NEWS
Key Tronic Corporation Awarded Major New Contract with Energy Resilience Technology Provider
Key Tronic (Nasdaq: KTCC) has secured a significant manufacturing contract with an energy resilience technology provider. The company will begin manufacturing an innovative energy resiliency product in the second half of 2025, with production taking place at facilities in Juarez, Mexico and Arkansas. The program is expected to generate annual revenue exceeding $60 million once fully ramped.
The partnership aims to accelerate new product introduction and enhance product availability to meet anticipated high demand. Key Tronic's President and CEO Brett Larsen highlighted that this strategic relationship represents an expansion of their customer base and is expected to contribute to profitable long-term growth. The product is designed to improve asset management and public safety through increased operational vigilance.
The partnership aims to accelerate new product introduction and enhance product availability to meet anticipated high demand. Key Tronic's President and CEO Brett Larsen highlighted that this strategic relationship represents an expansion of their customer base and is expected to contribute to profitable long-term growth. The product is designed to improve asset management and public safety through increased operational vigilance.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Spread kindness and love. Life is short. Don’t let greed eat you.
10K
Followers
60
Following
131K
Visitors
Follow
Market Insights
Discussing
Gold price hits new high! Safe havens in a turbulent market?
🎙️Discussion 1. The spot gold price climbed to an all-time high, with numerous institutions raising their gold price forecasts, how do you
Riddick705
Apr 9 22:07
Dont Get Smoked!