Tenneco

Tenneco is a global designer and manufacturer of original equipment (OE) and aftermarket components for light, commercial and industrial vehicles. The company supplies clean air, powertrain, and ride-performance systems and products, and is among the global market leaders in each of its primary business segments, serving major automakers such as Ford and other global OEMs.

The company operates through four segments — Motorparts, Performance Solutions, Clean Air, and Powertrain — and markets a broad brand portfolio. Its products span shock and strut, steering and suspension, braking, sealing, emissions control, engine, and maintenance categories under brands including Monroe, Champion, Öhlins, MOOG, Walker, Fel-Pro, Wagner, Ferodo, Rancho, Thrush, National, and Sealed Power.

Tenneco traces its roots to the mid-20th century: Tenneco Corp. was founded in 1960 to oversee the oil and gas subsidiaries of Tennessee Gas Transmission Co. (created in 1943). Over subsequent decades it acquired numerous companies, including Walker Manufacturing and Monroe, which formed the core of Tenneco Automotive. On 17 November 2022, Tenneco was acquired by private equity firm Apollo Global Management for approximately USD 7.1bn in cash, becoming a private company and delisting from the New York Stock Exchange. It is now headquartered in Northville (Metro Detroit), Michigan, with Jim Voss as CEO and a reported global workforce of around 71,000 (secondary-source headcounts vary).

As a large supplier of automotive systems and components across both OE and aftermarket channels, innovations in this space are directly relevant to Tenneco's broad product portfolio and market-leading segments.