Friday, August 21, 2009

CTS Corp. and ZF TVS (India) sign marketing agreement

INDIA: CTS Corp. announced that it has entered into a marketing agreement with ZF Electronics TVS, a designer and manufacturer of electrical and electronic products located in Madurai, India. The marketing agreement will allow CTS to market its successful line of automotive and electrocomponent products to new customers in India’s fast growing markets.

CTS will market its rotary and linear position sensors, ceramic fuel cards and other products in various market segments in India, with an initial focus on 4- and 2-wheeler automotive markets, which are experiencing strong growth.

“As electronic content in Indian automobiles grows and emission laws are being tightened through the implementation of Bharat Stage III and IV emissions norms, CTS’ products are an excellent fit for these applications. We look forward to partnering with ZF Electronics TVS to help support OEMs with advanced solutions, as they meet India’s growing transportation needs,” commented Vinod M. Khilnani, CTS Chairman and Chief Executive Officer.

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