Kitron Wins Additional EUR 7 Million Contract, Expanding Presence in Industrial Automation
Norway, June 6 -- Kitron has signed a significant manufacturing agreement with a leading customer in the industrial automation sector. The agreement covers electronics manufacturing services for a new generation of high-performance drive modules used in automation and motion control systems.Valued at approximately EUR 7 million annually, the contract represents a strategic expansion of the partnership, with room for further volume growth in the years ahead.Under the agreement, Kitron will provide complete box-build services from its European facilities, delivering high-quality, high-complexity assemblies tailored to demanding industrial environments. Production is scheduled to begin in the fourth quarter of 2025. The agreement reinforces Ki...
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