# Fersa Bearings becomes official Daimler bearing supplier, expands Zaragoza plant

Fersa Bearings signed an agreement to become an official supplier of axle bearings to Daimler Germany and expanded its Zaragoza plant with an investment greater than 4 million euros.

- Type: Contract
- Announced: 2019-03-07
- Where: Zaragoza, Spain
- Value: $4.50M (4.00M EUR)
- Status: announced
- Capacity: New production line increases factory capacity by 20%
- Products: high precision bearings, axle bearings for commercial vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Daimler](https://endata.com/companies/3543.md) (customer)
- [Fersa Bearings](https://endata.com/companies/4722.md) (supplier)

## Sources

- [fersa.com](https://www.fersa.com/en/news/daimler-germany-chooses-fersa-bearings-as-its-official-supplier/), 2019-03-07: "We have signed an agreement with the automotive giant Daimler to become an official supplier of bearings for the axels of commercial vehicles such as the Actros."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.