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WABCO extends long-term supply agreement for automated manual transmission control technology

Published 06/21/2018, 08:07 AM
© Reuters.  WABCO extends long-term supply agreement for automated manual transmission control technology
WBC
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  • WABCO Holdings (NYSE:WBC) extended its long-term agreement valued at over $500M to supply automated manual transmission control technology for a leading global original equipment manufacturer.
  • The contract is expected to continue until December 2027.
  • “We are delighted to receive a significant AMT controls contract extension with this industry-leading OEM which demonstrates that our customers trust and rely on WABCO’s leading technology,” said Jorge Solis, WABCO President, Truck, Bus and Car Original Equipment Manufacturers. “Confirming our global market leadership, this important agreement will help drive WABCO’s continued outperformance as our AMT controls market penetration increases.”
  • Press Release
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