Elkhart, Ind.--CTS Corporation (NYSE: CTS) has announced that CTS Automotive Products was awarded a production program for its turbocharger sensor by one of the world’s leading manufacturers of turbochargers. These turbochargers will be used on light vehicle applications primarily in European markets.
The awarded program is for a unique linear design sensor for a twin stage turbocharger application to improve power, performance and fuel economy. Production is anticipated to begin late 2010 with initial revenues over the life of this five-year program to exceed $4 million, potentially doubling as these new systems become fully adopted. This sensor program award continues CTS’ growth in the expanding fuel economy and emissions-focused markets which are being driven by tightening global regulations.
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For more information on CTS’ sensors please contact Ray Blythe, Sensors Engineering Manager, at 574-389-2890.
CTS Automotive Products is a global leader in the design, test and manufacture of automotive sensors, accelerator pedal modules, actuators and subsystems. Recognized for its customer responsiveness and expertise in high-volume automotive packaging, CTS Automotive Products is focused on delivering value-added products and services to its expanding worldwide customer base. The Company manufactures automotive and related products in Elkhart, Indiana; Toronto, Canada; Glasgow, Scotland; Ostrava, Czech Republic; Matamoros, Mexico; Kaohsiung, Taiwan; and Zhongshan, China.
CTS is a designer and manufacturer of electronic components and sensors and a provider of electronics manufacturing services (EMS) to OEMs in the automotive, communications, medical, defense and aerospace, industrial and computer markets. CTS manufacture products in North America, Europe and Asia. CTS' stock is traded on the NYSE under the ticker symbol "CTS.” To find out more, visit the CTS Web site at www.ctscorp.com.
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