Click image to enlarge

(Elkhart, Indiana) - CTS Automotive Products, a division of CTS Corporation (NYSE: CTS), signed two production contracts which could be worth up to $14 million over five years. The deals for CTS’s electronic throttle control accelerator pedal modules come from two new Chinese customers, one of which has a major market share, according to a news release from the company.

The pedals will be used on three different platforms on compact small family cars and light duty commercial trucks for delivery van applications. They will be built in CTS’ new facility in Zhongshan, China with the first deliveries starting in the second half of 2009.

Strong growth in Chinese automotive production over the next five years is anticipated, providing additional opportunities for CTS to expand its Asian customer base and grow in commercial vehicle markets.

“These two awards with Chinese automotive customers further support our diversification strategy of gaining new customers in new markets and geographies,” said CTS President and Chief Excecutive Vinod M. Khilnani. “In addition, our success over the last few years in capturing Japanese customers like Toyota and Honda, continues to lower our dependence on Big 3 customers, which now represent only 7% of total CTS sales.”

CTS Automotive Products is a global leader in the design, test and manufacture of automotive sensors, accelerator pedal modules, actuators and subsystems. The Company manufactures automotive and related products in Elkhart, Indiana; Toronto, Canada; Glasgow, Scotland; Ostrava, Czech Republic; Matamoros, Mexico; Kaohsiung, Taiwan; and Zhongshan, China.

Its parent company, CTS, is a leading designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services to OEMs in the automotive, computer, communications, medical, defense and aerospace and industrial markets. CTS manufactures products in North America, Europe and Asia.

For more information about the company visit http://www.ctscorp.com.