Gurit has announced a two-year supply agreement with a Chinese blade manufacturer. According to the company, the agreement involves the engineering and supply of core material kits from 2020-2021 and is expected to deliver net sales of CHF 13-16 million over the contract period.
'We have set a strategic ambition of getting a foothold in the Chinese domestic market and this deal proves that our business model and engineering capabilities are a match for the Chinese market, said James Mei, head of china domestic sales in Gurit’s kitting business.
