Brief: MS Industrie: New Order MS Powertrain Europe

MS Industrie AG

11/04/2019 10:19

April 11 (Reuters) - MS INDUSTRIE AG  MSAG.DE :
    * NEW ORDER MS POWERTRAIN EUROPE / SALE OF PRODUCTION FOR
THE
DAIMLER WORLD ENGINE IN THE USA
    * SUBSIDIARY MS POWERTRAIN TECHNOLOGY REPORTS THAT
NOMINATION FOR
SUPPLY OF INTEGRAL COMPONENTS OF VALVE TRAIN SYSTEM FOR A
COMPLETELY NEW ENGINE PLATFORM FOR HEAVY COMMERCIAL VEHICLES HAS
BEEN ACCOMPLISHED
    * WHEN REACHING FULL PRODUCTION VOLUMES BY 2026, MS EXPECTS
A
TARGET SALES VOLUME OF AROUND EUR 25-30 MILLION PER YEAR
    * MS POWERTRAIN TECHNOLOGIE SELLS PRODUCTION OF VALVE TRAIN
SYSTEMS FOR DAIMLER WORLD ENGINE AT WEBBERVILLE / MICHIGAN SITE
TO GNUTTI GROUP
    * TRANSITION OF AFFECTED US LEGAL ENTITIES HAS NOW BEEN
SUCCESSFULLY IMPLEMENTED AS PLANNED

Source text for Eikon:  ID:nEQ9Vcjfja 
Further company coverage:  MSAG.DE 

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