# Concentric wins precision machining component contract in North America

Concentric was awarded a large contract for precision machined components from an existing global OEM customer in North America, expected to yield around 55 MSEK in annual sales, with deliveries starting in Q2 2024.

- Type: Contract
- Announced: 2023-05-22
- Where: Escanaba, Michigan, United States
- Value: $5.10M (55.0M SEK)
- Status: announced
- Products: precision machined components for hydraulic products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Concentric](https://endata.com/companies/1164.md) (supplier)

## Sources

- [news.cision.com](https://news.cision.com/concentric-ab/r/concentric-secures-major-precision-machining-component-contract-in-north-america,c3772027), 2023-05-22: "Since Concentric AB acquired EMP in October 2021, we have continued to invest in technology and resources to accelerate profitable growth in both Escanaba and Greenfield, and this win represents another key step on this exciting journey."

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