One of the largest automotive parts producers in the world is Tenneco. Headquartered in Lake Forest, Illinois, the business was formerly known as the Tennessee Gas Transmission Company. Prior to the diversification of the business, it was focused in the distribution of natural gas in the United States.
In 1996, the company spun off its other segments, consisting of energy, natural gas, packaging and its ship building divisions. Today, it focuses in the designing and manufacturing of automotive parts that are sold to some of the world’s largest and well-known customers like General Motors, Suzuki, Chrysler, Daimier, Audi, Mazda, Jaguar, Honda, Toyota and Porsche, among others. They provide various parts and components including after-market ride-control and emissions products.
During the company’s 2011 fiscal year, they were able to generate more than $7.2 billion in revenue. In 1999, Tenneco made its initial public offering as an automotive parts manufacturer. It markets its common shares using the ticker symbol TEN on the New York Stock Exchange.
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