Tuesday, Navistar Inc. (NAV) acquired certain assets including intellectual property rights from Holley Performance Products, Inc. to some of Holley's valve technology for diesel engine exhaust-gas recirculation systems. Pure Power Technologies LLC, a Navistar company, will manufacture the advanced EGR valve at its Blythewood, S.C., plant. Terms of the deal were not disclosed.
The advanced valve technology enables increased EGR system air flow, which helps reduce engine combustion temperatures. Low combustion temperatures are one of the keys to Navistar's Advanced MaxxForce EGR system for meeting EPA 2010 clean-air standards without burdening commercial truck operators with liquid urea based selective catalytic reduction after-treatment.
Navistar International Corp., through its subsidiaries, manufactures and markets commercial trucks, buses, diesel engines, military vehicles, and chassis for motor homes and step-vans, as well as provides service parts for various trucks and trailers.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.