Siemens has plan for its nine factories in Mexico to go from 40% to a 65% of national supply chain by the year 2020 and to 80% by 2026, to reach yearly purchases worth of US$ 502.7 million from different local materials. 

The German manufacturer currently purchases materials and services valued at US$ 324 million a year to over 2,000 Mexican companies.

The German firm will replace importation of several plastic products, resins and steel materials, mainly from the U.S., by Mexican providers, pointed out Marco Aurelio Silveira Cardoso de Menezes, Supply Chain Mexico CPO for Siemens, during an interview. 

MexicoNow

Related News

- Siemens vows to invest US$ 200 million, create 1000 jobs in Mexico

- Siemens seeks big play in Mexico's smart grid