DGAP-News

ElringKlinger receives a major lightweight contract from US market

DGAP-News: ElringKlinger AG / Key word(s): Incoming Orders
ElringKlinger receives a major lightweight contract from US market

30.11.2016 / 14:11
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ElringKlinger receives a major lightweight contract from US market

- Supply of cockpit cross-car beams for next generation of vehicles

- Order represents triple-digit million euro volume over five years

- Establishment of new production site in close proximity to customer -
Start of production planned for 2017

Dettingen/Erms (Germany), November 30, 2016 +++ ElringKlinger AG has
received an order from an US car maker for the supply of cockpit cross-car
beams. The lightweight structural components made of metal and polymer will
be fitted to the next generation of vehicles. The contract covers a triple-
digit million euro volume over five years. Production is scheduled to
commence in 2017. A new production plant in close proximity to the
customer's site will be established for the purpose of fulfilling the order
and supporting optimized supply chain aspects.

"The second large-scale order for our cockpit cross-car beams serves as
confirmation of the decisive route chosen by ElringKlinger in the high-tech
market for lightweight vehicle body and chassis components," says Dr.
Stefan Wolf, Chief Executive Officer of ElringKlinger AG. He also points to
the fact that they are independent from the type of drive system in use:
"Our lightweighting solutions help to meet ever-stricter CO2 standards for
vehicles with conventional combustion engines but are also instrumental in
extending the range of hybrid and pure electric vehicles."

Cockpit cross-car beams produced by ElringKlinger can help to achieve
significant weight reductions compared to conventional steel carrier
designs. The production process includes an innovative method of
hydroforming and plastic injection-molding combined into a single-step
process. The resulting structural parts made of polymer and metal combine
the benefits of both materials: design freedom, tremendous integration
opportunities of complex geometries, excellent precision in terms of shape
and dimensions with minimal tolerances as well as outstanding structural
resistance in the event of an accident.

ElringKlinger has been working on substituting metal by plastics over a
period spanning more than 15 years and has accumulated considerable know-
how in this field with regard to materials and production methods. As a
series supplier to a German premium car maker, the Group has already been
manufacturing structural parts made of polymer-metal hybrids at its sites