Brief: Concentric To Supply Electric Coolant Pumps To Global OEM

Concentric AB

20/04/2021 07:05

April 20 (Reuters) - Concentric AB  CONIC.ST :
    * CONCENTRIC AB ELECTRIC COOLANT PUMP SELECTED FOR HIGH
POWER
DENSITY ENGINE WITH LEADING GLOBAL OEM FOR OFF-HIGHWAY VEHICLES
    * AWARDED A CONTRACT TO SUPPLY ELECTRIC COOLANT PUMPS TO A
LEADING
GLOBAL OEM LAUNCHING THEIR NEW HEAVY-DUTY INDUSTRIAL ENGINE FOR
USE IN OFF-HIGHWAY APPLICATIONS
    * PRODUCTION WILL START IN 2021 AND SALES REVENUES FROM THIS
NEW
CONTRACT ARE ESTIMATED TO BE WORTH MSEK 10 OVER NEXT FIVE YEARS

Source text for Eikon:  ID:nWkrngrjF 
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