KA wins couplings contracts worth EUR17 million (NOK158 million)
Kongsberg Automotive’s Fluid Transfer Systems business area has received business awards for the ABC air-brake coupling system totaling EUR 17 million with average annual revenues of EUR5.3 million.
FTS have secured supply contracts with a European bus manufacturer and a Global supplier of braking systems for commercial vehicles to expand supply of the ABC coupling range manufactured in our facility in Raufoss, Norway.
“We are pleased that these leading companies have chosen to continue and grow with the ABC coupling system. It is testament to the overall value of the system that we can show savings compared with traditional coupling solutions in both total cost of ownership and weight reduction, which are both important divers in the commercial vehicle industry” said David Redfearn, Vice President Sales for Kongsberg Automotive’s Fluid Transfer Systems business area.