MARZOCCHI ANNOUNCES FORK PRODUCTION AGREEMENT WITH TAIWAN HODAKA INDUSTRIAL CO.
Hodaka to produce 2013 model year mountain bike forks, beginning in October Marzocchi takes steps to further improve customer service.
Bologna, Italy, July 12, 2012 – Tenneco Inc. (NYSE: TEN) today announced that Taiwanese mountain bike and component manufacturer Hodaka will manufacture Marzocchi mountain bike forks, beginning in October of this year. Hodaka currently manufactures rear shocks for Marzocchi.
“I am delighted with this agreement that further strengthens our successful business relationship with Hodaka,” said Pablo Perez Perseo, general manager, Marzocchi. “The decision to continue fork assembly in Taiwan enables us to increase our presence in this key manufacturing region and maintain proximity with critical component suppliers. This decision is part of our ongoing strategies to improve manufacturing efficiency, flexibility and quality with the goal of growing the mountain bike business and continuing Marzocchi’s position as a leading provider of high performance forks and shocks.”
Marzocchi will share its Tenneco world-class business processes in supply chain management, industrialization and distribution with Hodaka to help flex production according to market requirements.and shorten time to market as part of its commitment to product quality, availability and reliability.
The company also announced the appointment of Anthony Trujillo as sales and product manager for the U.S., Canada and South America as part of a reorganization of its commercial operations in these critically important markets. Trujillo joins Marzocchi from X-Fusion where he was engineering and product manager. He brings more than 14 years experience in the mountain bike industry, nine years of which were spent as a suspension engineer at Fox Racing Shox.
“The addition of Trujillo to our global team aligns with our philosophy of designing, developing and testing the most innovative, state-of-the-art, reliable and high-performance forks available on the mountain bike market,” Perseo Perez added. “Marzocchi has some very exciting products for MY2013 that respond to evolving customer needs and market trends.”
About Marzocchi: Marzocchi was founded in 1949 in Bologna, Italy and designs and manufactures motor bike and mountain bike suspensions. The company was acquired by Tenneco in 2008.
About Tenneco: Tenneco is a $7.2 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 24,000 employees worldwide. Tenneco is one of the world’s largest designers, manufacturers and marketers of emission control and ride control products and systems for the automotive and commercial vehicle original equipment markets and the aftermarket. Tenneco markets its products principally under the Monroe®, Walker® and Clevite® Elastomer brand names.
Hodaka to produce 2013 model year mountain bike forks, beginning in October Marzocchi takes steps to further improve customer service.
Bologna, Italy, July 12, 2012 – Tenneco Inc. (NYSE: TEN) today announced that Taiwanese mountain bike and component manufacturer Hodaka will manufacture Marzocchi mountain bike forks, beginning in October of this year. Hodaka currently manufactures rear shocks for Marzocchi.
“I am delighted with this agreement that further strengthens our successful business relationship with Hodaka,” said Pablo Perez Perseo, general manager, Marzocchi. “The decision to continue fork assembly in Taiwan enables us to increase our presence in this key manufacturing region and maintain proximity with critical component suppliers. This decision is part of our ongoing strategies to improve manufacturing efficiency, flexibility and quality with the goal of growing the mountain bike business and continuing Marzocchi’s position as a leading provider of high performance forks and shocks.”
Marzocchi will share its Tenneco world-class business processes in supply chain management, industrialization and distribution with Hodaka to help flex production according to market requirements.and shorten time to market as part of its commitment to product quality, availability and reliability.
The company also announced the appointment of Anthony Trujillo as sales and product manager for the U.S., Canada and South America as part of a reorganization of its commercial operations in these critically important markets. Trujillo joins Marzocchi from X-Fusion where he was engineering and product manager. He brings more than 14 years experience in the mountain bike industry, nine years of which were spent as a suspension engineer at Fox Racing Shox.
“The addition of Trujillo to our global team aligns with our philosophy of designing, developing and testing the most innovative, state-of-the-art, reliable and high-performance forks available on the mountain bike market,” Perseo Perez added. “Marzocchi has some very exciting products for MY2013 that respond to evolving customer needs and market trends.”
About Marzocchi: Marzocchi was founded in 1949 in Bologna, Italy and designs and manufactures motor bike and mountain bike suspensions. The company was acquired by Tenneco in 2008.
About Tenneco: Tenneco is a $7.2 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 24,000 employees worldwide. Tenneco is one of the world’s largest designers, manufacturers and marketers of emission control and ride control products and systems for the automotive and commercial vehicle original equipment markets and the aftermarket. Tenneco markets its products principally under the Monroe®, Walker® and Clevite® Elastomer brand names.
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