Manufacturing News

Grupo Simec reports strong 2016 earnings; new plant in the works
Mexican steelmaker Grupo Simec reported net earnings of US$ 266 million in 2016, compared with a US$ 163 million net loss in 2015. The rebound is attributed to higher domestic sales and increasing steel prices, said the company in a brief to local stock market regulators. Sales increased to US$ 1.2...
Toyota grants Contribution Award to Mexican auto supplier Metalsa
Mexico-based Metalsa, a supplier of structural components for light and commercial vehicles, was recognized in recent days with the Regional Contribution Award from Toyota Motor Corporation for the outstanding contribution to Toyota North America for safety, quality, delivery and support provided fr...
Ford starts recruitment for transmission plant in Irapuato
Ford Motor Company started recruitment for its new transmission plant scheduled to start operations by the end of this year in Irapuato, according to local media. At least 300 candidates attended a job fair organized by labor state officials, who helped the job applicants fill the required paperwo...
AK Tube opens US$ 10 million plant in Queretaro
U.S.-based steel tube manufacturer AK Tube opened a US$ 10 million plant in Queretaro, its first facility abroad. The new site will manufacture tubes for exhaust systems aiming to supply the automotive industry located in the Northeast and Center regions of Mexico. Over the next three months the f...
Sweden-based SCA plans US$ 105 million investment in Mexico
SCA, a global hygiene products company based in Sweden, announced plans to invest about US$ 105 million to further strengthen tissue operations in one of the company’s Mexican facilities. “The investment in Mexico will support SCA’s high-quality tissue offering under the Regio Brand,” said ...