EUR 9 million (NOK76M) fuel lines contract for North American passenger car market
Kongsberg Automotive’s Fluid Transfer business area has been awarded a three year contract for high temperature fuel lines for the North American passenger car market, which has an estimated lifetime value of EUR 9 million (NOK 76 million).
Kongsberg Automotive will supply high temperature fuel hoses to one of the world’s largest fuel system suppliers primarily for the North American passenger car market, utilizing our US production facilities in both Connecticut and Ohio. Supply under the agreement will start immediately and will continue through 2017,
“We are delighted to secure this agreement for our durable high temperature fuel products with this strategic customer for the passenger car market. Having the ability to control 100% of the manufacturing value chain gives us a definite competitive advantage in this safety critical application segment,” commented David Redfearn, Vice President Sales for Kongsberg Automotive’s Fluid Transfer business.