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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.