Building on its achievements of last year, Gurit has successfully secured a second supply agreement with a prestigious OEM in the Italian automotive market. The prototype deliveries of the new composite parts will commence in Q1 2013, with series supply starting in the second half of the year. The whole new contract is worth some EUR 1.5 million.
The continued demand for Gurit’s high-end SPRINTTM CBS components in the UK, German and Italian markets has resulted in the need to further expand its existing parts manufacturing capacity at its UK site. The expansion will start in Q1 2013 and will be completed by the summer, doubling the overall automotive composite car parts production capacity.
Martin Starkey, Managing Director of Gurit Automotive, commented: “Securing our second series programme in Italy so quickly after the first, is further proof for the technology and skills we provide our customers. Clearly, the trend towards the adoption of carbon fibre composite parts in automotive continues to grow at a considerable pace. To ensure we can maintain our market leading position as an advanced composite parts Tier 1 supplier, I am also pleased to announce the next expansion of our manufacturing capacity in our UK site”.