Haldex has secured an order for a new design of Air Disc Brakes from SAFHolland,
a global manufacturer of trailer axles and suspension systems
The total order value is estimated to approximately SEK 1,000 million over a
five year period. In addition the order will generate aftermarket deliveries for
many years to follow. Deliveries will start in 2011 and the brakes will be
manufactured in Haldex plant in Landskrona, Sweden
The new Air Disc Brake design, ModulT, is significantly lighter than a
conventional Air Disc Brake and provides the end user with a reliable and robust
design. The weight savings are up to 15% compared to current designs which will
allow a higher pay-load of the vehicle and thus have a positive contribution to
Haldex CEO Joakim Olsson states “this is a major break through for our Air Disc
Brake product line where we have taken advantage of all the experience from the
existing disc brake model, which in combination with new techniques allowed us
to design a competitive brake for demanding customers”.
Haldex (www.haldex.com), headquartered in Stockholm, Sweden, is a provider of
proprietary and innovative solutions to the global vehicle industry, with focus
on products in vehicles that enhance safety, environment and vehicle dynamics.
Haldex is listed on the Nasdaq OMX Stockholm Stock Exchange and had net sales of
nearly 5.5 billion SEK in 2009. The number of employees amounts to about 4,000.
Haldex discloses the information in this press release according to the Swedish
Securities Market Act and/or the Swedish Financial Trading Act. The information
was provided for public release on Monday July 12, 2010.
This information was brought to you by Cision http://www.cisionwire.com
Joakim Olsson, President and CEO
Tel: 46 (0)8-545 049 52
Copyright Business Wire 2010