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Brembo to invest for a new plant in Mexico
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Brembo Spa, the world leader and acknowledged innovator of disc brake technology for automotive vehicles, will build a foundry and a new production plant for aluminum calipers in Escobedo, Mexico.
The plant is expected to commence initial production in 2016 and be fully operational by the end of 2018.
Brembo's total investment in the facility from 2015 through 2017 will be $39 million (32 million euro).
The foundry will have a melting capacity of 14,000 tons and the machining facility will be capable of producing two million aluminum calipers per year. Once fully operational, the plant will bring $120 million (€100 million) of turnover per year to the group and two million calipers per year will be destined for the company's customers in the NAFTA region (Canada, USA, Mexico).
In 2014, the NAFTA region became Brembo's top market, with sales for the first nine months of the year increasing nearly 25 percent over the same period of 2013. For this reason, the group continues to expand in the continent in not only the USA, but also in Mexico, where the automotive market continues to grow.
Source: Aluplanet
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