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Concentric AB has been awarded a contract to supply its new Dual Cone Clutch (DCC) to a Tier 1 brake air compressor manufacturer for use in on-highway applications with a leading OEM of trucks, buses, construction equipment and industrial engines. Production will start in 2022/23, with total revenues through to the end of 2026 estimated at SEK 60 million.
“This project represents a completely new patented product and end application for Concentric with further opportunities for growth.”prnewswire.com
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