Braking solutions manufacturer to open plant in Queretaro
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Chassis Brakes International, one of the world’s largest manufacturers of automotive braking solutions, announced the opening of a new plant in Queretaro, a city that hosts a cluster of automotive companies.
The new plant is estimated to be ready for production with first samples out in the second quarter of 2017 and start of production in April of 2018.
The plant occupies 6,300 square meters of manufacturing space, with the potential to increase the footprint by an additional 12,000 square meters in the future. More than 250 jobs would be created by 2020, according to a press release.
The new plant is expected to reach a production capacity of up to 9,200 brakes per day in 2020.
Dennis Berry, President Americas of Chassis Brakes International, said “Following the creation of Chassis Brakes International USA Inc. in January 2015, this new step underlines our commitment to support all our customers in North America as well as it shows the company’s strong willingness to grow in NAFTA in all vehicle segments.”
About Chassis Brakes International manufactures disk brakes, drum brakes, electro-mechanical parking brakes and rotors for passenger cars and light commercial vehicles.
Chassis Brakes International benefits from a strong expertise gained throughout more than 90 years in the foundation brakes industry under different banners. Since June 2012, the Group has been part of KPS Capital Partners, LP portfolio companies.
Chassis Brakes International has a global footprint with operations in Europe, Asia, South Africa, North and South America. The Group employs 5,500 people in 16 countries at 13 manufacturing sites and 10 engineering centers or sales offices.