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In FY99, relocation of EMR contract to Tempel resulted in $200K savings. Negotiating new 5-year terms for EMR/Temple contract. Exercised out clause for further savings. EMR considering outsourcing for Alloy Laminations.
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Sola/Hevi-Duty(3 Locations) FY 99: We moved our Tempel spend, $2.2M, to the EMR contract. (3%) Retroactive To January, Tore Up General Signal Contract Quoted our $2.2M LSI/GSEG contract with Tempel, savings ($200K). Exercised 365 day out clause, will move business to Temple 5/00. FY 99/00: Renegotiating 5 Year EMR/Temple Contract With Corporate and Motors Additional (1.5%) on existing business when LSI volume is moved 5/00. EMR motor company is considering additional outsourcing > $4M S221 Alloy Laminations, Stamped