Constellium consolidates its long-term partnership with Bombardier through multi-year contract
October 10 2017 - 2:00AM
YASTEST
AMSTERDAM, The Netherlands, Oct.
10, 2017 (GLOBE NEWSWIRE) -- Constellium N.V. (NYSE:CSTM) (Euronext
Paris:CSTM) announced that it has signed a multi-year agreement
with Bombardier to supply flat rolled products in a rich mix of
alloys, shapes and applications for a number of their aircraft
programs such as C Series, CRJ Series, Q Series, Global and
Challenger. In this new contract, Constellium will become one of
the leading suppliers of flat rolled products to Bombardier
globally, strengthening its position as a strategic supplier.
Constellium and Bombardier are
long-time partners, with a strong history of collaborative
research. Bombardier's C Series aircraft aluminium-lithium fuselage
sheets and extrusions are all currently supplied through
Constellium's Airware® platform.
"I am proud to see Bombardier and Constellium continuing to
build on their partnership. This new contract allows us to further
anchor our position as a key supplier of innovative aluminium
solutions for Bombardier's aircraft programs and as an industry
leader more generally," said Ingrid Joerg, President
of Constellium's Aerospace and Transportation business
unit. "It demonstrates our
expertise and skills in providing tailored products and spurs our
ambition to pursue growth in the aerospace industry."
Bombardier will be served by
Constellium's facilities in Ravenswood, USA and Issoire,
France.
About Constellium
Constellium (NYSE:CSTM)
(Euronext Paris:CSTM) is a global sector leader that develops
innovative, value added aluminium products for a broad scope of
markets and applications, including aerospace, automotive and
packaging. Constellium generated €4.7 billion of revenue in
2016.
www.constellium.com
Forward-looking Statements
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expected synergies and the timing thereof, Constellium's increased
levels of indebtedness which could limit Constellium's operating
flexibility and opportunities; the potential failure to retain key
employees, the loss of customers, suppliers and other business
relationships; disruptions to business operations; slower or lower
than expected growth in the North American market for Body-in-White
aluminium rolled products, and other risk factors set forth under
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Delphine Dahan-Kocher - AMERICA Corporate
Communications
Phone: +1 (212) 858-9963
/ delphine.dahan-kocher@constellium.com
Christel des Royeries - EUROPE Corporate
Communications
Phone: +33 1 73 01 46 73
/ christel.des-royeries@constellium.com
Ryan Wentling - Investor
Relations
Phone: +1 (212) 675-5450
/ investor-relations@constellium.com
CLAI (Media)
Corporate
Emilie Humann
Phone: +33 (0)7 77 26 24 60 emilie.humann@clai2.com
Hill+Knowlton Strategies
(Media)
Peter Poulos
Phone: +1 (212) 885-0588
peter.poulos@hkstrategies.com
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Source: Constellium Paris via Globenewswire
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