Brembo, one of the leading braking systems company has opened its first production site in Thailand. The company says the investment, totalling approximately 40 million euros (Rs 350 crore), reflects its 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
Once fully operational, the Brembo site will employ around 150 people.
Daniele Schillaci, CEO, Brembo said, “The opening of the new production site in Thailand is a crucial step in our global expansion strategy. We strengthen our position in the key two-wheeler segment and consolidate Brembo’s…