An official press release on May 21, 2014, announced an €83 million expansion of the Michigan facility. On December 2, 2014, Brembo announced plans to invest €32 million into a 31,500 square meter production facility, which is projected to produce 2 million aluminum calipers yearly. The current expectation is initial operation beginning in 2016 and full operation by the end of 2018.[4]