Alyn Signs 3-Year Deal With Bolle
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IRVINE — Alyn Corp., maker of advanced metal matrix composite materials, said Thursday it will make frames for Bolle Inc. sunglasses under an exclusive agreement.
Alyn said in a press release that over the three-year term of the contract, Bolle must purchase about $5 million in frames from Alyn to remain the exclusive worldwide customer for the specialty frames.
The agreement may be extended for three additional years, during which Bolle must purchase nearly $10 million in frames to maintain the exclusive customer relationship. That would give Alyn a $15-million contract for the six-year period.
Deliveries to Bolle, a wholly owned subsidiary of BEC Group Inc., are scheduled for the second quarter next year.
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