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MARCH 14, 2014
New Venture Gear
New Venture Gear, a joint venture between DaimlerChrysler and General Motors, makes transmissions, transaxles, four-wheel-drive transfer cases, and other drive-line components for both its parent corporations. Mr. Lobo presides over an organization with 5,000 employees and annual revenues of approximately $1.7 billion. Based in Michigan, New Venture is a global manufacturer with operations in Germany and England as well as upstate New York.