In a recent announcement, Tesla CEO, Elon Musk, reported that Italian company Brembo has moved part of its production to Mexico in order to reduce costs and delivery time of brakes to the Tesla plant located in California.
The new Mexican-based subsidiary of the Brembo has developed its operation in Escobedo, Nuevo Leon, on a 35,000 sq m site. Approximately $36 million was invested in the new plant, which has also created 500 new jobs. The factory has the capacity to produce a maximum of 2 million pieces per year. This capability will be…
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