thyssenkrupp enters into new long-term contract with Sonaca

thyssenkrupp Aerospace, a company of the Business Area Materials Services, and Sonaca have agreed to cooperate closely over the coming five years. The aerospace experts of the thyssenkrupp Group are taking over the complete warehousing and supply chain management of Sonaca's Canadian branch in Montreal for aluminum products – from materials scheduling and processing to JIT deliveries. With operations in Belgium, Brazil, Canada, China and Romania, the Sonaca Group ranks among the world leaders in the development production and aircraft components

"We are very happy to have signed this contract. Working together with thyssenkrupp Aerospace will help us better meet our customers' needs," says Sylvain Bédard, CEO of Sonaca. thyssenkrupp, too, is convinced of the gains to be had from working with Sonaca. "The new contract concluded with Sonaca underscores that we are a reliable long-term partner for the aerospace sector. Both parties will benefit from this long-term relationship," states Laura A. Holmes, CEO of the Operating Unit Aerospace.

About thyssenkrupp Aerospace

thyssenkrupp Aerospace provides the world's leading aerospace companies with materials and supply chain management services. The multinational group operates from numerous locations in the Americas, Europe, North Africa and Asia Pacific. At home in all the world's aerospace manufacturing regions, the company's 1,800 employees aggregate demand across a single supply chain on behalf of the world's leading OEMs. At the same time, the thyssenkrupp Aerospace network supplies local services to meet the needs of aerospace subcontractors throughout the world.

About thyssenkrupp

thyssenkrupp is a diversified industrial group with traditional strengths in materials and a growing share of capital goods and service businesses. Over 156,000 employees in nearly 80 countries work with passion and technological know-how to develop high-quality products and intelligent industrial processes and services for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2015/2016 thyssenkrupp generated sales of around Euro39 billion.

Together with our customers we develop competitive solutions for current and future challenges in their respective industries. With our engineering expertise we enable our customers to gain an edge in the global market and manufacture innovative products in a cost- and resource-friendly way. Our technologies and innovations are the key to meeting diverse customer and market requirements around the world, growing on the markets of the future, and generating strong and stable earnings, cash flows and value growth.