Auto-component supplier KSPG books follow-up piston contract for over €170 million

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KSPG AG, a member of the Rheinmetall Group, has been awarded a follow-up contract to supply gasoline engine pistons for the 2-liter units of a well-known American OEM. The deal is worth over €170 million. The components will be produced at Kolbenschmidt's Mexican facility in Celaya for shipment to the customer's North American and European plants starting from 2017.

Benefiting from the current downsizing trend, four-cylinder, 2-liter engines are among this OEM's most successfully growing segments. The aluminium pistons ordered are from KSPG's Liteks lineup. Capable of high-duty operation, the engines, with their light weight and around 50 percent less friction, address the growing demands for a reduction in fuel consumption and emissions.

Besides its traditional I.C.-engine vehicles, the American customer builds special hybrid drive units which are also fitted with pistons from KS Kolbenschmidt.

Source: KSPG