Components for New All-Terrain Recreational Vehicle Transmission
Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has entered into a long-term contract with Sistemas Automotrices De Mexico (Sisamex). Under terms of the agreement, Sypris Technologies will supply components for use in the transmission of a leading global all-terrain and powersports recreational vehicle series. Production begins immediately. Terms of the contract were not disclosed.
Paul Larochelle, Vice President and General Manager of Sypris Technologies Mexico, Inc., commented, "This important project leverages our 30-plus years of experience in engineering and manufacturing high-quality components for the demanding requirements of transportation applications in North America.
"These distinctive machines cover a variety of applications, including desert racers, trail, rock climbing, mudding, performance, work and adventure riding. We are proud to be a supplier of high precision, durable components for one of the most recognized, robust off-road vehicle series produced today."
View source version on businesswire.com: https://www.businesswire.com/news/home/20191104005540/en/
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