Gurit signs two-year kitting supply agreement with Chinese wind blade manufacturer
Gurit says the agreement is part of its strategic plan to extend its kitting and core material services into the Chinese domestic market.
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Source | Gurit
Gurit (Zurich, Switzerland) reported on April 17 that it has signed a two-year supply agreement with an unnamed leading Chinese wind blade manufacturer. The agreement, Gurit says, entails engineering and supply of core material kits for a strategically important project to the customer for the years 2020 and 2021. The company reports that the project is expected to deliver net sales of CHF 13-16 million (USD $13.3-16.4 million) over the contract period.
“We have set a strategic ambition of getting a foothold in the Chinese domestic market, and this deal proves that our business model and engineering capabilities are a match for the Chinese market. We will continue to find smart and flexible solutions to serve [this] market,” says James Mei, head of China domestic sales for Gurit’s Kitting business unit.
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