BREMBO INAUGURATES NEW NANJING PRODUCTION CENTER
25 Aprile 2012 - 9:45AM
Annunci Borsa (Testo)
BREMBO INAUGURATES NEW NANJING PRODUCTION CENTER
With an investment of 70 million Euros planned, the Group will
serve its European customers' plants that produce cars and
commercial vehicles in Asia. The center integrates a foundry and 41
production lines between brake discs and braking systems, as well
as a research and development center. Nanjing (China), April 25,
2012 The Brembo Group officially opened its new Nanjing
manufacturing center today in the presence of Brembo President
Alberto Bombassei and representatives of the Italian and Chinese
government. With more than ten years in the Chinese market, Brembo
has concentrated production activities of the Group into a single
area of 95,000 square meters on the outskirts of the city of
Nanjing. All stages of the production value chain, from arrival of
raw materials to shipment of finished products, have been
integrated into the new site for a total planned investment of 70
million euros. The plants employ 850 people (approx. 1000 at full
capacity) and, due to the 41 production lines (between brake discs
and brake systems) and the foundry, will be able to produce about
six million brake discs a year. "It's a great pleasure to
inaugurate this new production center in China, a country that
represents one of the most promising markets for the future of our
Group in Asia, considering the enormous potential of development of
the automotive industry," said Bombassei. "This facility represents
the commitment of Brembo on the market to meet our international
customers and offer a full range of specialized services, from
design to production." The Nanjing plant has been designed and
built in accordance with the very latest criteria to guarantee
quality, efficiency and care for the environment, with a view to
minimizing waste and maximizing the recovery of energy. Brembo in
China In 2000 Brembo broadened its horizons and entered China with
a joint venture with Yuejin Motor Group in order to create the
Nanjing Yuejin Automotive Brake System Company for the production
of braking system for cars and commercial vehicles. In February
2008, through Brembo China (JV signed in 2005 with SIMEST, a
publicprivate financial company) Brembo acquired 42.25% of the
NYABS. Thus, Brembo managed to hold, directly and indirectly, 70%
of NYABS Chinese investee beginning to constitute its main
industrial pole in China. In December 2009, Brembo S.p.A. and
Donghua Automotive Industrial Co., part of SAIC group (the first
Chinese manufacturer of cars and commercial vehicles), signed a
preliminary agreement to build a new integrated industrial hub in
Nanjing, including a foundry and a production facility for brake
calipers and discs, for car and commercial vehicles.
In January 2010, the agreement was ratified consolidating the
presence of the Brembo Group in China through the progressive
realization of the Nanjing center, which will be inaugurated in
2012.
About Brembo SpA Brembo SpA is the world leader and acknowledged
innovator of the disc brake technology for automotive vehicles.
Brembo supplies high performance brake systems - for the most
important manufacturers of cars, commercial vehicles and motorbikes
worldwide - as well as clutches, seats, seat belts and other
components for racing only. Moreover, Brembo is also a leader in
the racing sector and has won more than 200 championships. Today
the company operates in 15 countries of 3 continents, with 35
production and business sites, and a pool of more than 6700
employees, about 10% of whom are engineers and product specialists
active in the R&D. 2011 turnover is 1,255 million. Brembo is
the owner of the Brembo, Breco, Bybre, Marchesini, Sabelt brands
and operates through the AP Racing brand.
Contatti societari:
Investor Relations Matteo Tiraboschi Tel. +39 035 605 2899 e-mail:
ir@brembo.it www.brembo.com Direttore Comunicazione Thanai
Bernardini Tel. +39 035 605 2277 - Mobile. +39 335 7245418 e-mail:
press@brembo.it
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