Zurich, April 25, 2024: Kongsberg Automotive (KA) has officially opened its
plant in Ramos Arizpe, Mexico today, marking a considerable milestone for the
company. This upgraded facility represents a significant expansion and
relocation from KA's earlier location in the region since 2018, highlighting
KA's commitment to growth and innovation.
The upgraded plant spans over 15,500 square meters and is equipped with advanced
technologies to support the manufacture of Flow Control Systems (FCS) products
such as Raufoss Couplings®, high-performance hoses like Fluoro-Comp® as well as
powertrain, and battery electric vehicle (BEV) applications for commercial
vehicles.
"The KA Ramos Arizpe plant not only strengthens our global footprint, but also
supports our ambitious plan to continue to double the FCS business in North
America in the next three years by increasing our market share with Original
Equipment Manufacturers (OEMs) in the region," says Linda Nyquist Evenrud, KA's
President & CEO, "The plant is strategically located amidst major OEMs, making
us a key player in the mobility industry in this region."
"We are proud to officially open our plant in Ramos Arizpe, an area renowned for
its progressive manufacturing industry," said Eduardo Pamies, Executive Vice
President of FCS, adding, "Our expanded plant has generated new job
opportunities within various areas, which we are confident will enrich the local
community, and is aligned with KA's growth strategy."
Media and communications contact:
Therese Sjöborg Skurdal - Director Corporate Communications
therese.skurdal@ka-group.com
+47 982 14 059
Investor Relations contact:
Mads Langaard - Head of Investor Relations
mads.langaard@ka-group.com
+47 905 81 264
About Kongsberg Automotive ASA
Kongsberg Automotive provides cutting-edge technology to the global vehicle
industry. We drive the global transition to sustainable mobility by putting
engineering, sustainability, and innovation into practice. Our product portfolio
includes driver and motion control systems, fluid assemblies, and industrial
driver interface products. Find more information
at:?kongsbergautomotive.com (https://www.kongsbergautomotive.com/)