Steel Strips Wheels Ltd (SSWL) has bagged an order from Canadian passenger car aftermarket, marking SSWL’s entry in North America. Wheels would be shipped by end of Jun 2015.
This order volumes are expected to go up to 40,000 wheels next year with total value of around $ 1 million per annum. The program will run for 5 years and resulting in volumes of 175,000 and revenue addition of $ 4.5 million.
“Apart from this, Steel Strips Wheels is also in advance stages of bagging an order from Polish aftermarket party for passenger car wheels. This compliments SSWL's strategy to increase its presence in the global aftermarket requirements,” said SSWL in a press release.
This order volumes are expected to go up to 40,000 wheels next year with total value of around $ 1 million per annum. The program will run for 5 years and resulting in volumes of 175,000 and revenue addition of $ 4.5 million.
“Apart from this, Steel Strips Wheels is also in advance stages of bagging an order from Polish aftermarket party for passenger car wheels. This compliments SSWL's strategy to increase its presence in the global aftermarket requirements,” said SSWL in a press release.