Kongsberg Automotive awarded contract for head restraints valued at¤45 millions

Montag, 13.07.2009 10:10 von Hugin - Aufrufe: 221

Kongsberg Automotive (KA) has recently been awarded the rear head
restraint business for a North American minivan program. The planned
volume for this program is 1 million head restraints per year, with 5
head restraints per vehicle.
 
Total life of program sales will be approximately 45M Euro. Start of
production is planned for 2010.
 
The trimmed headrest includes a folding mechanism that was designed
and developed by KA Engineering. In utilizing our design, the
Customer is able to provide high safety capabilities for rear
occupants, which meet increased legal regulations, and still meet
Consumer demands for rear seat functionality. It also gives the
driver increased rear/side vision, when folded, to help prevent blind
spots. This program proves that KA can supply the whole system for
full headrest assemblies anywhere in the world while meeting
challenging performance and safety requirements.
 
"With North American vehicle sales slumping, it is great to win a
high volume program like this to secure our market position", said
Hans Peter Havdal, President for Automotive Systems at KA. "It is
important to be able to show Kongsberg's new innovations and ability
to provide a robust and clever folding headrest assembly to our
customers".
 
###
 
Kongsberg Automotive is headquartered in Kongsberg, Norway and has
approx. 50 facilities in 20 countries on all continents. Kongsberg
Automotive, with over 8,000 employees, provides system solutions to
vehicle makers around the world. The product portfolio includes
gearshift systems, cables for a wide variety of applications, fuel
lines, tubing and hoses, couplings, clutch actuation, stabilizing
rods, seat heaters, seat ventilation, lumbar supports, head
restrains, arm rests, steering columns, pedals, electronics and
displays. Find more information at www.kongsbergautomotive.com.
 
###
 
For further information, please contact:
Ray Bomya, Executive Vice President North America, Automotive Systems
Ph: +1 248 615 3090 / +1 313 515-0797
email: raymond.bomya@ka-group.com
 
Ronny Lie, Director, Corporate Communication
Ph: +47 32 77 05 11 / +47 916 10 798
e-mail: ronny.lie@ka-group.com
###
 
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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