# Castec Korea signs 28.5B won contract with BorgWarner Turbo Systems

Castec Korea Co Ltd signed a 28.51 billion won contract with BorgWarner Turbo Systems to supply bearing housing in Europe.

- Type: Contract
- Announced: 2017-10-18
- Where: South Korea
- Value: $25.0M (28.5B KRW)
- Status: announced
- Products: bearing housing
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Castec Korea](https://endata.com/companies/2223.md)
- [BorgWarner](https://endata.com/companies/751.md) (customer)
- [Castec Korea](https://endata.com/companies/2223.md) (supplier)
- [BorgWarner Turbo Systems](https://endata.com/companies/4240.md) (customer)

## Sources

- [reuters.com](https://www.reuters.com/article/business/castec-korea-signs-contract-worth-2851-bln-won-idUSL4N1MT2Z9/), 2017-10-18: "Castec Korea Co Ltd signed a 28.51 billion won contract with BorgWarner Turbo Systems to provide Bearing Housing in Europe."
- [endata.com](https://endata.com/announcements/1466-castec-korea-signs-krw-28-5-billion-turbo-system-supply-deal-with-borgwarner), 2017-10-18: "“보그워너(BorgWarner)와 285억1300만원 규모의 자동차 터보차저 부품인 터보 시스템 납품 계약을 맺었다고 밝혔다.”"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.