Commercial Vehicle Group Rolls with New Caterpillar Business
Commercial Vehicle Group, Inc. (Nasdaq: CVGI), a leading supplier of fully integrated system solutions for the global commercial vehicle market, has announced that it has been awarded a new contract to supply seating to the Caterpillar® Building Construction Products Division.
The seating, designed specifically to meet the needs of vehicle operators, will be used in small wheel loaders, small-tracked tractors and mini-hydraulic excavators.
CVG plans to produce the seats at the Company’s National Seating facility in Vonore, Tennessee. Production is expected to begin in the third quarter of 2013. Initial production under the new agreement will support Caterpillar facilities in North and South America.
Jerry Armstrong, President of CVG’s North and South America Seating & Trim Products, said, “We are very pleased to earn additional business with Caterpillar, a significant customer and one of the world’s premier equipment manufacturers. This new business fits perfectly into the diversification and growth strategy of CVG.”
Currently CVG manufactures vehicle seating in the United States, the United Kingdom, China, Mexico and Australia under the National Seating, Bostrom Seating®, KAB Seating™ and Stratos Seating® brands.
About Commercial Vehicle Group, Inc.
Commercial Vehicle Group is a leading supplier of a full range of cab related products and systems for the global commercial vehicle market, including the heavy-duty (Class 8) truck market, the construction, military, bus and agriculture markets and the specialty transportation markets. The Company’s products include static and suspension seat systems, electronic wire harness assemblies, controls and switches, cab structures and components, interior trim systems (including instrument panels, door panels, headliners, cabinetry and floor systems), mirrors and wiper systems, specifically designed for applications in commercial vehicles. The Company is headquartered in New Albany, OH with operations throughout North America, Europe, Asia and Australia. More info at: Commercial Vehicle Group.
Category: Cab, Trailer & Body New, General Update