Illinois auto supplier Tenneco Inc, said Monday it received $65 million in new business contract with Japanese a original equipment manufacturer in last year.

“We continued to move forward on our strategic imperative to grow our business with the Japan-based OEMs in 2008 despite the difficult global economic and industry conditions,” said Gregg Sherrill, chairman and CEO, Tenneco.

Recently, the company reported a fourth-quarter net loss of $298 million, or $6.40 per shares, Sales fell 23 percent to $1.21 billion from $1.57 billion. And announce a global restructuring program that is expected to generate $58 million about $160 million.

Japan General electric