ANTRIM, Northern Ireland (Dec. 12, 2001)—The Schrader Electronics unit of Tomkins P.L.C. has won a contract to supply its Gen II tire pressure monitoring sensor for General Motors Corp. light truck platforms destined for sale in the U.S. The contract covers North American built GM pickups and sport utility vehicles as well as several car and SUV models produced in Europe and Asia under the Fiat, Opel, Subaru and Isuzu brands for sale in the U.S.
While not disclosing the exact value of the contract, Carl E. Wacker, worldwide manager of sales and marketing for Schrader Electronics, said Reuters reports valuing the pact at about $72 million annually are in the ballpark.
Schrader Electronics is more than doubling its sales annually of the remote devices, which utilize rubber valve stems produced by sister division Schrader-Bridgeport International Inc., Mr. Wacker said.
The Gen II system allows drivers to monitor tire pressures by using electronic sensors attached to the tire valves to transmit pressure data from each wheel to displays on the dashboard or rear view mirror.