Brembo Joins Ford Preferred Supplier List
CURNO, BERGAMO, ITALY – September 3, 2010: The Ford Motor Company has included Brembo SpA in its global Aligned Business Framework (ABF), a list of suppliers selected by the US corporation with the long term objective of developing a business rapport based on partnership and even closer cooperation.
ABF companies enter into long-term relationships with Ford to strengthen collaboration and drive mutual profitability and technology development. Brembo was named an ABF supplier as Ford consolidates global vehicle platforms and engine architectures while increasing part commonality across its product line. Ford is growing in its traditional home base of the US and Europe to the emerging markets of Brazil and China, where sustained growth is forecast over the coming years.
Brembo maintains a manufacturing presence in 12 countries on 3 continents. Along with other preferred suppliers in the ABF, Brembo will be able to build an even closer relationship with Ford, including the opportunity — in a long-term scenario of partnership and research — to share information on new products and business plans. The aim is to collaborate with Ford in developing a global portfolio of high quality automotive products.
The Ford Aligned Business Framework was set up in 2005. Last year, approximately half of Ford’s global production purchases were sourced to ABF suppliers, up from 34 percent in 2006. Today, Brembo supplies Ford with brake discs for the Focus, Fusion and MKZ - Lincoln and with brake systems for the Ford Mustang Shelby GT 500 and Ford Mustang GT (as optional) in the US.