Haldex establishes platform for further growth in Brazil


Haldex establishes platform for further growth in Brazil

Haldex do Brazil is preparing for growth in the South American markets
in the years to come. In order to take advantage of this opportunity
Haldex has decided to develop a new facility in São José dos Campos.

The activities in São Paulo and Flores da Cunha are going to be moved
starting in December 2011 and the activities at the present Rio de
Janeiro site starting January 2012. The project is planned to be
finalized by February 2012. Projects costs will be covered by the
improved cost structure from the centralized operations.

For further information, please contact:
Jay C. Longbottom, CEO and President, Haldex AB
Kristina Brink, Corporate Communications Manager, +46 (0) 418 476188 or
+46 (0) 705 909140

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