Fastinox awarded major component supply contract
Fastinox has been awarded a contract for supply of fasteners and components to a 1st tier manufacturer for emissions-free Electric Adventure Vehicles which is a new customer. The contract is to supply parts to a single site UK manufacturer initally based on schedules, moving to VMI Program within a short period.
Deliveries are expected to start in the second half of 2020 and extend for a period of seven years.
The knowledge and experience Fastinox has built up over many years as a global supplier supplier to multiple customers was key to this award. The new contract will provide a good foundation to deliver our unique services and innovative and sustainable solutions for years to come.
Deliveries are expected to start in the second half of 2020 at initial start up volumes and are expected to grow to full pace by Q2-Q3 2021.
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Fastinox is a supplier of fasteners and C Class Components to the international automotive industry. The company’s product range includes everything from customer-specific standard products to customized special fasteners. The company also provides technical development, line-feeding, logistics, material and production expertise. Fastinox offers a Full Service Provider concept or parts thereof.