16 November 2009 – Trelleborg continues its long-term strategy to invest in markets with favorable growth potential. The Group is now poised to further strengthen its presence in Brazil and will today inaugurate a new plant in São José dos Campos outside São Paulo. The facility manufactures high-performance seals for such items as aircraft and passenger cars, as well as for industrial applications. The plant is part of the Trelleborg Sealing Solutions business area and it will initially employ about 100 staff.
“We believe that Latin America has highly favorable long-term growth opportunities, and Brazil is one of the principal countries in the region,” says Trelleborg’s President and CEO Peter Nilsson. “Between the years 2005 and 2008, we doubled our sales in Brazil and it is our view that the overall potential in the area remains good.”
“Demand for high-performance seals is favorable in many industries, such as the aviation and passenger car industries,” says Claus Barsøe, Business Area President, Trelleborg Sealing Solutions. “In applications for biofuels for vehicles, we have, for example, developed seals that can be used in vehicles that use only ethanol and in vehicles that use both ethanol and gasoline. The development of these seals is a highly important step and means that we can now offer the global automotive industry, including the increasingly important automotive industry in Brazil, products and solutions that are unique in the market.”
Trelleborg in Brazil
Trelleborg has two production units in Brazil, both in the region surrounding Sao Paolo. The facilities manufacture antivibration products for the automotive industry and high-performance seals, respectively, for the aerospace and passenger car industries, among others. Trelleborg has approximately 950 employees in Brazil and sales in 2008 amounted to about SEK 1.2 billion.
Trelleborg is a global industrial group whose leading positions are based on advanced polymer technology and in-depth applications know-how. We develop high-performance solutions that seal, damp and protect in demanding industrial environments. The Group had annual sales during 2008 of approximately SEK 31 billion, with about 20,000 employees in 44 countries. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems. The Trelleborg share has been listed on the Stockholm Stock Exchange since 1964 and is listed in the OMX Nordic List, Large Cap.
MEDIA CONTACT
Mikael Sjöblom, Vice President Media Relations
+46 410 67015, +46 733 74 70 15
mikael.sjoblom@trelleborg.com
INVESTORS/ANALYST CONTACTS
Conny Torstensson, Vice President IR
+46 410 67070, +46 734 087070
conny.torstensson@trelleborg.com
