Gurit announces second automotive supply contract

The prototype deliveries of the new composite parts will commence in Q1 2013, with series supply starting in the second half of the year. The entire contract is worth some €1.5 million. The continued demand for Gurit’s high-end Sprint CBS components in the UK, German and Italian markets has resulted in the need to further expand its existing parts manufacturing capacity at its UK site. The expansion will start in Q1 2013 and will be completed by the summer, doubling the overall automotive composite car parts production capacity. “Securing our second series programme in Italy so quickly after the first is further proof for the technology and skills we provide our customers,” stated Gurit’s automotive managing director, Martin Starkey. “Clearly, the trend towards the adoption of carbon fibre composite parts in automotive continues to grow at a considerable pace. To ensure we can maintain our market leading position as an advanced composite parts tier 1 supplier, I am also pleased to announce the next expansion of our manufacturing capacity in our UK site.” www.gurit.com