Carbures signs a new contract for the sale of test lines for electronic steering of high production cars with a Tier 1 world leader in Mexico that manufactures cars for many leading brands in Mexico and the NAFTA zone.
• The Company will manufacture this automotive technology, with its own engineering and software developments, at its plant in Querétaro, Mexico, and thus responds to the needs of its customers to become a global supplier to standardize production and test equipment as much as possible.
Madrid, May 18, 2018. Carbures begins to accelerate in the automotive area, settles in Mexico and achieves an important contract with a first-level player in the automotive sector for the NAFTA zone. The Company has signed a new contract with a global Tier1 in Mexico for which it provides seven lines of electronic steering testing, in high production, for 1.6 million euros. Carbures is going to manufacture the automotive technology lines at its Querétaro plant and will deliver them, ready and equipped with its own engineering and software, unique in the sector in the world, which allows the control of the driving system of cars at industrial manufacturing rates. Without counting on this new contract, the automotive division of Carbures adds 13.3 million euros in contracts of this pioneering technology of automotive in the first quarter of the year, which is about 33 percent of the total turnover in this 2017 activity line.