TORONTO, Canada NUCAP Industries will license its NRS mechanical brake friction attachment technology to European Friction Industries (EFI).
The deal will allow EFI to "internally process" NUCAP’s NRS technology for automotive, motorcycle, truck, bus, industrial and railway brake friction products. NUCAP said this will help EFI streamline its internal manufacturing processes and further improve the quality and durability of its products.
“The NRS license is a result of our constant quest for quality improvements,” said Andy Freeman, chairman and CEO of EFI. "Our agreement with NUCAP gives us access to the leading solution for brake friction attachment, which will allow us to further enhance our product quality and extend the market share for our EBC Brakes brand of automotive and motorcycle brakes.”
“EFI’s products, processes and culture provide an ideal fit for the NRS technology. We are pleased to strengthen our relationship with the EFI team and are happy to add them to the NRS family,” said Ray Arbesman, NUCAP chairman and CEO.