Concentric secures precision machining contract for hydraulic components in US

Concentric was awarded a large contract for precision machined components from an existing global OEM customer in North America. The components will be used in energy-efficient medium and heavy-duty hydraulic products for off-highway applications. Annual sales are expected to be around 55 million SEK, with deliveries starting in Q2 2024.

“This new business was won based on a 15+ years relationship with this strategically important customer, increasing Concentric’s share of wallet significantly.”machineryasia.org

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• machineryasia.orgConcentric secures major precision machining contract in US - Machinery Asia, your information portal for construction equipmntMachinery AsiaJun 5, 2023

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