce was one of 10 state economic development organizations to receive Area Development’s Silver Shovel Award in 2009 and Commerce received the 2009 Deal of the Year award from Business Facilities magazine. Commerce received the top prize for Boeing’s selection of North Charleston for the company’s second final assembly plant for the 787 Dreamliner program. In addition to job and investment recruitment, the agency provides a range of business support services, offers grants for community development and infrastructure improvements, and provides tools to enhance workforce skills. For more information, visit www.SCcommerce.com.

For Immediate Release Contact:
Kara Borie, SCDOC, 803.737.1998
Lisa Hartenberger, Navistar, 630-235-7088
Marsha Burton, Navistar, 630.753.3485