DGAP-News: Progress-Werk Oberkirch AG: PWO receives new global large series contract
(firmenpresse) - DGAP-News: Progress-Werk Oberkirch AG / Key word(s): Incoming Orders
Progress-Werk Oberkirch AG: PWO receives new global large series
contract
01.07.2013 / 08:00
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Oberkirch, July 1, 2013 - Progress-Werk Oberkirch AG has been awarded a
further large series contract in the 'mechanical components for electrical
and electronic applications' product area which accounts for approximately
30 percent of Group revenues.
As the world market leader in deep-drawn housings for electric motors, we
produce more than 120 million such products annually for automotive
applications.
Karl M. Schmidhuber, Chief Executive Officer of PWO, emphasizes: 'In
receiving this contract by one of PWO's largest customers for a new
generation of housings, not only is the existing volume for the next 8 to
10 years secured on a long-term basis but this contract also generates
additional growth on a global scale in this important product area.'
Progress-Werk Oberkirch AG
The Management Board
PWO company profile
PWO is one of the world's leading suppliers of advanced metal components
for automobile safety and comfort. The company has developed a unique
knowledge in the forming and joining of metals over the course of its over
90-year history since it was founded in 1919. The German location at
Oberkirch today employs over 1,500 staff members. The Group is globally
represented with further sites in Canada, the Czech Republic, China and
Mexico employs over 3,000 staff members around the world.
PW0 is a partner to the global automotive industry for the development and
production of innovative products in the areas of 'Mechanical components
for electrical and electronic applications', 'Safety components for
airbags, seats and steering' and 'Components and systems for vehicle bodies
and chassis'.
End of Corporate News
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01.07.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Progress-Werk Oberkirch AG
Industriestraße 8
77704 Oberkirch
Germany
Phone: +49 (0)7802 84-0
Fax: +49 (0)7802 84-273
E-mail: info(at)progress-werk.de
Internet: www.progress-werk.de
ISIN: DE0006968001
WKN: 696800
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
End of News DGAP News-Service
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218801 01.07.2013
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Datum: 01.07.2013 - 08:00 Uhr
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News-ID 274592
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