CTS Awarded Global Accelerator Pedal Module Program

LISLE, IL -- CTS Corporation has been awarded a global accelerator pedal module program by a major automotive OEM headquartered in North America. Shipments are anticipated to commence in 2018, with total revenues expected to be approximately $28 million over the life of the program. CTS will produce the components in their facilities located in Asia, Europe and North America.

“We are pleased that CTS has been selected to provide a new accelerator module to an existing sensor customer of ours,” stated Kieran O’Sullivan, CEO of CTS Corporation. “Our established global footprint uniquely positions us to service the needs of our partner throughout the duration of this program.”

For more information, visit http://www.ctscorp.com

Suggested Articles

Fieldscale’s SENSE development platform will lower design time and costs, companies claim

Avnet posted GAAP earnings per share from continuing operations of 5 cents per share on sales of $4.5 billion, down from a year ago.

Data Center group reached 4Q record at Intel, at $7.2 billion