Knowsley brake disc maker Surface Transforms (ST) takes its order book close to £300m after winning a £100m contract with a US automotive maker.
Spread over six years the deal, with one of the biggest automakers in the world, will see ST become a tier one supplier. And what is particularly sweet for the business is that it will supply brake discs previously supplied by its main competitor.
Starting in 2024 this is the biggest contract ST has won in its history.
Surface Transforms plc (LON:SCE) are experts in the development and production of carbon-ceramic materials and the UK’s only manufacturer of carbon-ceramic brakes for automotive use.