Woodward Governor rolls out auto-related company.

Woodward Governor rolls out auto-related company.
The Denver Post
By: Editorial
Published: September 25th, 2009

 
Woodward Governor rolls out auto-related company.
The Denver Post
Posted: 09/25/2009 01:00:00 AM MDT

Woodward Governor Co., a Fort Collins-based turbine maker, has spun off an auto-engine-development program into a new company.

The new company, VanDyne SuperTurbo Inc., backed by Woodward and private investors, is aiming to market an automotive energy- efficiency device.

The new turbocharger can cut fuel consumption 25 percent, according to Edward VanDyne, the device's developer and the new company's chief executive.