Woodward's Acquisition of MotoTron to Add Engine, Vehicle and Aftertreatment Controls Expertise
Monday, October 06, 2008 8:51 AM
Symbols: BC, WGOV

FORT COLLINS, CO -- (Marketwire) -- 10/06/08 -- Woodward Governor Company (NASDAQ: WGOV) today announced it has acquired all of the outstanding capital stock of MotoTron Corporation and the intellectual property assets owned by its parent company, Brunswick Corporation (NYSE: BC), that are used in connection with the MotoTron business.

MotoTron specializes in software tools and processes used to rapidly develop control systems for marine, power generation, industrial, and other engine equipment applications. Its expertise includes engine, transmission, vehicular, and exhaust aftertreatment control. MotoTron's calendar year 2008 sales are expected to be approximately $17 million.

MotoTron has been an important supplier and partner to Woodward since 2002. Since that time, MotoTron has helped Woodward gain a competitive edge in electronic control technologies for the alternative-fueled bus and mobile equipment markets. Woodward also believes that MotoTron's engineers and support staff have demonstrated a strong aptitude for total control system design and development, from concept to production, including software development, mechatronic design, control module development, and quality processes.

"This acquisition strengthens our ability to serve the transportation and power generation markets," said Tom Gendron, Woodward Chairman and CEO. "MotoTron's broad, multi-disciplinary expertise around integrated mechanical and electronic control systems will allow us to better fulfill our customers' needs for systems that meet tough requirements for exhaust emissions, performance and fuel efficiency."

MotoTron employs approximately 80 people worldwide, most of whom are located in Oshkosh, Wis.; Ann Arbor, Mich.; Columbus, Ind.; and Fort Collins, Colo. MotoTron is expected to be integrated into Woodward's Engine Systems business segment.

About Woodward

Woodward is an independent designer, manufacturer, and service provider of energy control and optimization solutions for engines, aircraft and industrial turbines, and electrical power system equipment. The company's innovative fluid energy, combustion control, electrical energy, and motion control systems help customers offer cleaner, more reliable and cost-effective equipment. Woodward is headquartered in Fort Collins, Colo., USA and serves global markets in aerospace, power and process industries, and transportation.


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