Italian premium brakes maker Brembo, which supplies Tesla, Ferrari and other car companies, plans to expand one of its factories in the northern Mexican state of Nuevo Leon, government officials said.
According to Brembo officials, the state’s government has installed more than 70,000 vehicles, up from about 50,000 a year before.
Tesla was also ordered to make an opening at about 10,000 vehicles a day in the next two weeks. The automaker operates about 100,000 vehicles a week in the state.
Receive our breaking news newsletter. EmailThe company has operated since 2015 in Nuevo Leon state, which borders Texas, and where it employs 1,150 people at its Escobedo site, the Nuevo Leon governor’s office said.
“The local community is an incredible resource, with a great community of individuals taking over the city of Nuevo Leon, and they have worked hard to get our office here,” A.T. Schmitt, president and chief executive officer of the city of Nuevo Leon, said in a statement. “We encourage the citizens of Nuevo Leon to come here and learn from the local community.”
Elisabeth E. Lefort, head of the Elisabeth E. Lefort Community Center, the city of Nuevo Leon’s Nuevo Leon resident community center in Elisabeth M. Rosales’ Nuevo Leon neighborhood, told The Wall Street Journal that there are over a million people in Nuevo Leon.Brembo now plans to double the size of that factory, aiming to open around the second quarter of 2023, said a person with knowledge of the project.
“It’s a huge step towards reducing the size of the factory and opening it in the second quarter of 2023,” the person told Reuters.
The two-year project will include a third generation, with a 40-year-old, the model’s predecessor, a 50-year one.
The major change in size will be to add 50 new units each quarter, or half, at a cost of $13.3 million, with a further 10 units added every quarter for a total of $13.3 million.
The building is expected to cost $17 million – another $11 million to build – and will have a floor area of 3,000 sq metres.
The plan for the factory, which will have to wait for construction to begin in the second quarter of 2022, is to have the new factory’s current size estimated at around 21,000 sq metres, with a projected total floor area of 2,500 square metres.