Brembo, the manufacturer of automotive brake systems, especially for high-performance cars and motorcycles has officially opened its new Nanjing manufacturing centre in eastern China, concentrating its manufacturing activities in a single hub to better serve its Asian clients.
After 10 years of operation in China, Brembo has now concentrated all its activities into a 95,000 square meter area, integrating the various stages of production, with an investment of 70 million euro.
The plants employ 850 people, with expected employment of 1,000 when at full capacity.
With 41 production lines for brake discs and brake systems, as well as a foundry, Brembo expects to be able to produce about 6 million brake discs a year in Nanjing.
Last month the company said its net consolidated revenues amounted to €1,254.5 million, up by 16.7% compared to the previous year. Germany, in particular, increased by 15.6% compared to 2010 and confirmed its position as the Group’s number-one market (accounting for 21.8% of revenues).
The Indian market raced on, closing the year at +25.7% along with China, which grew 11.6%. The Japanese market grew 5.1%.
The Bergamo-based company, which posted a 17 percent rise in 2011 revenue to 1.25 billion euros, operates in 15 countries and has a strong presence in fast-growing emerging markets such as Brazil and India, as well as China.