Bulten has been awarded a new FSP (Full-Service Provider) contract by a European automotive manufacturer, which is also a new customer for Bulten.
The contract relates to supply of fasteners for an electric vehicle programme that is under development. The order value is approximately SEK 220 million (approximately €21.6 million) a year at full production. Deliveries are estimated to start in the third quarter of 2022, reaching full pace by 2025.
“We are proud to be appointed FSP provider of fasteners by a new customer, and for a new electric vehicle programme. This is a strategically important contract for us since we are expanding sales of our products within the electric vehicle segment, which is growing strongly,” says Anders Nyström, president and CEO of Bulten.
Having spent a decade in the fastener industry experiencing every facet – from steel mills, fastener manufacturers, wholesalers, distributors, as well as machinery builders and plating + coating companies, Claire has developed an in-depth knowledge of all things fasteners.
Alongside visiting numerous companies, exhibitions and conferences around the world, Claire has also interviewed high profile figures – focusing on key topics impacting the sector and making sure readers stay up to date with the latest developments within the industry.
