Brembo breaks out $115M Michigan plant expansion

Filed under: Plants/Manufacturing

Dodge Challenger SRT392 Brembo brake caliper

Brembo has announced a major, $115-million investment in its Homer, MI factory (don’t feel bad if you have no idea where Homer is, your author, a life-long Michigander, had to look it up on a map). The plant is about a 70-mile drive from Brembo’s North American research and development headquarters in the Detroit suburb of Plymouth.

Production of brake rotors will be increased by 25 percent, to 12.5 million units per year, up from 10 million in 2013. The facility will also see its caliper and corner assembly capacity increase by a third, from 300,000 to 400,000 per year. This marks the third consecutive year of expansion at the plant, and the fourth since Brembo took possession of the facility from Hayes-Lemmerz in 2007.

The move is a clever one for Brembo, which sees North America becoming its largest market this year, following a 2013 that saw profits in the New World jump 19 percent.

“That’s good growth,” Matteo Tiraboschi told Automotive News. “Brembo is growing very fast in this market.”

While we all know Brembo for its efforts in performance vehicles – its most visible market – the brand is a major supplier to more mundane offerings. It’s a major partner of Chrysler, supplying components for the manufacturers minivan and compact fleets.

Take a look below for the official press release from Brembo.

Continue reading Brembo breaks out $115M Michigan plant expansion

Brembo breaks out $115M Michigan plant expansion originally appeared on Autoblog on Mon, 26 May 2014 15:03:00 EST. Please see our terms for use of feeds.

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