Tomkins awarded remote tire pressure monitoring contract by GM.Business EditorsLONDON--(BUSINESS WIRE)--Dec. 11, 2001 Schrader Electronics, part of Tomkins Industrial and Automotive Division, has been awarded a contract to supply remote tire pressure monitoring systems ("RTPMS") to General Motors light truck platforms. The contract provides for the supply of RTPMS to future General Motor's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. light truck production and includes Opel and Fiat production in Europe and Isuzu and Subaru production in Japan for vehicles to be sold into the U.S. market. Schrader Electronics already supplies RTPMS to GM's Corvette corvette, small warship, classed between a frigate and a sloop-of-war. Corvettes usually were flush-decked and carried fewer than 28 guns. They were widely employed in escorting convoys and attacking merchant ships during the great naval wars of the late 18th and and Cadillac brands in the U.S. Schrader Electronics is based in Northern Ireland and is the market and technology leader in remote tire pressure monitoring systems. The RTPMS allows drivers to monitor their vehicle's 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. Such systems will be compulsory on all cars produced in the USA under the TREAD Act and are also being made available by car producers across the world. David Newlands, Chairman of Tomkins PLC, commented: "We are delighted that General Motors has selected Schrader for its light truck platforms. RTPMS is likely to become a standard safety feature in all vehicles during the next few years, not just in the USA where it will be compulsory. We anticipate that Schrader's leading technology will enable it to retain its market leader position in this significant new growth market." Tomkins is a global engineering group of businesses with market and technical leadership positions, manufacturing value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. systems and components for the automotive, industrial and construction industries. Tomkins shares trade in the US in ADR ADR - Astra Digital Radio form (each equal to four ordinary shares) on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol TKS TKS Thanks TKS Tokushima, Japan - Tokushima (Airport Code) TKS Time Keeping System (GPS) TKS Target Kill Simulator TKS The Knox School (Victoria, Australia) ; its ordinary shares are listed on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . |
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