Raba inks $135 mln axle deal with Marmon-Herrington

Newswire

BUDAPEST, April 27 (Reuters) - Hungarian automotive parts maker Raba has signed a three-year, $135 million framework deal to supply axle parts for U.S.-based truck parts maker Marmon-Herrington, Raba said in a statement on Friday. Based on the deal, which supplements a late 2006 agreement, Raba will deliver axle parts worth at least $45 million a year between October 2007 and October 2010.

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