Kongsberg Automotive wins a contract extension worth EUR 56 million in estimated lifetime revenue
Kongsberg, December 20, 2024: Kongsberg Automotive (KA) has won a contract extension worth over EUR 56 million in estimated lifetime revenue for Fluoro-Comp® and stainless-steel braided hoses. A global Tier 1 automotive supplier awarded this five-year contract renewal. KA’s Suffield, Grand River (USA), and Ramos Arizpe (Mexico) plants will manufacture and supply these products. The Fluoro-Comp® hose is a non-metallic reinforced PTFE hose used for multiple automotive or