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Trelleborg Further Strengthens Presence in Brazil: Inaugurates New Plant for High-Performance Seals
FT. WAYNE, IN, Nov 20, 2009 (MARKETWIRE via COMTEX) --
Trelleborg Sealing Solutions, a worldwide leading supplier of
high-quality sealing and bearing systems, today announces 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 on November 16 inaugurated a new plant in Sao
Jose dos Campos outside Sao 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
Barsoe, 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 Paulo. The facilities manufacture
anti-vibration 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.
About Trelleborg Sealing Solutions
Trelleborg Sealing Solutions is one of the world's leading
developers, manufacturers and suppliers of precision seals. It
supports its aerospace, industrial and automotive customers through
over 20 production facilities and more than 40 marketing companies
globally. Within its portfolio are some of the longest established
sealing brands, including Busak+Shamban, Chase Walton, Dowty,
Forsheda, GNL, Palmer Chenard, Shamban, Skega and Stefa along with a
large number of proprietary products and materials such as Turcon(R),
Zurcon(R), Orkot(R), Isolast(R), Stepseal(R) and Wills Rings(R).
www.tss.trelleborg.com
About Trelleborg
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. www.trelleborg.com. For
further information, please contact:
This is information of the type that Trelleborg AB (publ) is
obligated to disclose in accordance with the Swedish Securities
Exchange and Clearing Operations Act and/or the Financial Instruments
Trading Act. The information was issued for publication on November
16, 2009 at 14:00 CET.
Media:
Vice President Media Relations
Mikael Sjöblom
+46 410 67015
+46 733 74 70 15
Email Contact
Investors/analysts:
Vice President IR
Conny Torstensson
+46 410 67070
+46 734 087070
Email Contact
Corporate Contact
Wendy Sack
Communications Manager
Telephone: +1 260 748 5895
Email: Email Contact
www.tss.trelleborg.com/us
PR Contact
Valerie Harding
Ripple Effect Communications
Telephone: 617-536-8887
Email: Email Contact
SOURCE: Trelleborg Sealing Solutions
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