TREMEC Nominated as Remarkable Investor

February 3, 2016



TREMEC – Swinging into high gear in Flanders, Belgium

For the fourth year in a row, Flanders Investment & Trade will hand out the ‘Investment of the Year Trophy’. This prize will be given to the most remarkable foreign investor in Flanders, Belgium. There are 9 nominees across three different Flanders Investment & Trade Awardcategories: ‘Europe’, ‘the Americas’, and ‘Asia, Africa and the Middle East’.

TREMEC has been nominated as Flanders’ most remarkable investor from across the Atlantic – and you can help the company win this award by voting. [Voting ended Friday, February 19, 2016]

Click here to see the TREMEC nominee video

Chosen from nine nominees, Nippon Shokubai has won the ‘Investment of the Year Trophy 2016. Click here to view

Nominees for the Americas award, pictured from left to right:

            Geert Verstraeten, Deloitte (award presenter), Luc Van Steenwinkel, Managing Director of Pfizer,

Hendrik Pecceu, Director of Engineering and R&D of TREMEC, Bernard Deryckere, CEO of Alpro

From the host web site:

Part of the Mexican KUO Group, TREMEC (Transmisiones y Equipos Mecanicos SA de CV) specializes in transmission systems for the automotive industry. The company’s products — which include manual transmissions, dual clutch transmissions, gears, shafts, clutches and more — are found in supercars and high-performance sports cars, as well as heavy-duty and commercial vehicles worldwide.

A world-class player, TREMEC is headquartered in Queretaro (Mexico), has an office for sales, marketing and engineering in Plymouth, Michigan (USA), and production facilities in Mexico, Belgium and India. In 2011, the company acquired the Flanders-based branch from the German company Hoerbiger Holding, and renamed it TREMEC Belgium.

TREMEC Belgium in facts and figures

  • Parent company: KUO Group
  • HQ: Mexico City, Mexico
  • Annual turnover: $US 25 Million (2015)
  • Established in Flanders since: 2011
  • Number of employees in Flanders: 113 + 100
  • Website: www.tremec.com

Gearing up for a great future

TREMEC’s factory in Zedelgem, near Bruges in Flanders, focuses on the niche market of automatic transmission systems for premium (sports) cars like Ferrari, McLaren, Audi RS, Maserati and Jaguar. In 2015, the Mexican parent company decided to turn its Flanders-based facility into its global R&D center for hi-tech transmission solutions.

Along with this decision comes an investment of no less than EUR 100 million, which will mainly be used to construct dust-free warehouses and testing facilities. The project, which covers applications of double clutch transmissions for both the European and North American car markets, also entails the recruitment of 100 new employees in Zedelgem.

Flanders and TREMEC

TREMEC’s decision to expand the R&D activities in Flanders underlines the advantages of the region’s highly skilled workforce. Antonio Herrera Rivera, CEO of the TREMEC Group: “The main reason we selected Flanders was the availability of competent engineers who are capable of developing these hi-tech products, and the presence of high level of automation. All of this constitutes a major competitive advantage.”

About Flanders Investment & Trade

The Foreign Investment Trophy is organized by Flanders Investment & Trade, the government agency of Flanders supporting Flanders-based companies doing business internationally and foreign companies looking to invest in Flanders.

For additional information, please contact Michael Kvicala, Marketing | Tel: (734) 456-3731 | michael.kvicala@tremec.com



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