CTS Awarded New Actuator Production Program for Active Air Grill Shutter System

Loading...
Loading...
CTS Corporation
CTS
today announced that CTS Automotive Products was awarded a new production program to supply brushless motor-driven actuators for active air grill shutter systems. The actuators will be sold to a new tier one customer for CTS who supplies the active air grill shutter system to a major U.S. based automotive company. Total revenues over the life of the initial four-year program are expected to be approximately $30 million.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsContracts
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...