According to Gurit, the contract is worth some CHF30 million at the minimum procurement volume agreed with the automotive company and could – in the best case – increase by up to 40%.
Based on this contract, Gurit will supply an existing customer with Class A composite car body panels. The production uses, among other technologies and processes, Gurit’s patented SPRINT material.
The follow-on order defines a higher number of composite parts per vehicle compared with the current manufacturing programme. Production will be located on the Isle of Wight, UK, at the existing Gurit facility, which will be expanded. In co-operation with the automotive customer’s design department, Gurit has also been awarded a supporting contract for aspects of composite design and development.
The automotive market is a target of Gurit’s Transportation business.
Gurit Holding AG, Wattwil, Switzerland, specialises in advanced composite materials and related technologies.