FERSA
The history of Fersa Bearings begins in 1968 when two family owned businesses, in the automotive sector, decided to join forces and create A&S Fersa.
A&S Fersa’s success of this last decade stems from three principal strategies: aggressive R&D investment; the complete modernization of all manufacturing processes; and the implementation of a corporate culture synonymous with continuous innovation and passion for quality.
Since 2003, investment in R+D equipment and personnel has been equivalent to 5% to 6% of annual sales. The incorporation in 2001 of new partners was essential to the modernization of the productive processes, which meant not only the construction of a new manufacturing plant in Zaragoza, Spain, but also new automatic manufacturing and assembly lines with the latest European generation technology in this field.
These aggressive investment into Research, Development and plant infrastructure have been essential in obtaining certification from Tier 1 companies supplying axles and transmissions to global OEM’s.
The customer and market diversification strategy adopted in 2000 and the recently introduced, culture of continuous innovation were key elements to the successful market penetration the brand has had in more than 60 countries.
In 2005 Fersa inaugurated their new manufacturing plant in Spain, with the latest technological advances; in 2009 the company opened new sales/engineering offices in Brazil; and in April of 2011 a new production center opened in China. As a result of these actions Fersa’ has trebled its production capacity to supply the ever increasing demand of our global customers.
Our investment plans for 2012-2014 include the opening of a new manufacturing plant in North America and the inauguration of an R+D center in Germany.