Bulten has been awarded an FSP (Full Service Provider) contract for supply of fasteners to a European automotive manufacturer which is also one of its existing customers.

The contract is a transfer of an ongoing FSP set up for two assembly plants and the annual order value is of approximately €60 million at full pace. Deliveries are estimated to start in the second half of 2020 and extend for a period of five years.

“It is clear that the knowledge and experience Bulten has built up over many years as a global manufacturer and FSP supplier to multiple customers was key to this award. The new contract will provide a good platform to deliver our unique services, our new technologies, and innovative and sustainable solutions for years to come,” says Anders Nyström, President and CEO of Bulten.