Tenneco: Difference between revisions

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Tenneco Inc. emerged from a [[Conglomerate (company)|conglomerate]] consisting of six unrelated businesses: shipbuilding, packaging, farm and construction equipment, gas transmission, automotive, and chemicals.<ref name=tenneco>{{cite web|url=http://www.tenneco.com/careers/WorkingAtTenneco/TennecoHistory/|title=Tenneco History|archive-url=https://web.archive.org/web/20100926002331/http://www.tenneco.com/Careers/WorkingAtTenneco/TennecoHistory/ |archive-date=2010-09-26|website=Tenneco.com|access-date=12 September 2010}}</ref> The automotive division was spun off from Tenneco, Inc. in 1991 along with the packaging, energy, natural gas, and shipbuilding divisions.<ref name="FundingUniverse" /> All businesses except automotive and packaging were disposed of between 1994 and 1996 (through public offerings, sales, spin-offs and mergers).<ref name=tenneco/> In 1999, Tenneco Packaging was spun off and renamed to [[Packaging Corporation of America, PCA|Packaging Corporation of America]] and [[Pactiv Corporation]].<ref name=tenneco/>
 
Since the 1960s, Tenneco Automotive has sold [[muffler]]s (UK: silencers) in Europe, including through the Pit Stop chain in Germany. The group bought a German factory in VirnheimViernheim in 1969, Swedish Starla in 1974 and, French Bellanger and, English Harmo Industries in 1976 and Danish Lydex in 1978. More acquisitions followed.<ref>{{cite book|last=Burchardt|first=Jørgen|title=Lydpotter, arbejde og ledelse. Walker Danmark.|year=2008|publisher=Kulturbøger|location=Ringe|isbn=978-87-88327-17-5|pages=160|url=https://books.google.com/books?id=uMamOAAWVpMC&pg=PP1|access-date=2022-05-09}}</ref>
 
On October 28, 2005 Tenneco Automotive was renamed as Tenneco.<ref>{{cite press release|url=http://phx.corporate-ir.net/phoenix.zhtml?c=113459&p=irol-newsArticle&ID=774783|title=Tenneco Automotive Changes Name to Tenneco Inc.|location=Lake Forest, Illinois|date=October 28, 2005|archive-url=https://archive.today/20150224164003/http://phx.corporate-ir.net/phoenix.zhtml?c=113459&p=irol-newsArticle&ID=774783|archive-date=24 February 2015}}</ref>