Haldex R&D center at the MIRA Technology Park officially opened

MIRA Technology Park in Hinckley, UK, has announced the latest globally-recognized businesses to be based at the site. One of the completed and opened buildings is the 25,500 sq ft bespoke facility that is housing the new Haldex R&D center.  

The R&D Centre creates a European research and development base for Haldex’ global product offer, and will include laboratory facilities as well as providing Haldex engineers direct access to MIRA’s own test facilities and engineering expertise. The new facility is housing a fully equipped state of the art design and simulation center, full validation laboratory with integrated electromagnetic compatibility (EMC) facilities and a series of garage workshops housing multiple development vehicles.

Bo Annvik, President and CEO, Haldex, said: “Our new UK R&D center highlights Haldex’ continued strategic intention of providing innovative product solutions, and is a key step in supporting our development that will benefit both Haldex and our customers. MIRA’s test track is one of the most used test tracks within Haldex today. With the new building in place, engineering and testing will be co-located which will result in shorter development cycles and improved customer responsiveness.”

In addition to Haldex, companies such as GKN, Continental Tyre Group Ltd. and Goodyear all have taken space at MIRA Technology Park within a newly-created and bespoke multi-tenant building, which has already been completed at the site. The opening of the buildings was also buoyed by the announcement that MIRA Technology Park will expand in size to a proposed two million sq ft and a GBP 12.9 million investment in infrastructure to expedite growth within the site,

George Gillespie OBE, CEO at MIRA, said: “We are delighted to be able to announce the arrival of several new globally-recognised tenants at MIRA Technology Park. By taking space at MIRA Technology Park, they are quite literally placing themselves at the heart of Europe’s automotive and development industries.

“The MIRA Technology Park story is really gaining traction, and we’re excited to begin the next phase of the development with the build of key infrastructure now underway. The site has been purposely created to offer international businesses the ideal location for their R&D operations, and – with the creation of a further 100 jobs through the introduction of Haldex, GKN, Continental Tyre Group Ltd. and Goodyear – the vision really is underway.”

The press release from MIRA Technology Park’s is available at http://www.mira.co.uk/news-and-events

For further information, visit www.haldex.com or contact:

Bo Annvik, President & CEO

Phone: +46 418-476000

Catharina Paulcén, SVP Corporate Communications

Phone: +46 418-476157

E-mail: catharina.paulcen@haldex.com

About MIRA

MIRA Ltd is a world-leader in advanced engineering, research and product testing. For almost 70 years it has grown into a truly international organization with facilities located around the world. MIRA’s work spans the Automotive, Defense, Aerospace and Rail industries and includes the development of ground-breaking low carbon and autonomous vehicle technologies.

About Haldex

With more than 100 years of intensely focused innovation, Haldex holds unrivaled expertise in brake systems and air suspension systems for heavy trucks, trailers and buses. We live and breathe our business delivering robust, technically superior solutions born from deep insight into our customers’ reality. By concentrating on our core competencies and following our strengths and passions, we combine both the operating speed and flexibility required by the market. Collaborative innovation is not only the essence of our products – it is also our philosophy. Our 2,235 employees, spread on four continents, are constantly challenging the conventional and strive to ensure that the products we deliver create unique value for our customers and all end-users. We are listed on the Nasdaq Stockholm Stock Exchange and have net sales of approximately 4 billion SEK.

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About Us

Haldex develops, manufactures and distributes products for brake and suspension systems for commercialvehicles. Our customers include manufacturers of heavy trucks, buses and trailers, and axle manufacturersfor these types of vehicles. Other applications as agriculture and special vehicles are also served. Theproduct portfolio comprises all of the main components and sub-systems included in a complete brake orsuspension system. Haldex, with headquarters in Landskrona, Sweden, has a global presence in terms of sales, research, development, technical serviceand production. Net sales amounted to approximately 3.9 billion SEK in 2013. Manufacturing takes place inSweden, Germany, Hungary, China, India, Brazil, Mexico and the USA. The company employs 2 135 people.

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