Alyn Signs 3-Year Deal With Bolle

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.