Progress-Werk Oberkirch AG / Key word(s): Incoming Orders
Oberkirch, July 1, 2013 - Progress-Werk Oberkirch AG has been awarded a further large series contract in the 'mechanical components for electrical and electronic applications' product area which accounts for approximately 30 percent of Group revenues.
As the world market leader in deep-drawn housings for electric motors, we produce more than 120 million such products annually for automotive applications.
Karl M. Schmidhuber, Chief Executive Officer of PWO, emphasizes: 'In receiving this contract by one of PWO's largest customers for a new generation of housings, not only is the existing volume for the next 8 to 10 years secured on a long-term basis but this contract also generates additional growth on a global scale in this important product area.'
Progress-Werk Oberkirch AG
PWO company profile
PW0 is a partner to the global automotive industry for the development and production of innovative products in the areas of 'Mechanical components for electrical and electronic applications', 'Safety components for airbags, seats and steering' and 'Components and systems for vehicle bodies and chassis'.
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|Company:||Progress-Werk Oberkirch AG|
|Phone:||+49 (0)7802 84-0|
|Fax:||+49 (0)7802 84-273|
|Listed:||Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Berlin, Düsseldorf, Hamburg, München|
|End of News||DGAP News-Service|