CTS Corp. Awarded Third Major Belt Tension Sensor Program For Advanced Occupant Restraint System – CTS Automotive Products receives contract for automotive sensors – Brief Article
CTS Corp., Elkhart, Ind, a leader in automotive sensor and thick film technology, said that a major international vehicle manufacturer has selected CTS Automotive Products to supply additional seat belt tension sensors (BTS) for use in passenger vehicles. The vehicles using this new product will be built and sold primarily in North America starting with Model Year 2004.
The multiyear program will add over $17 million in new revenue, CTS said. Design wins to date for this product family are expected to generate over $100 million in revenue over the program life, it added. The total market for this product is expected to exceed $160 million annually by 2007, the company said.
COPYRIGHT 2002 International Trade Services
COPYRIGHT 2002 Gale Group