Just another "why no more Brembo" thread...
#1
Just another "why no more Brembo" thread...
Not really. I am doing a industry paper on Auto parts manufacture's and found this article about Brembo.......
Damn steel prices!
Dateline: MILAN, Italy —
Brake manufacturer Brembo S.p.A. is closing three factories in Italy and shifting production to Poland to cut costs.
Brembo said it would keep three plants near the northern Italian city of Bergamo to focus on research and development as well as braking systems. Only one of its four disc plants will stay open, with the rest moving to Poland.
The company would not reveal how much it will save by shutting the Italian factories. But Brembo did say it was being squeezed by a jump in prices of raw materials, including steel.
Brake manufacturer Brembo S.p.A. is closing three factories in Italy and shifting production to Poland to cut costs.
Brembo said it would keep three plants near the northern Italian city of Bergamo to focus on research and development as well as braking systems. Only one of its four disc plants will stay open, with the rest moving to Poland.
The company would not reveal how much it will save by shutting the Italian factories. But Brembo did say it was being squeezed by a jump in prices of raw materials, including steel.
#2
Originally Posted by ChazM
Not really. I am doing a industry paper on Auto parts manufacture's and found this article about Brembo.......
Damn steel prices!
Damn steel prices!
#3
Originally Posted by RBull
Yep, a lot of it is the huge demand by the burgeoning economy of China and their insatiable appetite for various commodities including steel and oil. They are building the equivalent of the city of Toronto every 3 months.
#4
Originally Posted by 2002ap1
Tell me about it...even what we are getting paid for scrap is through the roof. The fluctuating prices are both good and bad for the industry and companies alike. The buying binge China was on has slowed some, which has helped prices level off a bit (still quite high), but who knows how long it will be until they are back at it again.
#5
Rotors are cast grey iron [in various quality grades] not steel.
Steel is significantly more non heat conductive.
Raw materials are less than 16% of finished rotor cost --------labor cost in Italy.
Why Chinese rotors sell for $22 delivered in US.......no SS, no pensions, no health, 64 -88 cents per hour factory wage.
http://www.businessweek.com/magazine...9/b3911401.htm
Poland is 1/4 of Italy in factory wages still 3 times more expensive than China.
Steel is significantly more non heat conductive.
Raw materials are less than 16% of finished rotor cost --------labor cost in Italy.
Why Chinese rotors sell for $22 delivered in US.......no SS, no pensions, no health, 64 -88 cents per hour factory wage.
http://www.businessweek.com/magazine...9/b3911401.htm
Poland is 1/4 of Italy in factory wages still 3 times more expensive than China.
#6
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Originally Posted by GZire
The big build boom that drove the steel prices up is supposed to have let up, so near the end of the summer we should be seeing the steel prices drop back down to sane levels.
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#8
Steel is made from iron.
I went to China last fall and there was construction everywhere. The streets are mad chaos w/ all the cars and crazy drivers. I think the world is doing a very bad thing by investing all this money into China. Sure, they make crappy quality parts but they are cheap, so everyone makes their products there, but it's just part of their plan...once they have the world in their grasp, they are going to take over by raising their build quality and becoming the next Japan.
I went to China last fall and there was construction everywhere. The streets are mad chaos w/ all the cars and crazy drivers. I think the world is doing a very bad thing by investing all this money into China. Sure, they make crappy quality parts but they are cheap, so everyone makes their products there, but it's just part of their plan...once they have the world in their grasp, they are going to take over by raising their build quality and becoming the next Japan.
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Originally Posted by uclabruins
maybe not for car parts, but the overall quality of products made in china is very good these days. it used to be very bad, but quality has improved greatly in the past several years.
2002ap1... sent u a pm
#15