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12-02-2009, 02:26 PM
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#1
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
Posts: 12,573
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Brembo going "Made in China"
Quote:
Brembo Signs Agreement to Establish New Manufacturing Hub for Brake Systems in China
December 2, 2009
By aftermarketNews staff
STEZZANO, Italy -- Brembo S.p.A. and Donghua Automotive Industrial Co., a member of the SAIC Group -- China's leading manufacturer of cars and commercial vehicles -- have signed a preliminary agreement for the purchase of foundry plants and equipments, in order to establish a new integrated Brembo manufacturing hub in Nanjing, including a foundry and a machining facility for brake callipers and discs for use in cars and commercial vehicles. The purchase is valued at EUR 8.5 million (approximately $13 million).
For this project, Brembo S.p.A. has formed a new fully owned subsidiary, Brembo Foundry Nanjing Co. Ltd., with share capital of RMB 100 million (equivalent to approximately $15 million).
The agreement will enter into effect on Jan. 15, 2010, following approval from Chinese authorities.
The new manufacturing hub will become operational in early 2010 and will include new machining facilities with the aim of developing an integrated industrial system capable of offering the Chinese market high-quality, high-technology brake systems.
In order to keep pace with the constant growth of the Chinese automotive market, which is expected to continue in the coming years, Brembo says it will further invest for the foundry about EUR 20 million (approx. $30 million) in the period 2011 through 2014. In the same period, the JV Brembo Nanjing Brake System (70 percent owned by the Brembo Group and 30 percent by Donghua) will invest additional EUR 20 million ($30 million) to expand current production capacity.
The JV Brembo Nanjing Brake System currently employs a staff of approximately 300 and is forecast to achieve EUR 22 million (approx. $33 million) in revenue and a positive EBIT in 2009.
Brembo expects to triple its output of brake discs and callipers by 2013.
The JV's main customers are BMW, Daimler, VW, Volvo, Iveco, MG, and Mitsubishi (the latter beginning in 2010).
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I give it 2 years before the name is tarnished.
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12-02-2009, 02:29 PM
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#2
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Join Date: Nov 2007
Location: Jackson, NJ
Posts: 1,749
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Aweeeeee c'mon now
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1983 camaro- Scrap
1988 camaro- Also scrap
'05 Silverado- You guessed it, scrap
1988 TRX 250R- Ported w/ high compression on 110 octane- Out 60' your LT1
Jersey Shore Street Car Takeover (JSSCT) Founder
Quote:
Originally Posted by LS1ow
and once i get PHB, what do i ajust it too?
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Quote:
Originally Posted by Jersey Mike
Seven.
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12-02-2009, 02:40 PM
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#3
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Mongo the Meet Coordinator
Join Date: May 2008
Posts: 16,938
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Huzzah!
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Quote:
Originally Posted by KirkEvil
repo bigals turd gen and part it out to a loving home
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12-02-2009, 03:37 PM
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#4
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Join Date: Jul 2008
Location: NJ
Posts: 819
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I lost faith when i was at a parade recently, and was handed a small American flag that had "Made In China" stamped on it.
America: Made In China
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12-02-2009, 03:38 PM
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#5
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Mongo the Meet Coordinator
Join Date: May 2008
Posts: 16,938
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Can you even make brake rotors and pads out of lead?
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Quote:
Originally Posted by KirkEvil
repo bigals turd gen and part it out to a loving home
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12-02-2009, 03:56 PM
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#6
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Mr Fantastic
Join Date: Aug 2004
Location: West Milford NJ
Posts: 7,917
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they say its mostly for the chinese car makers, I.E. brembo blank discs...but we'll see what happens when people start ordering parts and they come stamped MADE IN CHINA
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Matt
B18B1 FTW
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12-02-2009, 04:11 PM
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#7
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13 Second Club
Join Date: Jul 2004
Location: Ewing/Galloway, NJ
Posts: 3,904
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Germans will be confused, "Zwhat zis zthis zstuff, zchinese?"
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EB
99 Riviera, Bone stock, 14.34 @ 96 "Walking 5.0's in luxury" RIP
95 Cherokee, Bone stock 16.2 @ 83 "Treeing your 3rd gen and beating it to the line despite trapping less....and looking better"
93 TA, Bone stock, 13.8 @ 100 "Beating ****** drivers in ****** LS1's"
https://www.facebook.com/groups/285090241699967/
R.I.P. Tia 
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12-02-2009, 04:13 PM
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#8
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
Posts: 12,573
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Quote:
Originally Posted by Squirrel
Germans will be confused, "Zwhat zis zthis zstuff, zchinese?"
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Hal Baer must be grinning from ear to ear.
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12-02-2009, 05:18 PM
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#9
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Meet Coordinator
Join Date: Jan 2008
Location: brick/pt. pleasant beach
Posts: 19,368
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 lost another one to china
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12-02-2009, 05:28 PM
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#10
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
Posts: 12,573
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Quote:
Originally Posted by sweetbmxrider
pushed another one to china |
Fixed.
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12-02-2009, 05:56 PM
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#11
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Join Date: Apr 2006
Location: Point Pleasant
Posts: 1,809
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Speaking of china has anyone heard that apparently we've been looking the other way on asbestos regulations with the drywall they produce for us?
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-Vinnie
94 2wd SBSC Gmt400. 330CI LSX, Fast 102, Trickflow 205s, close ratio nv3500, 4.30/trutrac.
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12-02-2009, 06:16 PM
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#12
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
Posts: 12,573
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Quote:
Originally Posted by r0nin89
Speaking of china has anyone heard that apparently we've been looking the other way on asbestos regulations with the drywall they produce for us?
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Not what I heard. I heard it was poor QC on our part- which is a big faux pas when importing goods.
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12-02-2009, 08:14 PM
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#13
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8 Second Club
Join Date: Jun 2006
Posts: 4,315
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Quote:
Originally Posted by 91chevywt
I lost faith when i was at a parade recently, and was handed a small American flag that had "Made In China" stamped on it.
America: Made In China
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that there is just wrong!!!! jesus
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12-02-2009, 08:33 PM
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#14
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Admin.
Join Date: Aug 2005
Location: Hamilton, NJ
Posts: 20,165
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Vent Windows Forever!
The looser the waistband, the deeper the quicksand. Or so I have read.
Feather-light suspension, Konis just couldn't hold. I'm so glad I took a look inside your showroom doors.
Hey everybody, it's good to have you on the Baba-too-da-ba-too-ba-ba-buh-doo-ga-ga-bop-a-dop
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12-02-2009, 09:09 PM
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#15
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12 Second Club
Join Date: Nov 2004
Location: Haddon Twp NJ
Posts: 2,213
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Harley has been getting away with that stuff forever. Everything they make is made outside of America but since it's assembled here they can state manufactured in America but if you open the box it stamped made in china on the part. I don't blame companies for going overseas. I work in manufacturing the Chinese can make the parts for what we get material for. So before I even take the metal stock off the truck I spent more money then the Chinese do the whole job for. This is really hurting our econonmy. Luckly thig. Are starting to change and it will be cheaper for the good ol USA to make things then china.
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12-03-2009, 08:04 AM
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#16
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Join Date: Dec 2004
Location: Galloway, NJ
Posts: 3,964
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__________________
1996 Camaro C/S - 2/3 Corvette Engine
Quote:
Originally Posted by BigAls87Z28
Uh yeah, after they surprized buttsecks us at Pearl Harbor?
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12-03-2009, 08:24 AM
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#17
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Join Date: Mar 2009
Location: S. Orange
Posts: 140
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Lets reserve judgment until we see what they do with their new foundry.
If they use the China foundry to produce lower cost lower quality parts and still produce that high price high quality stuff in Europe, then it works out in Brembo's favor.
But as previously stated, if you open the package of your new $2500 GT brake kit and it say made in china...Brembo is F****d
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12-03-2009, 02:56 PM
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#18
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Join Date: Oct 2008
Location: Clayton
Posts: 521
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well if it says made in china, its getting repacked and sent back
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12-03-2009, 05:28 PM
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#19
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Join Date: Jul 2008
Location: NJ
Posts: 819
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