Brose will invest MXN 404 million to expand its facility in Colón, Mexico, including acquiring an 800-ton press from Servornechanich for a project with Volvo.
Brose held a groundbreaking ceremony on March 6, 2020 for its first Serbian plant in Pancevo, which will make electric motors and electronics for cooling fan modules. The company approved EUR 120 million of investment and plans up to 1,100 new jobs, with mass production targeted by summer 2021.
Brose is investing $105 million over five years to expand its southeast Michigan operations, adding 300 jobs at its Auburn Hills headquarters and New Boston factory. The article also describes the New Boston factory expansion.
Brose Tuscaloosa will launch a $26.5 million expansion of its Vance plant next year, adding about 50 jobs. Tuscaloosa County approved tax abatements and incentives totaling $1.3 million, with construction expected to start by June and finish at year's end.