Brembo investing $115 million to expand Michigan site

Article by Christian A., on May 22, 2014

Brembo SpA has disclosed a $115-million expansion of its brake component site in Homer, Michigan that now allows the plant to build up to 12.5 million brake discs and 400,000 calipers and corner modules every year. Brembo executives told Automotive News in an interview that they expect North America to become the brake supplier’s largest global market this year, as they expect the European market to still stagnate.

Brembo executive deputy chairman Matteo Tiraboschi told Automotive News that sales in North America could grow 15 percent this year, after expanding 19 percent in 2013. Tiraboschi remarked that Brembo is growing very fast in the North American market, where it is doing significant business with Chrysler Group.

Brembo also includes Ford Motor Co. and General Motors in its customer list. It also supplies brakes to Ferrari, Porsche and Formula One race cars in Europe.

The Italian supplier has also expanded its product portfolio beyond the usual high-performance units like the Dodge Viper, Chevrolet Corvette and Cadillac CTS-V; it is now supplying brake components for Chrysler minivans and compact sedans.

Tiraboschi remarked that Brembo is now considering investments in the Mexican aftermarket, where it sees a very good growth in the coming years. [source: automotive news - sub. required]

If you liked the article, share on:

Comments

Recommended

During car crashes and accidents, there are times that its occupants can’t get out easily. There are times when the only way to get out of that situation is to...
by - February 23, 2017
Could this be a special version of Ferrari’s much acclaimed LaFerrari? No matter how we look at it, the patent images for this sports car from Ferrari indicate its striking...
by - February 23, 2017
How fast can a 2017 Chevrolet Camaro ZL1 actually go? Considering the amount of power lurking underneath its line-laden bonnet, the 2017 Camaro ZL1 is capable of achieving a top...
by - February 23, 2017
As it turned out, we’ll be seeing Toyota’s new super supermini at the 2017 Geneva Motor Show in March. It’s time we all get to meet the new Toyota Yaris...
by - February 23, 2017
Opel revealed it has sweetened the pot for 2017 Insignia Grand Sport customers with the Opel Exclusive program. Through this program, the brand hopes to introduce a wide selection of...
by - February 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries