Kongsberg Automotive’s Interior business area has been awarded two contracts for the supply of seat comfort systems to two European premium automakers, with a combined estimated total value of EUR 56 million (NOK524 million).
The first contract, worth an estimated EUR 27 million over its lifetime, comprises the supply of seat heat systems for a top premium sedan. The second contract, worth an estimated EUR 29 million over its lifetime, is for the supply of seat heat systems for a luxury SUV.
The production for both programs will begin in 2017 in KA’s facility in Pruszkow, Poland.
“The premium market is key for our future growth in the seat comfort area. These contracts show that Kongsberg Automotive has the both required technology and reputation to work with the absolute best in the business, providing us with a good platform to grow our business further”, said Hans Jørgen Mørland, VP of Sales and Marketing for Kongsberg Automotive’s Interior business. says Fredrik Tangeraas, Director, Corporate Communications
Several Car Contracts
Kongsberg Automotive’s Fluid Transfer business area has previously been awarded a contract worth an estimated total of EUR 6 million (NOK 56 million) for the ABC air brake connector range with one of Europe’s major truck manufacturers.Production under the contract will commence later this year from Kongsberg Automotive’s Raufoss facility in Norway with sales value expected to be in the region of EUR1.2 million per year over five years.Kongsberg Automotive has also been awarded a seven year agreement with a European premium automaker for the supply of seat comfort systems to a mid-size/large luxury SUV. The contract is worth an estimated EUR 15.8 million (NOK 145 million)
Truck Brake Systems Routed
The ABC connector range is a light weight safety-critical component that enables truck brake systems to be routed and assembled in the most efficient manner saving both time in design and assembly.
-This is our first award with this particular customer, and is another example of the global market moving towards our composite high tech solutions for air brake systems. We will continue to work on future generations of the ABC system to ensure we continue to lead this exciting market, said David Redfearn, Vice President Sales Fluid Transfer Systems at Kongsberg Automotive, trough Fredrik Tangeraas, Director, Corporate Communications
Economical Growth
Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable. With revenues of close to EUR 1.0 billion and approximately 10.000 employees in 20 countries, Kongsberg Automotive is truly a global supplier. The company is headquartered in Kongsberg, Norway and has 32 production facilities worldwide. The product portfolio includes seat comfort systems, driver and motion control systems, fluid assemblies, and industrial driver interface products developed for global vehicle manufacturers.
Polish Production Plant
Kongsberg Automotive has been awarded a seven year agreement with a European premium automaker for the supply of seat comfort systems to a mid-size/large luxury SUV. The contract is worth an estimated EUR 15.8 million (NOK 145 million) over its lifetime, and production is scheduled to start in the third quarter of 2016 from KA’s facility in Pruszkow, Poland.
The vehicle that KA will supply to combines off-road ability and luxury. KA will supply comfort systems including lumbar support systems for the front seats and seat heat systems for all three seat rows.
«Providing seat comfort solutions to the premium seat and car makers in a growing segment of the automotive industry is exactly what we want to achieve, and this is a great win for us. Our leading seat comfort technology and experience, coupled with our strong market orientation and global footprint provide a solid value proposition to customers”, said Hans Jørgen Mørland, VP Sales & Marketing for Kongsberg Automotive’s Interior business area.
