Brose Fahrzeugteile GmbH & Co. KG Business Report FY ended Dec. 2012

Business Highlights

Financial Overview

(in million EUR)
  FY ended Dec. 31, 2012 FY ended Dec. 31, 2011 Rate of change (%) Factors 
Net Sales 4,495 4,032 11.5 -


-The Company announced that its plant in Sta. Margarida (Spain) has been honored with the "World Excellence Award" from Ford. This is the fifth time in the last seven years that Brose Sta. Margarida has received the award. The Company's location in Sta. Margarida has supplied Ford with door systems since 2005 and window regulators since 2010. Over the last six years, the Company has received 12 awards from Ford. At present, the Company supplies window regulators, door, seat and closure systems, as well as electronics, electric motors, drive train actuators, drives for HVAC blowers, electric power steering motors and systems for the touch-free opening and closing of liftgates for 34 Ford and Lincoln vehicle models from 21 plants in Europe and overseas. (From a press release on June 19, 2012)

-The Company announced that it has received a Key Supplier award for window regulators from PSA Peugeot Citroen. (From a press release on March 28, 2012)


R&D Structure

-Approximately 7% of turnover is invested in product development and state-of-the-art production technologies each year. Some 2,500 engineers and technicians worldwide work on continual development of our products and processes.

Investment Activities

Capital Expenditures

(in million EUR)
  FY ended Dec. 31, 2012 FY ended Dec. 31, 2011 FY ended Dec. 31, 2010
Overall 311 300 186

Investment in Germany

-The Company announced that it will set up a new location in Bamberg, Bavaria, Germany. The purchase agreement initially for 75,000 square meters of land was signed. This transaction includes an option to acquire more land. Current plans foresee the construction of various office and production buildings in three stages. Some 500 employees will begin working in the first building as from 2014. Final completion of the development is to create 1,200 jobs and investments are to exceed EUR 200 million. (From a press release on May 25, 2012)

Investment Outside Germany

-The Company announced that it has opened its seventh Chinese production facility in Beijing. In addition to Shanghai, this is the second Asian plant of the mechatronic specialist to produce door systems. The Company already began producing door systems in the 14,000 square meter production plant in the Daxing district of south Beijing last spring – for the C and E-Class and GLK models of Beijing Benz Automotive Co. Ltd. (BBAC). Besides producing door systems, the Beijing factory will also begin producing window regulators for BAIC before the end of the year. Further projects for various local and international customers will be starting in 2013. The workforce at the Beijing location is poised to rise from the current 80 to 110 by the end of the year; by 2015, it is anticipated that some 260 employees will be generating sales of around RMB 750 million. (From a press release on October 23, 2012)

-The Company announced that it opened a new production facility in Chongqing, China. From the new plant, the Company supplies car manufacturers in Chongqing and Chengdu, Sichuan Province, with seat, door and closure systems, cooling fan modules as well as HVAC blowers. The Company is now present in China with seven locations in five automotive hubs: Shanghai, Changchun (Jilin Province), Wuhan (Hubei Province), Beijing and Chongqing. (From a press release on July 27, 2012)

-The Company announced that it will set up a new plant in New Boston, Michigan, the U.S. for the production of door and seat systems, which will go operational in 2013. Besides its North American headquarters in Auburn Hills and manufacturing plant in Jefferson, New Boston will be the Company's third location in Michigan and its ninth in the North American region. From its plant in New Boston, the Company will supply door systems to the Chrysler assembly plant in Toledo/Ohio and seat adjusters for several of Ford's new vehicle models. (From a press release on May 16, 2012)