Gurit (Zürich, Switzerland; Newport, Isle of Wight, U.K.) reported on Jan. 22 that it has won a second supply contract from a prestigious car manufacturer in the Italian market and announces a further expansion of its U.K.-based carbon fiber composites automotive parts manufacturing site, resulting in doubling of capacities by mid-2013.
Building on its achievements of last year, Gurit has successfully secured a second supply agreement with a prestigious but unnamed OEM in the Italian automotive market. The prototype deliveries of the new composite parts will start in Q1 2013, with series supply starting in the second half of the year. The new contract is worth about €1.5 million.
Gurit says the continued demand for its high-end SPRINT CBS components in the U.K., German and Italian markets has resulted in the need to further expand its existing parts manufacturing capacity at its U.K. site. The expansion will start in first quarter 2013 and will be completed by the summer, doubling the overall automotive composite car parts production capacity.
Martin Starkey, managing director of Gurit Automotive, says, “Securing our second series program 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 fiber 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 U.K. site.”