Sypris Wins Long-Term, Sole-Source Contract Extension to Supply Drivetrain Components for Commercial Vehicles

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Mar 08, 2022

Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has entered into a long-term, sole-source contract extension to provide drivetrain components for use in the production of medium and heavy-duty commercial vehicles, effective for shipments beginning in the first quarter of 2022. In addition, the Company was awarded a new program to supply components for use in the production of side-by-side all-terrain vehicles. Terms of the agreements were not disclosed.