Press Release: Joint venture Brembo SGL Carbon Ceramic Brakes (BSCCB) to expand production capacity in Germany and Italy
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Joint venture Brembo SGL Carbon Ceramic Brakes (BSCCB) to expand production capacity in Germany and Italy
- Brembo SGL Carbon Ceramic Brakes expands production capacity to meet growing market demand for carbon ceramic brake discs for passenger cars and commercial vehicles
- The expansion will take place at both production sites, in Stezzano and Meitingen
SGL Carbon and Brembo agreed to expand production capacities for the joint venture Brembo SGL Carbon Ceramic Brakes (BSCCB). Both companies have been working together with BSCCB on the conditions and implementation plans for this in the preceding months. BSCCB will invest around €150 million until 2027 to expand by more than 70% production capacities at the sites in Meitingen (Germany) and Stezzano (Italy).
The capacity enlargement includes the construction of two new production facilities at the SGL Carbon Meitingen site with a total area of around 8,500 m² and the installation of new production machinery. The groundbreaking in Meitingen will take place this fall.
At the Stezzano site, production areas will be extended by around 4.000 m² to existing buildings and investments will be made in new production machinery.
The extensive expansion of production capacities will enable Brembo SGL Carbon Ceramic Brakes (BSCCB) to meet the high market demand and to cover the increasing customer requests in the future. The need for carbon ceramic brake discs from BSCCB increased worldwide. This is mainly due to the high product quality and performance of carbon ceramic brake discs, which meet the specific requirements of automotive manufacturers, especially in the premium and luxury segments, where high braking performance is needed.
The agreed capacity expansion is an important milestone for the joint venture, which was concluded in 2009. Dr. Martin Gruhlke, Chairman of the Board of Directors BSCCB S.p.A.: “I am proud of our joint venture and the fruitful collaboration of the two shareholders. The development shows that the combination of knowledge and capabilities of both shareholders pays off. Furthermore, we have a great BSCCB team that works hard for the success. With the expansion, we continue to be a reliable partner and meet future customer demand for our high-quality products.”
Kind regards, SGL CARBON SE Capital Markets & Communications Phone +49 611 6029-103 Fax +49 611 6029-101 press@sglcarbon.com SGL CARBON SE Soehnleinstrasse 8 65201 Wiesbaden / Germany
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SGL Carbon
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SGL CARBON SE, Soehnleinstrasse 8, 65201 Wiesbaden/Germany, Phone +49 611 6029-0, Fax +49 611 6029-101, www.sglcarbon.com
Chair of the Supervisory Board: Prof. Dr. Frank Richter, Board of Management: Dr. Torsten Derr (Chairman of the Board of Management), Thomas Dippold
Company headquarters: Wiesbaden, Registration court Wiesbaden, HRB 23960
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