Reuters
Italian brake maker Brembo plans expansion in northern Mexico
Italian premium brakes maker Brembo, which supplies Tesla, Ferrari and other car companies, plans to expand one of its factories in the northern Mexican state of Nuevo Leon, government officials said on Thursday. The company has operated since 2015 in Nuevo Leon state, which borders Texas, and where it employs 1,150 people at its Escobedo site, the Nuevo Leon governor’s office said in a statement. Brembo now plans to double the size of that factory, aiming to open around the second quarter of 2023, said a person with knowledge of the matter.