Kongsberg Automotive secures EUR 56M contract extension for stainless steel braided hoses
Kongsberg Automotive secured a 5-year contract extension valued at EUR 56 million from a long-standing global Tier 1 automotive supplier to supply stainless steel braided hoses. The products will be manufactured at the Suffield and Grand River plants in the US and the Ramos Arizpe plant in Mexico.
Productsstainless steel braided hoses
“On 20 December, KOA secured a 5-year contract extension of EUR56m in estimated lifetime revenue from a 'long-standing' global Tier 1 automotive supplier to supply stainless steel braided hoses.”research.danskebank.com
- 4 sources
- research.danskebank.comDanske Bank ResearchDec 20, 2024
- marklines.com[Gen-AI Analysis] Kongsberg Automotive wins contract extension for Fluoro-Comp and stainless-steel braided hoses - MarkLines Automotive Information & Gen-AI PlatformDec 20, 2024
- autotechinsight.spglobal.comKongsberg Automotive secures €56 million contract extension - Automotive Technology Insight | Forecasts | Industry News | Supply ChainDec 23, 2024
- supplierinsight.ihsmarkit.comKongsberg Automotive secures €56 million contract extension - Automotive Technology Insight | Forecasts | Industry News | Supply ChainDec 23, 2024
Summarized from public sources; check the original articles before acting on it.
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