KA awarded EUR 54 million (NOK 504 mill.) seat heat business with German OEM
Kongsberg Automotive’s Interior business area has been awarded multiple agreements with a German automaker for the global supply of seat heat products across their range of premium and luxury vehicles.
The contract is worth an estimated EUR 54 million (NOK 500 million) over its lifetime with production scheduled to start in the first quarter of 2017 from KA’s facility in Reynosa, Mexico. Production for other brands will commence in the third quarter of 2017 in Pruszkow, Poland. The vehicles KA will supply are leading brands within their segments ranging from compact, sport, luxury and electric vehicles with lifetime supply ranging from 10 to 12 years. The seat heat products are an important part KA’s Seat Comfort growth platform.
“The contract represents the growing partnership we have developed with this customer. Our continued development of seat heat technologies that support a wide range of specifications and comfort expectations positions Kongsberg as a preferred development partner for seat heat systems,” said Thomas Lee, Vice President of Sales and Marketing for Kongsberg’s Interior Systems business area.
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