CTS Awarded New Automotive Sensor Production Programs for $15M

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CTS Corporation
CTS
today announced that CTS Automotive Products has been awarded three new production programs to supply sensors for a North American active manifold application and for two turbocharger applications. Total expected revenues from these sensor awards are approximately $15 million. These business wins are a direct result of CTS' successful initiative to develop and launch a series of new products in its sensor product line. CTS will supply active manifold sensors to a major Tier 1 supplier for light-truck and sports car applications in North America. These sensors help control air intake on engines, resulting in improved performance and lower emissions. First deliveries are expected in mid-2014, with anticipated revenues of approximately $8 million over the five-year program life.
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