Gurit has announced a two-year supply contract which has been secured with a wind turbine OEM for its JSB Kitting business unit. The contract is a continuation of an existing supply agreement and in line with communicated group sales targets for 2019.
It will utilise capacities of the new kitting production site in Matamoros in Mexico, which was just opened recently and will provide room for further organic growth in 2020. The contract contains volume agreements for Europe, Asia and Americas and is expected to deliver Net Sales of CHF 175-200 million over the contract period, dependent on the OEM’s demand situation.