KA awarded EUR8 million (NOK 65m) contract from luxury SUV maker
Kongsberg Automotive’s Fluid Transfer business area has been awarded a contract for supplying air suspension lines to a luxury SUV maker. The estimated total value of the contract is EUR 8 million over its 7 year duration.
Production under the contract is scheduled to start in 2016 at Kongsberg Automotive’s state of the art hose and assembly facility in Normanton, UK.
“We are pleased to be a chosen partner of this leading manufacturer of luxury SUV’s. Having both local production and engineering support are key factors for continued growth in this exciting segment. Air suspension systems are becoming more prevalent in the large car and SUV segment and we look forward to further growth opportunities in the coming years”, said David Redfearn, VP Sales & Marketing Fluid Transfer.