WINDSOR, Conn., Jan. 7, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Two months after the presidents of China and the United States pledged to reduce carbon dioxide emissions, Stanadyne LLC, a fuel systems developer based in Windsor, Connecticut, and Guangxi Yuchai Machinery Co., Ltd, an engine manufacturer based in China, have partnered to develop a series of fuel-efficient engine products. Specifically, Stanadyne signed a five-year agreement to become the strategic rotary pump supplier for Yuchai's off-highway products.
Stanadyne is a global leader in the design and manufacture of diesel and gasoline fuel systems. The company specializes in next-generation pumps and injectors designed to meet rigorous global emissions standards, and aims to bring its technology to engine manufacturers in emerging markets. Yuchai is one of the largest leading diesel engine manufacturers in China. In partnering with Stanadyne, the company aims to strengthen its position in Chinese markets and set the stage for global expansion.
Representing Stanadyne at the signing ceremony were Robert Isaman, Executive Chairman of the Board; David Galuska, CEO; Dr. John Pinson, President and CTO; and Mike Zhu, Managing Director of Stanadyne Changshu Corporation.
Representing Yuchai were Ningbin Chen, Vice GM; Zhiqiang Lin, Chief Engineer; Shiming Yang, Director of Quality Engineering; Guoqiang Hu, Director of General Machinery, Engine Research and Development; and Shouyu Lu, Performance Chief Engineer, Engine Research and Development.
"Yuchai and Stanadyne initially became global partners in 2007, and today's game-changing agreement is our largest collaboration to date," said Dr. Pinson. "As the primary rotary pump supplier for Yuchai generator products and strategic partner for off-highway engines, I'm confident our fuel efficient technologies will help Yuchai move upmarket in the rapidly expanding Chinese economy and lay the foundation for worldwide expansion."
"Stanadyne has more than a century of unmatched technical prowess, a standard for innovation that continually creates lighter, smaller, lower-cost fuel injection products," says Hu, Yuchai's Director of General Machinery, Engine Research and Development. "Specifically, Stanadyne's rotary pumps for our high-end tractor, combine and diesel-electric generators -- as well as the technical training our company will receive -- will help build our market presence within China and ultimately position Yuchai performance engines on the global landscape."
About Stanadyne LLC
Stanadyne is a global technology leader in engine-based fuel management solutions, specializing in the design, development and manufacture of diesel and gasoline fuel pumps and injectors for original engine manufacturers and aftermarket suppliers. Stanadyne produces innovative and highly-engineered solutions that allow its customers to differentiate their market offerings through superior quality and technology. Stanadyne designs its products and services with tomorrow's challenges in mind and has been "Fueling Innovation" for more than 130 years.
Headquartered in Windsor, CT, Stanadyne and its affiliates have worldwide manufacturing facilities in the United States, Asia and Europe.
Stanadyne, the Stanadyne logos, RSN, "Fueling Innovation" and Pencil Nozzle are trademarks or registered trademarks of Stanadyne.
For more information, visit http://www.stanadyne.com.
Forward-Looking Statements
This press release may contain forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans and objectives of management are forward-looking statements. We may not actually achieve the expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the expectations disclosed in the forward-looking statements we make. Such forward-looking statements may be impacted by, among other things, changes in the business, market trends, projected growth rates and general economic conditions related to the markets in which we operate, including agricultural and construction equipment, industrial machinery, trucks, marine equipment and automobiles; our ability to satisfy our debt obligations and obtain additional debt or equity capital when needed; changes in the performance or growth of our customers; changes in technology, manufacturing techniques or customer demands; loss or adverse changes in our relationships with our material customers; increased competition and pricing pressures in our existing and future markets; changes in the price and availability of raw materials, particularly steel and aluminum; risks associated with international operations; the loss of key members of management; risk that our intellectual property may be misappropriated; adverse or federal legislative or regulatory developments or litigation or other disputes; and loss of any of our key manufacturing facilities. Many of such factors are beyond our control. We do not intend, and undertake no duty, to release publicly any updates or revisions to any forward-looking statements contained herein
About Guangxi Yuchai Machinery Co., Ltd
Yuchai(Guangxi Yuchai Machinery Co., Ltd) is the core subsidiary of Guangxi Yuchai Machinery Group Co., Ltd., with over 9,000 employees and an annual engine output of 500,000 units. Yuchai went public on the New York Stock Exchange in 1994. Headquartered in Yulin city, Guangxi province, China, Yuchai has 8 subsidiaries and production bases in areas of Guanxi as well as Fujian, Jiangsu, Anhui, Shandong and etc.
Yuchai manufactures 10 categories and 27 series of mini, light, medium and heavy-duty diesel and gas engines, with a power of ranging from 37kW to 2,000kW. Yuchai is an engine manufacturer with the diverse varieties and a complete product spectrum. With characteristics such as high torque, high reliability, low fuel consumption, low emission and strong adaptability, Yuchai products have been widely used in fields such as trucks, buses, special vehicles, agricultural machineries, generating sets and ships.
For more information, visit http://www.yuchai.com.
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