Knorr Bremse Inks 10 Year Supply Contract in Europe
Knorr Bremse has signed a continuation of their current supply agreement in the field of braking systems and air treatment systems for the OEM’s European heavy duty and medium-duty platforms. At the same time the parties signed a new contract for multi-year supplies of the new Global Scalable Brake Control and Global Scalable Air Treatmen technologies currently under development. This business award underpins Knorr-Bremse’s market position in the braking systems and air treatment segment in Europe, illustrating that the company’s high investment in new technologies is gaining ground in the market.
The new modular product generations enable brake control and electronic air treatment to be adapted to customer needs in the various markets. GSBC and GSAT are not only more compact and lighter but also more flexible in modularity and scalability, making adaptability to different regional requirements and needs easier.