# 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.

- Type: Contract
- Announced: 2023-06-05
- Where: Escanaba, Michigan, United States
- Value: $5.00M (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)

## Sources

- [machineryasia.org](https://machineryasia.org/concentric-secures-major-precision-machining-contract-in-us), 2023-06-05: "This new business was won based on a 15+ years relationship with this strategically important customer, increasing Concentric’s share of wallet significantly."

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