15 Million Euro Investment By TRW
TRW Automotive has opened a new 15,000 square metre state of the art braking friction manufacturing facility dedicated to the aftermarket. The 15 million Euro investment at Olvega, in Spain’s Castilla-Leon region, has been opened in to meet demand for TRW’s breakthrough heavy metal free Lucas brake pads. TRW now has nine dedicated European aftermarket manufacturing sites in addition to 23 OE braking, steering and suspension plants, supporting the company’s ambition to have the best original equipment based chassis systems programme in the aftermarket. Currently, production at Olvega is running at almost two million pad sets a year; at full capacity, the site will produce in excess of five million pad sets annually. The plant employs 200 workers.