Kitron Signs Agreement with Global Energy Company


Reading time ( words)

Kitron has signed an agreement with a global energy company headquartered in the US.

The agreement is valid for three years with an option of a one-year extension. The deal is estimated to be worth NOK 100 million for Kitron.

"We have agreed with the client that Kitron initially will deliver prototypes and serial manufacturing for a specific product family of power controllers. The first prototypes will be delivered from our factory in Lithuania, but Kitron's facilities in China and the US are also considered as applicable supply partners for the future. Manufacturing services for high-end power and control solutions is a technology and market that is well known to Kitron. Hence, in combination with our geographical footprint we are confident that we will add value and grow business with our new customer throughout its global operations," says Tommy P. Storstein, Corporate sales director of Kitron.

About Kitron

Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Defence/Aerospace, Energy/Telecoms, Industry, Medical equipment and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 1.75 billion in 2014 and has about 1 200 employees.

Share

Print


Suggested Items

Excerpt: The Printed Circuit Assembler’s Guide to… Smart Data

04/07/2021 | Sagi Reuven and Zac Elliott, Siemens Digital Industries Software
Whenever we discuss data, keep in mind that people have been collecting data, verifying it, and translating it into reports for a long time. And if data is collected and processes are changed automatically, people still will be interpreting and verifying the accuracy of the data, creating reports, making recommendations, solving problems, tweaking, improving, and innovating. Whatever data collection system is used, any effort to digitalize needs to engage and empower the production team at the factory. Their role is to attend to the manufacturing process but also to act as the front line of communications and control.

Top 10 Most-Read SMT Articles of 2020

12/31/2020 | I-Connect007
As 2020 comes to a close, the I-Connect007 Editorial Team takes a look back at its most read articles. Here are the top 10 reads in SMT from the past year.

Meet Christine Davis, I-Connect007 Columnist

12/23/2020 | I-Connect007 Editorial Team
Meet Christine Davis, one of our newest columnists! Christine will share her expertise and lessons learned through her journey as one of the few women in the electronics industry to found and run her own company.



Copyright © 2021 I-Connect007. All rights reserved.