Chassis Brakes International To Begin Production In NAFTA Region

FARMINGTON HILLS, Mich., Jan. 9, 2018 /PRNewswire/ -- Chassis Brakes International, one of the world's largest manufacturers of automotive brake systems and components, will begin production of brake calipers and rotors at a new plant in Queretaro, Mexico, for two major automakers with assembly operations in Mexico and the United States.

Volume production at the new facility will begin in April. The 100,000-square-foot plant is expected to have more than 200 employees when production capacity reaches 8,500 units per day in 2020.

"We are establishing production in North America to meet the needs of our automotive customers in the NAFTA region," said Dennis Berry, president for the company's Americas region. "Our goal is to not only support existing business, but also to grow organically across customer lines and industry vehicle segments."

The Queretaro plant is Chassis Brakes International's first North American manufacturing facility. Berry noted that the company plans to double the size of the plant over the next five to six years and is looking at additional production sites to support sales growth in the NAFTA region as well.

Chassis Brakes International is one of the world's largest manufacturers of automotive braking solutions. The company produces disc brakes, drum brakes, electro-mechanical parking brakes and rotors for passenger cars and light commercial vehicles.

The company's customer portfolio includes all of world's major automakers in Europe, as well as leading automotive manufacturers in the Asia-Pacific region and North America. PSA Peugeot-Citroën, Toyota, Ford, Daimler, Renault, Fiat Chrysler Automobiles (FCA) and BMW are among the company's list of customers.

About Chassis Brakes International

Chassis Brakes International benefits from expertise gained through more than 90 years in the foundation brakes industry under different banners. Since June 2012, the group has been part of KPS Capital Partners, LP portfolio companies.

The company has a global footprint with operations in Europe, Asia, South Africa, North and South America. It employs 5,500 people in 16 countries at 13 manufacturing sites and 10 engineering centers or sales offices.

More information is available at www.chassisbrakes.com.

SOURCE Chassis Brakes International

Related Links

http://www.chassisbrakes.com