- Rinehart Motion Systems and AM Racing have been acquired by BorgWarner and merged into a new, wholly-owned company, Cascadia Motion LLC
- New company to focus on electric and hybrid propulsion solutions for niche and emerging applications
Auburn Hills, Michigan, February 19, 2019 – Recognizing that the demand for electric and hybrid propulsion systems is growing rapidly and goes beyond mainstream passenger and commercial vehicles, BorgWarner has acquired two Oregon-based businesses. BorgWarner formed Cascadia Motion LLC to acquire assets and merge the operations of the companies – Rinehart Motion Systems LLC and AM Racing Inc. Cascadia Motion will retain an entrepreneurial culture and explore the wide variety of electric and hybrid propulsion solutions for niche and emerging applications.
“Rinehart Motion Systems and AM Racing are two established companies in the specialty electric and hybrid propulsion sector,” said Hakan Yilmaz, Chief Technology Officer at BorgWarner. “Bringing them together as Cascadia Motion will allow us to offer design, development and production of full electric and hybrid propulsion systems for niche and low-volume manufacturing applications.”
Cascadia Motion will leverage the proficiencies of both companies into a start-up atmosphere designed to incubate new technologies. Rinehart Motion Systems brings expertise in propulsion inverters and controls for electric and hybrid electric vehicles in professional motorsports, motorcycles, specialty road cars, bus, and heavy duty sectors. AM Racing designs and manufactures single- and dual-core electric motors and gearsets used in all these same market segments.
Cascadia Motion LLC will expand the company’s ability to support a wide variety of customers with small scale projects, specialty products, and low volume manufacturing needs. In addition, BorgWarner’s global production facilities can be utilized as Cascadia Motion customers grow to require high-volume production.
BorgWarner Inc. (NYSE: BWA) is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. With manufacturing and technical facilities in 68 locations in 19 countries, the company employs approximately 30,000 worldwide. For more information, please visit borgwarner.com.
About Cascadia Motion LLC
Cascadia Motion LLC was created to combine assets and operations of the former Rinehart Motion Systems and AM Racing into one company that is wholly owned by BorgWarner. Based in Oregon, Cascadia Motion specializes in design, development and production of hybrid and electric propulsion solutions for prototype and low-volume production applications.