Kongsberg Automotive is awarded contract worth EUR 30 million
Kongsberg Automotive’s (KA) Flow Control Systems business unit (FCS) has been awarded a contract worth EUR 30 million in estimated lifetime revenue for a variety of PTFE lined hoses. KA is the exclusive supplier of PTFE line hose for a major North American industrial supplier in the semiconductor market. KA’s product will be incorporated into industrial processing industries, including semiconductors, chemical processing, and other fluid transfer systems. “We are pleased to report that this big win for FCS is of great strategic importance for KA.