Haldex Signs Deal For Supply Of ABA
News: Swedish supplier Haldex and an undisclosed global truck manufacturer have signed a Long Term Agreement (LTA) for the supply of Haldex's automatic brake adjuster (ABA). The five-year deal has a total value of SEK350mn (US$52mn). Haldex claims that it has supplied the manufacturer since the early 1970s. The ABAs are manufactured in Sweden, the US, Brazil, India and China and cater to customers on a regional basis.