CTS Wins 2nd Actuator Production Program for Active Air Grill Shutter System [Professional Services Close - Up]

(Professional Services Close - Up Via Acquire Media NewsEdge) CTS Corp. announced that CTS Automotive Products was awarded a second production program to supply brushless motor-driven actuators for active air grill shutter systems.

According to a release, the actuators will be used on a U.S. badged SUV supplied through a major tier one supplier, CTS' second customer for this application. Total revenues over the six-year life of the program are expected to be approximately $7 million. The actuators will be manufactured in CTS' Elkhart, Indiana facility with deliveries beginning late 2013. CTS began producing air grill shutters in the second quarter 2012 as a result of a $30 million production award secured in late 2011.

Commenting on the new award, Vinod M. Khilnani, CTS Executive Chairman said, "This second grill shutter actuator program win, combined with our recent synergistic acquisition of D&R with $50 million in annual sales, reflects continued success in our sensor and actuator growth strategy." CTS Automotive Products is a company focusing on the design, test and manufacture of automotive sensors, accelerator pedal modules, actuators and subsystems.

CTS is a designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services (EMS) to OEMs in the automotive, communications, medical, defense and aerospace, industrial and computer markets.

More information: www.ctscorp.com ((Comments on this story may be sent to newsdesk@closeupmedia.com)) (c) 2013 ProQuest Information and Learning Company; All Rights Reserved.

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