REMATECNEWS 3-2011:REMATEC-1/2004
14-04-2011
sh brake ReMaTecNews. “As a result of the agreement with FTE and the establishment of SBS-FTE Manufacturing Corporation, we will increase our production capacity and strengthen our competitiveness. At the same time, we’re seeing new opportunities for selling our other products to new customers for whom FTE is a valuable and important supplier.â€? The move by SBS follows a year when the Svendborg-based company posted a twelve per cent increase in sales to almost DKK 1 billion (USD 190 million). The jump in sales was primarily due to the company’s activities within brake components for motorcycles and cars and distribution of automotive parts worldwide. Of this, brake calipers accounts for the biggest increase, 23 per cent, the highest ever for the segment. Scandinavian Brake Systems has remanufactured brake calipers in the town of Støvring in Northern Jutland since the 1990s.
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Honeywell expands in Slovakia Honeywell is planning to open a new turbocharger manufacturing facility in Presov, Slovakia. The new plant will initially produce turbochargers for light vehicle and commercial vehicle applications and is expected to be operational by 2012. Honeywell expects global vehicle production to increase in 2011 and beyond, and the turbocharger segment is expected to grow by more than 2 million vehicles in 2011 alone. In the next five years, turbo penetration is expected to nearly double as automakers turn to turbos to meet fuel economy and emissions regulations around the world. “The new plant in Slovakia further extends Honeywell’s leadership in the development of turbochargers,� said Alex Ismail, President and CEO of Honeywell Transportation Systems. “Turbochargers give car and truck-makers the flexibility to downsize their
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engines to increase fuel efficiency as much as 40 per cent. Honeywell expects to introduce more than 100 new turbo applications in 2011.
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