Released on July 8, 2010

Grede Holdings LLC, Novi, Mich., announced it was awarded a multi-year contract to supply components to Navistar Inc., Warrenville, Ill., for its new turbodiesel medium-duty engine.

In a company statement, Grede indicated it would produce parts for the Navistar 2010 MaxxForce 7 V-8 engine from its Wauwatosa, Wis., and Iron Mountain, Mich., casting facilities, as well as its Menomonee Falls, Wis., machining operation. The engine will launch this summer in a number of commercial truck and school bus applications.

“It is critical that Navistar has engine components for its Maxx Force 7 that can achieve durability and reliability requirements while, at the same time, meet stringent fuel economy and clean air standards,” said Vito Parente, Grede’s vice president of sales for heavy truck and industrial customers. “Grede has a long-standing relationship with Navistar and is pleased to partner with them on this important new engine.”

The Grede statement said the contract is the largest per-truck content award the company has won. Grede also supplies Navistar with ferrous castings from its Biscoe, N.C., plant and lost foam castings from its Columbiana, Ala., facility.

A manufacturer of cast, machined and assembled components for the transportation and industrial markets, Grede was formed in 2010 through the combination of assets of the former Grede Foundries Inc. with Citation Corp. Grede operates 13 metalcasting facilities and two machining operations in the U.S. Navistar is a holding company whose subsidiaries and affiliates produce International brand commercial and military trucks, diesel engines, school and commercial buses, recreational vehicles, and chassis for motor homes and step vans.