Ad hoc announcement according to article 53 KR
Georg Fischer AG: GF wins major global order for lightweight car components
Schaffhausen
(pta005/06.07.2016/07:00 UTC+2)
GF Automotive, a division of GF, has received a major global order for passenger cars' structural parts from a well-known European car manufacturer. The contract amounts to EUR 84 million. The components will be simultaneously produced in Europe, China and the US as of 2018.
The order comprises suspension strut domes, essential components in the car body construction. These structural parts will be manufactured by aluminum pressure die casting at the GF Automotive facilities in Altenmarkt (Austria), in Suzhou (China) and at the future facility of the GF Linamar joint venture in Henderson County (North Carolina, US). GF Automotive has been awarded the contract for the global production thanks to its lightweight expertise. The cast suspension strut domes replace conventional sheet metal welded constructions resulting in a significant weight reduction of the car body.
GF Automotive is one of the leading automotive suppliers worldwide and a technologically pioneering development partner and manufacturer for components of passenger cars, trucks and industrial applications. The division manufactures some 600 000 tons of iron, aluminum and magnesium at eleven production plants in Germany, Austria, China, and
the US.
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| Emitter: |
Georg Fischer AG Amsler-Laffon-Strasse 9 8200 Schaffhausen Switzerland |
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|---|---|---|
| Contact Person: | Beat Römer | |
| Phone: | +41 52 631 26 77 | |
| E-Mail: | beat.roemer@georgfischer.com | |
| Website: | www.georgfischer.com | |
| ISIN(s): | CH0001752309 (Share) | |
| Stock Exchange(s): | SIX Swiss Exchange |