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Hydro Signs Contract With Mercedes

A contract worth NOK 200 million per annum has been awarded to Hydro Automotive, as stated by the Norway Post. Mercedes Benz awarded this contract to Hydro Automotive for the purpose of delivery of bumpers for 400,000 cars per year. The goal for Hydro Automotive is to become the largest of all Europe in the production of car bumpers by the year 2005.