Brembo has inaugurated its plant in Escobedo, Mexico, and also announced the company will begin construction on another new facility that will produce cast iron discs. The new plant will be adjacent to the one inaugurated in Escobedo.
The ceremony was attended by several Mexican and Italian authorities, including the Italian Secretary of State for Foreign Affairs Benedetto Della Vedova.
Escobedo is one of the company’s more modern aluminum caliper plants. Once fully operational, the plant will be capable of making two million aluminum calipers per year. The plant, which covers an area of 377,000 sq. ft., will add sales of over $100 million a year. About 500 new jobs also will be created.
As for the new facility, construction will begin soon and the plant will be operational by the end of 2017. The new project, with a $93 million investment, will have a melting capacity of approximately 100,000 tons per year and cover an area of 269,000 sq. ft. The new facility will employ approximately 200 people.
The production of the new plant will be dedicated to American, European and Asian original equipment manufacturers present in Mexico with manufacturing facilities.
Brembo is a manufacturer of brake systems for cars and motorcycles. The company is a supplier for many top-end companies, such as Ferrari and Porsche, and is used in Formula 1 racing.