31 May 2011
31 May 2011
Gurit has signed a significant parts supply contract for automotive body panels with an existing customer.
Based on this contract, Gurit will supply an existing customer with “Class A” advanced composite car body panels. The production uses Gurit’s patented SPRINT material technology among other technologies and processes.
The contract is worth some CHF 30 million at the minimum procurement volume agreed with the prestigious OEM will form part of a contract that will run from 2012 through to 2016.
Production will be located on the Isle of Wight (UK) at the existing Gurit facility, which will be expanded.
In co-operation with the customer’s design department, Gurit has also been awarded a supporting contract for aspects of composite design and development.
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