BREMBO TO INVEST € 74 MILLION
TO BUILD A NEW FOUNDRY IN THE USA
Stezzano, 23 July 2014 – Brembo has announced the construction of a cast iron foundry near its Homer facilities in Michigan, beginning the process of vertical integration of its production capacity in United States. Construction will begin in 2015 and is expected to be completed in 2017, allowing Brembo to bring together all phases of production in order to guarantee greater process efficiency.
Thanks to a € 74 million ($100 million) investment, Brembo will operate a modern foundry facility that, once it reaches full production capacity, will yield up to an annual output of 80,000 tons of brake disc castings. The foundry together with engineering and technical offices and warehouse space will cover an area of approximately 30,000 square meter and will create 250 jobs at the foundry and at the company’s Plymouth R&D Center and Headquarters.