Braking systems major’s first plant in Thailand will manufacture braking systems for motorcycle manufacturers, starting with European and American producers.
24 Feb 2024 | 4156 Views | By Autocar Professional Bureau
Brembo, the global leader in braking systems, has begun construction of its first production site in Thailand. The investment, totalling approximately 40 million euros, reflects the Group’s strategy to expand its industrial presence globally and allows Brembo to seize new growth opportunities in the Southeast Asian region.
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Brembo, the global leader in braking systems, has begun construction of its first production site in Thailand. The investment, totalling approximately 40 million euros, reflects the Group’s strategy to expand its industrial presence globally and allows Brembo to seize new growth opportunities in the Southeast Asian region.
The new site will manufacture braking systems for motorcycle manufacturers in Thailand, starting with European and American producers. It will be located in the motorcycle industry hub of the country, situated in the Rayong province, south of the capital Bangkok. Once fully operational, the Brembo site will employ around 150 people.
“The opening of the new production site in Thailand is a crucial step in our global expansion strategy,” said Daniele Schillaci, Brembo CEO. “We strengthen our position in the key two-wheeler segment and consolidate Brembo’s role as a solution provider for our customers operating in the country. With this investment, we lay the groundwork for further developments of our business in the ASEAN region.”
On Friday, February 16, the local groundbreaking ceremony marked the commencement of construction work. The site is expected to be operational in the first quarter of 2025, covering an area of approximately 17,000 square metres on a plot of land spanning about 40,000 square metres, expandable up to 95,000 square metres to facilitate future expansions.
This project complements Brembo’s recent investments in the motorcycle market, including the acquisitions of SBS Friction in Denmark and J.Juan in Spain between 2020 and 2021. These acquisitions have enabled the Group to enhance its product offerings dedicated to two-wheelers. The motorcycle business currently accounts for approximately 13% of Brembo’s overall revenues
Brembo, which leads the world in the design and production of high-performance braking systems and components for top-flight manufacturers of cars, motorbikes and commercial vehicles, also competes in the most challenging motorsport championships in the world and has won over 600 titles. It employs over 15,000 people across 15 countries, across 32 production and business sites, 9 R&D centres and had a turnover of 3,629 million euros in 2022.