Bloomfield, CT - Jacobs Vehicle Systems, the world's leading manufacturer of heavy-duty diesel engine retarding systems and valve actuation mechanisms, announces it has signed its first Development Agreement with one of India's largest commericial vehicle manufacturers.
As Jacobs continues to focus on expanding its global footprint, the signing of this development agreement represents Jacobs' strategic initiative to expand its technology into emerging markets.
This activity supports the pending regulations for auxiliary retarding requirements on commercial vehicles.
"As our first-development customer in India, this expansion is part of Jacobs' growth strategy into emerging markets and will require strong collaboration between both companies to ensure a successful product launch," said Bob Perkins, Vice President Marketing & Business Development.
About Jacobs Vehicle Systems
Jacobs Vehicle Systems is headquartered in Bloomfield, Conn., where it has a 260,000 square foot design, testing and manufacturing facility, with support sites in Europe, Japan and China. Jake Brake® products are used by North American heavy-duty diesel engine manufacturers as well as Hino, Hyundai and Mitsubishi in Asia and DAF in Europe. Registered to the ISO 14001 and TS16949 standards, Jacobs Vehicle Systems is the world’s leading producer of vehicle retarding and valve actuation technologies and can be found on the Internet at http://www.jakebrake.com/news/.