Gurit has secured a second supply agreement with an Italian automotive OEM, revealing that the first parts using the company’s Sprint CBS composites will ship this quarter.
The £1.3m (€1.5m) deal is further proof of the popularity of Gurit’s composites operation, according to the company.
As a result, the firm is expanding its manufacturing capacity at its UK site – a development that will be complete this summer.
Martin Starkey, managing director of Gurit Automotive, said: “Securing our second series programme in Italy so quickly after the first is further proof for the technology and skills we provide our customers. Clearly, the trend towards the adoption of carbon fibre composite parts in automotive continues to grow at a considerable pace.
“To ensure we can maintain our market leading position as an advanced composite parts Tier 1 supplier, I am also pleased to announce the next expansion of our manufacturing capacity in our UK site.”