WABCO Holding (WBC) Announces Long-Term Supply Agreement for OnGuardPLUS Technology
Tweet
Share
E-mailGet Alerts WBC Hot Sheet
Join SI Premium – FREE
WABCO Holdings Inc. (NYSE: WBC) has entered into a long term agreement with a global manufacturer of commercial vehicles to supply the vehicle maker's European operations with WABCO's breakthrough OnGuardPLUS" technology, an advanced emergency braking system (AEBS). It marks the first adoption of OnGuardPLUS technology in Europe.
After a phase of ramping up, series production is expected to begin in the third quarter of 2013 and WABCO expects to furnish more than 50,000 OnGuardPLUS systems annually.
After a phase of ramping up, series production is expected to begin in the third quarter of 2013 and WABCO expects to furnish more than 50,000 OnGuardPLUS systems annually.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Boeing names Ryan Shedd as new SVP and controller
- CoVolt Power files for proposed IPO
- Nu Skin EVP of global sales takes medical leave
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
