Sypris Awarded Long-Term Supply Agreement
November 04 2019 - 09:45AM
Business Wire
Components for New All-Terrain Recreational
Vehicle Transmission
Sypris Technologies, Inc., a subsidiary of Sypris Solutions,
Inc. (Nasdaq/GM: SYPR), announced today that it has entered into a
long-term contract with Sistemas Automotrices De Mexico (Sisamex).
Under terms of the agreement, Sypris Technologies will supply
components for use in the transmission of a leading global
all-terrain and powersports recreational vehicle series. Production
begins immediately. Terms of the contract were not disclosed.
Paul Larochelle, Vice President and General Manager of Sypris
Technologies Mexico, Inc., commented, “This important project
leverages our 30-plus years of experience in engineering and
manufacturing high-quality components for the demanding
requirements of transportation applications in North America.
“These distinctive machines cover a variety of applications,
including desert racers, trail, rock climbing, mudding,
performance, work and adventure riding. We are proud to be a
supplier of high precision, durable components for one of the most
recognized, robust off-road vehicle series produced today.”
Sypris Technologies, Inc. is a premier manufacturer and supplier
of drivetrain and other critical components for the commercial
vehicle, automotive, recreational vehicle, mining, agriculture and
energy markets. Sypris is headquartered in Louisville, Kentucky
with facilities in the U.S. and Mexico, Sypris continues to meet
the needs of its customers after more than 90 years of service. For
more information about the Company, visit its Web site at
www.sypris.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191104005540/en/
Paul Larochelle Vice President and General Manager
(502) 420-1225
Sypris Solutions (NASDAQ:SYPR)
Historical Stock Chart
From Feb 2024 to Mar 2024
Sypris Solutions (NASDAQ:SYPR)
Historical Stock Chart
From Mar 2023 to Mar 2024