Brembo inaugurates plant in Nuevo Leon, announces new US$ 95 million investment
As Italian brakes manufacturer Brembo inaugurated its US$ 36 million aluminum calipers plant in Mexico, the company also announced it will invest an additional US$ 95 million to build a new foundry for cast iron discs located next door to the calipers plant.
The plant is located in Escobedo, in the northern State of Nuevo Leon, and is one of the company’s most modern and cutting edge facilities. It features state-of-the-art manufacturing processes that combine high efficiency with the latest technically integrated solutions, Brembo said in a press release (PDF).
The 377,000 square foot plant will produce 2 million aluminum calipers annually and add more than US$ 100 million in sales a year, the company adds. Additionally, the facility will create about 500 new jobs.
The company also announced it will invest an additional US$ 95 million to build a new foundry for cast iron discs located next door to the calipers plant.
Construction on the new facility is expected to begin in a few weeks, and will be operational by the end of 2017, Brembo said. The facility will have a melting capacity of more than 100,000 tons per year and will cover an area of 269,000 square feet. Brembo also estimates the new foundry will employ about 200 people.
The new plant will produce cast iron discs to American, European and Asian original equipment manufacturers that have manufacturing facilities in Mexico.