New Venture Gear, now a division of Magna Powertrain, is an automobile and Light Truck transmission company that was started in 1990 as the first ever joint venture between any of the Big Three US automakers.General Motors and Chrysler Corporation were the participants. Operation and management of Chrysler's New Process Gear Syracuse, New York plant and GM's underutilized Muncie, Indiana Hydramatic transmission plant were shifted to New Venture Gear Company.
Read more about New Venture Gear: Founding Partner Plant Histories, New Venture Gear Transmissions and Transfer Cases, New Process Gear Transfer Cases, See Also
Famous quotes containing the words venture and/or gear:
“I will venture to affirm, that the three seasons wherein our corn has miscarried did no more contribute to our present misery, than one spoonful of water thrown upon a rat already drowned would contribute to his death; and that the present plentiful harvest, although it should be followed by a dozen ensuing, would no more restore us, than it would the rat aforesaid to put him near the fire, which might indeed warm his fur-coat, but never bring him back to life.”
—Jonathan Swift (1667–1745)
“But Lord, remember me and mine
Wi’ mercies temporal and divine!
That I for grace and gear may shine,
Excelled by nane!
And a’ the glory shall be thine!
Amen! Amen!”
—Robert Burns (1759–1796)