Fallbrook Reveals Development Deal
San Diego’s Fallbrook Technologies, which is developing a new and more-efficient design for a continuously variable transmission, says today it has signed an agreement with Hodyon of Austin, TX, for joint development of a new air conditioner compressor for medium and heavy-duty vehicles. Financial terms of the agreement were not disclosed. Fallbrook says its deal with Hodyon is part of its broader effort to develop its technology for alternators, air conditioner compressors, and other automotive accessory drives.
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