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Electronics Production |

CTS to produce smart actuators

CTS Automotive Products has been awarded a major new production program for a smart actuator by a global diesel engine manufacturer.

The smart actuator is used as a key part of a turbocharger system on diesel engines, primarily for medium-duty diesel trucks sold in the North American market. Production is anticipated to begin mid 2012 with total revenues over the life of the six-year program to be approximately $50 million. The market for smart actuator technology in commercial and passenger vehicles is growing rapidly and is estimated at approximately $1 billion within the next few years. The awarded program is part of the family of brushless motor-based, smart actuators that CTS has developed in response to this growing market opportunity.

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April 15 2024 11:45 am V22.4.27-2
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