CHICAGO Grede Holdings LLC, which manufactures
safety-critical cast iron components for the transportation and
industrial markets, has won a contract to produce front
knuckles and other chassis components for a Japanese original
equipment manufacturer (OEM).
The components were developed by Southfield, Mich.-based Grede to optimize mass
savings while meeting durability and load requirements, the
company said Aug. 19.
The contract is valued at $57 million over the life of the
program. Grede will produce the components at its
facility in Reedsburg, Wis.