Sypris Awarded Long-Term Supply Agreement
Sypris Solutions, Inc. (SYPR)
US:NASDAQ Investor Relations:
sypris.com
Company Research
Source: Business Wire
Components for New Dual-Clutch Sports Car Transmission LOUISVILLE, Ky.--(BUSINESS WIRE)--Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has entered into a long-term contract to supply certain components for use in a new automotive transmission – an eight-speed, dual-clutch transmission for use in high-performance, transaxle applications. Production will begin in late 2019 for use in one of the most anticipated new sports cars in years. Terms of the contract were not disclosed.The new, advanced transmission features dual clutches that engage and release in perfect computer synchronization and can transition from one gear to the next without interrupting torque. The incredibly fast shift time is made possible through an integrated design approach that utilizes advanced proprietary software algorithms and other unique componentry.Paul Larochelle, Vice President and General Manager of Sypris Technologies, commented, “This im
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News
- Sypris Solutions, Inc. (NASDAQ: SYPR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Sypris Solutions (NASDAQ:SYPR) Is Experiencing Growth In Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Sypris Q3 Earnings Rise Y/Y on Defense Demand, 2024 View Updated [Yahoo! Finance]Yahoo! Finance
- Sypris Reports Third Quarter ResultsBusiness Wire
- Sypris Solutions, Inc. (NASDAQ: SYPR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
SYPR
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 11/4/24 - Form SC
- SYPR's page on the SEC website