TREVIGLIO, Italy (BRAIN) — Bianchi has unveiled plans to build a new headquarters building and factory here. The 30,000 square meter (325,000 square foot) facility will have about 17,000 square meters devoted to bike production. Production is expected to begin in 2023. At full capacity, the factory will be able to make 1,000 bikes per day.
Bianchi CEO Fabrizio Scalzotto went over the plans Thursday at the company's current headquarters in Via delle Battaglie – which has been home to the company for over 50 years.
The redevelopment project will stay within the Municipality of Treviglio and is intended to revitalize an historic industrial area. "Key to Bianchi's vision and strategy is the beginning of a re-shoring process, bringing back to Italy the technical and production capacities that had been outsourced outside of Europe in the previous decades," Scalzotto said.
Salvatore Grimaldi, the president and owner of Bianchi, said, "Growing and developing companies is the challenge that fascinates me more than any other, and today we are embracing a new one: creating at Bianchi one of the most advanced bicycle manufacturing plants in the world."
At full capacity, the new site will employ more than 250 people including clerks, technical resources and production personnel.
The new Bianchi venue also will host a Bianchi Museum. The overall investment in the project is more than 40 million euros ($45 million). Work began last month.